The Screener is based on the location of candles with climatic volume that have closed at the top or bottom (pin bars) indicative of patterns of trend reversal.
Screener to locate pin bar sails (in the last 3 sails) with the following characteristics:
– Significant volume.
– It has generated a maximum or minimum in 20 periods.
– The wick is at least 2 times the body of the candle.
– The opening and closing are in 1/3 of the lower half of the candle
– The range is greater than the range of the last 5 periods.
It includes a filter of capitalization and price.
//Screener Pin Bar. //Settings // Filtros del Screener CM=2 // Capitalización media expresada en millones. Pr= 0 // Precio de cierre mínimo Cap= average[10](volume)*close >CM*1000000 Prc=close>Pr // Generación de máximos / minimos Mx=high>highest[20](high[1]) Mnn=low<lowest[20](low[1]) // Volumen significativo VS=volume>exponentialaverage[10](volume[1]) // Mecha 2 veces el cuerpo de la vela M=2*abs(close-open)< range // rango medio superior a la media de los últimos 5 periodos RM=range>exponentialaverage[5](range[1]) //apertura / cierre en la parte inferior de la vela Pl1=close>low+((2*range)/3) and open> low+((2*range)/3) Pl2=close<low+((range/3)) and open<low+((range/3)) // Screener PBB=Mx and VS and M and RM and Pl2 and Cap and Prc PBA=Mnn and VS and M and RM and Pl1 and Cap and Prc PBBc= PBB or PBB[1] or PBB[2] PBAc=PBA or PBA[1] or PBA[2] // Criterio If PBBc then Criterio=-1 Endif If PBAc then Criterio=1 Endif Screener[ PBBc or PBAc] (criterio as "PB")