Onmarket in Proscreener

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  • 03/12/2019 at 10:28 PM #93486 quote
    marcara
    Participant
    Average

    Hi, I would like to use Onmarket or longtomarket in proscreener.

    How can I do it?

     

    Thanks in advance

    03/12/2019 at 10:46 PM #93487 quote
    Vonasi
    Moderator
    Master

    A screener is just a check that conditions have been met on a list of instruments. You cannot be on market unless you simulate a strategy and then use the conditions to decide whether that simulated strategy would have been on a market or not on a market at any moment in time. Not sure why you would want to though?

    03/13/2019 at 11:48 AM #93528 quote
    marcara
    Participant
    Average

    Thanks for your answer.

    It is a sccreener that check some conditions in order to close positions if you are on the market, so I would like the screener only in the ONmarket.

    03/13/2019 at 12:17 PM #93530 quote
    Vonasi
    Moderator
    Master

    I’m not big on screeners but perhaps you could code an indicator that simulates your strategy and returns a flag that is 1 or zero if on or off the market. Then CALL the indicator from your screener and use the flag value as a condition to be met.

    03/13/2019 at 1:23 PM #93535 quote
    marcara
    Participant
    Average

    Perfect, Good Idea. I will try to do. I’ll post the solution.

    03/13/2019 at 6:15 PM #93555 quote
    marcara
    Participant
    Average

    Hi,

     

    I have tried tje indicator with no luck; I can not use the onmarket instruction in the indicator. So, I can not check when the product is on market.

    03/13/2019 at 11:25 PM #93570 quote
    Vonasi
    Moderator
    Master

    You don’t use ONMARKET in the indicator. Something more like this is what I was suggesting:

    if flag = 0 and (my entry conditions) then
flag = 1
endif

if flag = 1 and (my exit conditions) then
flag = 0
endif

return flag
    03/14/2019 at 10:10 AM #93597 quote
    marcara
    Participant
    Average

    Thank you very much. The entry conditions are not possible to code. The entry takes into account some conditions but the I decide depending on fundamentals if the entry is valid or not. So I can not code it.

    03/14/2019 at 10:25 AM #93601 quote
    Vonasi
    Moderator
    Master
    marcara wrote:

    The entry takes into account some conditions but the I decide depending on fundamentals if the entry is valid or not. So I can not code it.

    Sorry to hear that as it was an interesting new idea having a screener screen for exits rather than entries. Maybe an idea for another strategy at another time!

    03/14/2019 at 4:09 PM #93653 quote
    marcara
    Participant
    Average

    The only idea that I found is creating a list with the products that are on market and then the screener will check only onmarket list.

    It implies a manual job but It is the best I found.

     

    Any other solution will be appreciatted,

    03/14/2019 at 9:50 PM #93707 quote
    GraHal
    Participant
    Master

    If your conditions can be set up using the IG Indicator Alert then you may be able to achieve a compromise solution?

    I often used the IG Alert on my phone when manual trading and away from my PC screen, even when going to the toilet! 🙂

    Alert.jpg Alert.jpg
    03/14/2019 at 10:05 PM #93712 quote
    Vonasi
    Moderator
    Master
    GraHal wrote:

    even when going to the toilet!

    TMI!

    GraHal thanked this post
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Onmarket in Proscreener


ProScreener: Market Scanners & Detection

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marcara @marcara Participant
Summary

This topic contains 11 replies,
has 3 voices, and was last updated by Vonasi
7 years ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 03/12/2019
Status: Active
Attachments: 1 files
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