15EMA/50SMA crossover screener fault?

thetragiccircle · 2019-02-14T18:35:36+00:00

//criteria = 0 // SHORT indicator1 = ExponentialAverage[15](close) indicator2 = Average[50](close) c1 = (indicator1 = indicator2) indicator3 = Stochastic[5,2](close) c2 = (indicator3 >= 75) short= c1 AND c2 //criteria = 0 // LONG indicator1a = ExponentialAverage[15](close) indicator2a = Average[50](close) c1a = (indicator1a = indicator2a) indicator3a = Stochastic[5,2](close) c2a = (indicator3a <= 25) long= c1a AND c2a TIMEFRAME (default) if long then criteria=1 elsif short then criteria=-1 endif SCREENER[long or short](criteria as "XMTS") I am trying to use a screener where it will signal when the 15EMA crosses below the 50SMA from above, when there is a Stochastic cycle high (%K above 80) – short signal…..and for a long signal when the 15EMA crosses above the 50SMA from below when there is a Stochastic cycle low (%K below 20)…..I have run this screener from a default 5 min timeframe over approximately 10 markets for several days and have never had a signal…..can you check this for me please in case I have made an error (although no error is showing), or perhaps the conditions have just not been met over a couple of days. Thank you

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02/14/2019 at 7:35 PM #91423 quote
thetragiccircle
Participant

Junior
```
//criteria = 0
// SHORT
indicator1 = ExponentialAverage[15](close)
indicator2 = Average[50](close)
c1 = (indicator1 = indicator2)
indicator3 = Stochastic[5,2](close)
c2 = (indicator3 >= 75)
short= c1 AND c2
//criteria = 0
// LONG
indicator1a = ExponentialAverage[15](close)
indicator2a = Average[50](close)
c1a = (indicator1a = indicator2a)
indicator3a = Stochastic[5,2](close)
c2a = (indicator3a <= 25)
long= c1a AND c2a
TIMEFRAME (default)
if long then
criteria=1
elsif short then
criteria=-1
endif

SCREENER[long or short](criteria as "XMTS")
```
I am trying to use a screener where it will signal when the 15EMA crosses below the 50SMA from above, when there is a Stochastic cycle high (%K above 80) – short signal…..and for a long signal when the 15EMA crosses above the 50SMA from below when there is a Stochastic cycle low (%K below 20)…..I have run this screener from a default 5 min timeframe over approximately 10 markets for several days and have never had a signal…..can you check this for me please in case I have made an error (although no error is showing), or perhaps the conditions have just not been met over a couple of days. Thank you
02/14/2019 at 8:12 PM #91424 quote

robertogozzi
Moderator

Legend

There’s a logical error in lines 5 and 13, since the “=” relation is impossible to be true (or very unlikely), try replacing it with “<=” or “>= and it’ll work (I don’t know if that will be what you expected, though!).

02/15/2019 at 10:35 AM #91442 quote

thetragiccircle
Participant

Junior

Thank you, I will try that this morning…I had also tried CROSSES UNDER and CROSSES OVER, and that never worked either.

02/15/2019 at 11:18 AM #91444 quote

robertogozzi
Moderator

Legend

thetragiccircle wrote:

Thank you, I will try that this morning…I had also tried CROSSES UNDER and CROSSES OVER, and that never worked either.

It’s still due to unlikely conditions. I suggest that you add ALL indicators, with the same settings as in your code, to your chart, then identify visually WHEN a signal could have been triggered. If you never see one it’e because those settings have to be changed!

02/15/2019 at 3:28 PM #91463 quote

thetragiccircle
Participant

Junior

The cross over and under condition has worked…it just appears that the conditions were not met while I had the scanner on. Thank you
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