Hi guys i was hoping you can help me build a screener for the following scenario.
Opening 5 minute candle of the day (american market) 2.30pm start time.
Screener filters only those companies where the first 5 minute candle opens and closes plus 3% or more.
The candle closes at the high or maximum 15% away from high.
Only create a list for from 2.30-2.35pm when amercian market opens.
It would be fantastic if you can help!
thanks
This should do
IF IntradayBarIndex = 0 THEN
c1 = 0
c2 = 0
ENDIF
IF time = 143500 THEN
c1 = min(open,close) >= (max(open[1],close[1]) * 1.03) //open(close 3+% greater than the day before
c2 = close >= (high * 0.85) //closing price 15-% away fromn high
ENDIF
SCREENER[c1 AND c2]
Wow that was quick thank you So much. I forgot to add one thing. I wanted screener to list those stocks which have gapped up or down minimum plus 3%.
Thanks again I really appreciate your help
This is modified to accomodate -3%, besides +3% already in place:
IF IntradayBarIndex = 0 THEN
c1 = 0
c2 = 0
c3 = 0
ENDIF
IF time = 143500 THEN
c1 = min(open,close) >= (max(open[1],close[1]) * 1.03) //open(close +3% gap
c2 = close >= (high * 0.85) //closing price 15-% away fromn high
c3 = max(open,close) <= (min(open[1],close[1]) * 0.97) //open(close -3% gap
ENDIF
SCREENER[(c1 OR c3) AND c2]
Hi again I have tested the code out and waited for results at 2.35pm which didn’t trigger. Maybe we have misunderstood.
I would like the screener to display results of only the opening 5 minute candle of the day 2.30-2.35pm.
The candle should gap up or down + or – 3 percent from previous day close.
The 5minute candle should close only UP at least 85percent from the high of the candle.
I’m only interested in the results for the 2.30-2.35pm candle.
Thank you
You added a slightly more selective filter (candle 2:30-2:35 must be bullish):
IF IntradayBarIndex = 0 THEN
c1 = 0
c2 = 0
c3 = 0
ENDIF
IF time = 143500 THEN
c1 = min(open,close) >= (max(open[1],close[1]) * 1.03) //open(close +3% gap
c2 = close >= (high * 0.85) AND close > open //closing price 15-% away fromn high
c3 = max(open,close) <= (min(open[1],close[1]) * 0.97) //open(close -3% gap
ENDIF
SCREENER[(c1 OR c3) AND c2]
if no items are returned maybe there were none to be returned!
Do you have any name which for sure should have been reported today?
