Applying a screener to different TFs

• 03/19/2018 at 12:12 PM #65662
  robertogozzi

  I am running this screener to detect engulfing candlesticks > 10 pips on the Daily TF.

  What’s the difference between applying it on the Daily Chart or on the, say, 1-minute chart?

  ONCE BodySize = 10 * pipsize TIMEFRAME(daily) Engulf = 0 Body = abs(open - close) Bearish = open > close Bullish = open < close IF Bearish[1] THEN //Bearish IF open <= close[1] AND close >= open[1] AND Bullish THEN Engulf = (Body > Body[1]) AND (Body >= BodySize) END IF ELSIF Bullish[1] THEN //Bullish IF open >= close[1] AND close <= open[1] AND Bearish THEN Engulf = (Body > Body[1]) AND (Body >= BodySize) ENDIF ENDIF TIMEFRAME(default) Result = Engulf SCREENER[Result]

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  ONCE BodySize = 10 * pipsize TIMEFRAME(daily) Engulf  = 0 Body    = abs(open - close) Bearish = open > close Bullish = open < close IF Bearish[1] THEN                                                 //Bearish    IF open <= close[1] AND close >= open[1] AND Bullish THEN       Engulf = (Body > Body[1]) AND (Body >= BodySize)    END IF ELSIF Bullish[1] THEN                                              //Bullish    IF open >= close[1] AND close <= open[1] AND Bearish THEN       Engulf = (Body > Body[1]) AND (Body >= BodySize)    ENDIF ENDIF TIMEFRAME(default) Result = Engulf SCREENER[Result]

  

  robertogozzi

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  03/19/2018 at 3:43 PM #65704
  Nicolas

  Nothing. The selected timeframe in the dropdown list is the “default” one, the one you are mentioning at line 16 of your screener code.

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  robertogozzi

  

  Nicolas

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