Indicator: big Marubozu 3x average range + screener

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04/03/2017 at 7:35 PM #30881 quote

CarlosFC
Participant

New

I have seen the code for marubozus (from Nicolas I think) and I would like to have an indicator to show big marubozus. I mean marubozus with a range three times larger than the average of last 30 days. Would it be also possible to have an screener based on that?
Many thanks in advance.
Carlos.

04/04/2017 at 8:38 AM #30951 quote
Nicolas
Keymaster

Legend
Here we go with this screener code to detect big Marubozu candlestick pattern:
```
bigmarubozu = abs(open-close)/range>=0.95 and range>=3*average[30](range)

screener[bigmarubozu]
```
It detects effectively big candlesticks! 🙂
big-marubozu-screener.png
04/04/2017 at 9:14 AM #30962 quote

CarlosFC
Participant

New

Thank you very much Nicolas. It was easier than expected. Just a question. I see that the screener filetrs stocks with marubozus throughout their history. Would it be possible to show only ones with marubozus at last or previous time frame (day, week, etc)? Thanks again.

04/04/2017 at 9:18 AM #30966 quote

Nicolas
Keymaster

Legend

It should only detect if a Marubozu occurred today. Do you have any example of wrong return of the screener please?

04/04/2017 at 10:54 AM #30975 quote

CarlosFC
Participant

New

My mistake Nicolas. It works perfectly. Thanks a lot. Carlos.
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Indicator: big Marubozu 3x average range + screener

ProScreener: Market Scanners & Detection

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CarlosFC @carlosfc Participant

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This topic contains 4 replies,
has 2 voices, and was last updated by CarlosFC
9 years, 5 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	04/03/2017
Status:	Active
Attachments:	1 files

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