Can Pro-Screener output be used to place Trades Automatically?

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  • 11/01/2019 at 4:31 AM #111783 quote
    galaxyraid
    Participant
    New

    Custom Pro Screener coding is great. However, rather than display the Top X values in the Screener list, I would like to place trades automatically (I’m an experienced coder – so happy to code strategies).  I cannot find anywhere that I can grab the output from the ProScreeer of the instruments so that I can pass it to my automated code.

    For example:

    Example: Oversold RSI
REM Calculate the 14-period RSI
MyRSI = RSI[14]
REM Filter: RSI < 30
Filter = MyRSI < 30
SCREENER[Filter](MyRSI AS "RSI")

    Now, I would like to take the top 5 Oversold RSI Stocks and place trades automatically via Pro-Real code.

    Please assist – how can I get output of the above SCREENER in my code, rather than display it on the screen!

    Many thanks

    Ric

    11/01/2019 at 8:18 AM #111788 quote
    robertogozzi
    Moderator
    Master

    ProScreener does not allow trading automatically from its lists.

    11/05/2019 at 2:33 AM #112140 quote
    galaxyraid
    Participant
    New

    Many thanks for the prompt response.

    Wow, that’s a real flaw in design that one can’t trade automatically from Pro-Screener’s output.  I would have thought that would be quite a fundamental/basic requirement!

    11/05/2019 at 11:56 AM #112188 quote
    GraHal
    Participant
    Master
    galaxyraid wrote:

    I would have thought that would be quite a fundamental/basic requirement!

    How would you decide which of the many results of a screener to trade?  Set criteria and choose the top result?

    Try it a few times on Demo and let us know if it works … set a trade going on the top result (with exit criteria etc) as soon as your Screener  gives a result?

    Let us know how you get on please?

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Can Pro-Screener output be used to place Trades Automatically?


ProScreener: Market Scanners & Detection

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galaxyraid @galaxyraid Participant
Summary

This topic contains 3 replies,
has 3 voices, and was last updated by GraHal
6 years, 4 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 11/01/2019
Status: Active
Attachments: No files
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