Can someone help me to make a screener with weekly highest high?

Alex C · 2020-09-22T07:35:14+00:00

Hi, Can someone help me develop a screener with following criteria? High this week was the highest in 50 weeks High this week was at least 200% the high 50 weeks ago or greater than 150% of the lowest low the past year Volume this week is greater than 130% of average volume the past 50 weeks Closed this week greater than $20 Thanks in advance for the help…

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09/22/2020 at 8:35 AM #144944 quote
Alex C
Participant

Junior
Hi,

Can someone help me develop a screener with following criteria?
1. High this week was the highest in 50 weeks
2. High this week was at least 200% the high 50 weeks ago or greater than 150% of the lowest low the past year
3. Volume this week is greater than 130% of average volume the past 50 weeks
4. Closed this week greater than $20
Thanks in advance for the help…
09/22/2020 at 9:02 AM #144954 quote
Nicolas
Keymaster

Legend
Could you please update your profile with your country?

Here is the screener code you are requesting:
```
c1 = high>highest[50](high)[1]
c2 = high>=high[50]
c3 = volume>=1.3*average[50](volume)
c4 = close>20

screener[c1 and c2 and c3 and c4]
```
09/22/2020 at 10:16 AM #144970 quote

Alex C
Participant

Junior

Updated.

Thanks for your help 🙂

I saw you can backtest strategies on prorealtime, how should i proceed to see if such a screener is producing any interesting results to look further into?

Thanks in advance

09/22/2020 at 10:23 AM #144971 quote

Alex C
Participant

Junior

Are you sure about the second criteria?

High this week was at least 200% the high 50 weeks ago or greater than 150% of the lowest low the past year

? c2 = high>=high[50]

09/22/2020 at 10:26 AM #144973 quote
Nicolas
Keymaster

Legend
By learning to code? 😀

You can simulate the percentage change of price over the stocks lists since the first detection of this screener criteria:
```
if test = 0 then 
c1 = high>highest[50](high)[1]
c2 = high>=high[50]
c3 = volume>=1.3*average[50](volume)
c4 = close>20
if c1 and c2 and c3 and c4 then 
test = 1
start = barindex
endif
endif

screener[test](roc[max(1,barindex-start)])
```
09/22/2020 at 10:27 AM #144974 quote
Nicolas
Keymaster

Legend
Sorry, you are right, you have to multiply the High[50] by 2:
```
c2 = high>=high[50]*2
```
09/22/2020 at 11:03 AM #144978 quote

Alex C
Participant

Junior

Ok thanks again I’ll learn the prorealcode syntax 🙂

Great suggestion too 🙂

How do I add the second part of the second criteria which I think isn’t complete:

High this week was at least 200% the high 50 weeks ago or greater than 150% of the lowest low the past year

c2 = high>=high[50]*2 OR high>lowest[52](low)*1.5

and what does this 1 mean in the first criteria? high>highest[50](high)[1]

09/22/2020 at 11:06 AM #144979 quote

Nicolas
Keymaster

Legend

Your syntax is correct for the c2 condition.

The [1] is an offset 1 bar before the current one. Because the current high cannot be greater than the highest high on the current bar, otherwise it would be itself the highest high.
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Can someone help me to make a screener with weekly highest high?

ProScreener: Market Scanners & Detection

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Alex C @alex_c Participant

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This topic contains 7 replies,
has 2 voices, and was last updated by Nicolas
6 years ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	09/22/2020
Status:	Active
Attachments:	No files