Convert Indicator & Strategy to Screener (Gann Market Model)

• 07/02/2018 at 7:33 AM #75048
  Bos.

  Hi folks,

  i’m wondering if someone might be able to convert the strategy posted by Odin, as found here: https://www.prorealcode.com/prorealtime-trading-strategies/gann-market-model-short-term-correction-strategy/ and also attached, into a screener that detects the stocks that meet its criteria and qualifies it as a potential signal via the screener.

  Thanks,

  A.

   

  

  Bos.

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  07/02/2018 at 9:43 AM #75064
  Nicolas

  Not tested, but you could try by yourself with this code:

  //short term a1= ExponentialAverage[50](high)[1] b1=ExponentialAverage[50](low)[1] if close > a1 then c1 = 1 Else IF close < b1 then c1=-1 endif ENDIF if c1= -1 then D1 = a1 ELSE D1=b1 endif a2= ExponentialAverage[100](high)[1] b2=ExponentialAverage[100](low)[1] if close > a2 then c2 = 1 Else IF close < b2 then c2=-1 endif ENDIF if c2= -1 then D2 = a2 ELSE D2=b2 endif a3= Average[200](high)[1] b3=Average[200](low)[1] if close > a3 then c3 = 1 Else IF close < b3 then c3=-1 endif ENDIF if c3= -1 then D3 = a3 ELSE D3=b3 endif if D1 < close then result = 1 else result = 0 endif if D2 < close then result1 = 1 else result1 = 0 endif if D3 < close then result2 = 1 else result2 = 0 endif c10 = (result+result1+result2) test = c10=3 and c10[1]<>3 screener[test]

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  //short term a1= ExponentialAverage[50](high)[1] b1=ExponentialAverage[50](low)[1] if close > a1 then c1 = 1 Else IF close < b1 then   c1=-1 endif ENDIF if c1= -1 then D1 = a1 ELSE D1=b1 endif a2= ExponentialAverage[100](high)[1] b2=ExponentialAverage[100](low)[1] if close > a2 then c2 = 1 Else IF close < b2 then   c2=-1 endif ENDIF if c2= -1 then D2 = a2 ELSE D2=b2 endif a3= Average[200](high)[1] b3=Average[200](low)[1] if close > a3 then c3 = 1 Else IF close < b3 then   c3=-1 endif ENDIF if c3= -1 then D3 = a3 ELSE D3=b3 endif if D1 < close then result = 1 else result = 0 endif if D2 < close then result1 = 1 else result1 = 0 endif if D3 < close then result2 = 1 else result2 = 0 endif c10 = (result+result1+result2)   test = c10=3 and c10[1]<>3   screener[test]

  I changed the EMA200 to a MA200 (EMA200 needs much more data than a simple moving average and could not be correctly calculated by ProScreener with its 254 bars limitations).

  

  Nicolas

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  07/02/2018 at 9:54 AM #75067
  Bos.

  Hi Nicolas,

  thanks for taking the time to do this. It appears to work as it should at first glance.

  Thanks again

  

  Bos.

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