cross previous days close on 1 hr Timeframe

ck1066 · 2020-03-16T19:31:17+00:00

Hi, I hope someone can help. I’m trying to create a indicator which alerts on the 1hr time-frame for bullish or bearish cross over of the previous days close. My current code is: res=0 pdc=dclose(1) Timeframe(1 hour) a1=close crosses over pdc long=a1[1] Timeframe(1 hour) b1=close crosses under pdc short=b1[1] if long then res=1 elsif short then res=-1 endif screener [(long) or (short)] (res as "direction") I need help to ensure it only triggers based on the previous hour. The results seem random when executed against the currencies market. Can someone help?

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03/16/2020 at 8:31 PM #122292 quote
ck1066
Participant

Average
Hi,

I hope someone can help. I’m trying to create a indicator which alerts on the 1hr time-frame for bullish or bearish cross over of the previous days close. My current code is:
```
res=0
pdc=dclose(1)

Timeframe(1 hour)
a1=close crosses over pdc

long=a1[1] 

Timeframe(1 hour)
b1=close crosses under pdc

short=b1[1]

if long then
res=1
elsif short then
res=-1
endif

screener [(long) or (short)] (res as "direction")
```
I need help to ensure it only triggers based on the previous hour. The results seem random when executed against the currencies market. Can someone help?
03/17/2020 at 2:42 PM #122347 quote
Nicolas
Keymaster

Legend
You are over complicated the code, I think it could work like this, and running it on the 1-hour timeframe. Dclose is a constant that you can use in any timeframe.
```
res=0

a1=close crosses over dclose(1)
b1=close crosses under dclose(1)

long=a1[1] 
short=b1[1]

if long then
 res=1
elsif short then
 res=-1
endif

screener [res<>0] (res as "direction")
```
03/17/2020 at 4:44 PM #122365 quote

ck1066
Participant

Average

Thanks as always.
Author

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cross previous days close on 1 hr Timeframe

ProScreener: Market Scanners & Detection

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ck1066 @ck1066 Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by ck1066
6 years, 6 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	03/16/2020
Status:	Active
Attachments:	No files