Engulfing Candles Screener

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11/07/2022 at 11:31 AM #203752 quote

lisamitch50
Participant

Junior

Sup all.

I have been looking around for what im after but nothing close.

Wondering if someone could help me figure out a little something please –

Im trying to make a ProScreener which shows me in the timeframe i chose (D,1hr,15m and so on)

if my indicator has printed a signal…

Basically, i have cobbled together an indicator to show on the charts when an “Engulfing” candle shows up.

I am now looking to have a screener which then shows me which markets it has shown up on..

However, all i get is a full list of the markets i have chosen and the current price See 1st pic.

I cant get the screener to show me when an engulfing candle has printed (Which should also be shown on the chart with the indicator i have made)

Any ideas or links to something similar i can wibble about with please..

Thanks.

No-Engulfing-1.jpg No-Engulfing-2.jpg

11/07/2022 at 1:45 PM #203759 quote

Nicolas
Keymaster

Legend

Please post your screener/indicator code so we could make it works the way you want 🙂

11/07/2022 at 2:09 PM #203761 quote

lisamitch50
Participant

Junior

Thanks Nicolas,

Im happy to try and code it myself if someone could help a little with what code to look at..

// Engulfing Screener Test
// A Mitchell
// 2022
Bear=(close[1] > open[1] and open > close and open >= close[1] and open[1] >= close and open – close > close[1] – open[1] and high >= High[1] and Low <= Low[1])
if Bear then

endif

Bull=(open[1] > close[1] and close > open and close >= open[1] and close[1] >= open and close – open > open[1] – close[1] and high >= High[1] and Low <= Low[1])
if Bull then

endif
SCREENER(close as “Engulfing”)

Many thanks guys.

Mitch

No-Engulfing-3.jpg

11/07/2022 at 4:06 PM #203764 quote
JS
Participant

Master
Hi Mitch,

The simplest screener for Bullish and Bearish Engulfing looks like this:
```
C1 = Close[1] < Open[1] and Open < Close[1] and Close > Open[1] // Bullish Engulfing
C2 = Close[1] > Open[1] and Open > Close[1] and Close < Open[1] // Bearish Engulfing

If C1 then
Up = 1
elsIf C2 then
Up = -1
EndIf

SCREENER[C1 or C2](Up as "Bullish = 1 Bearish = -1")
```
11/07/2022 at 4:14 PM #203767 quote

lisamitch50
Participant

Junior

Thanks JS

I’ll give that a try when I can get back to the pc.

I have a specific set of “requirements” for my own indicator (lol I would wouldn’t I )

So is there a way I can make a screener that searches all the assets chosen and returns a bullish or bearish depending on my screener.

The standard engulfing candle is ok, but I only trade those whose wicks are bigger AND the body is bigger too. Along with a trend filter on my indicator ( 250ema) so not all engulfing candles show up or are “Indicated” if that makes sense.

Currently en-route to an airport but will update with screenshots and code for anyone to use if you want.

This plays VERY nice onto my oil system I have out on another post.

So I guess I’m really after a screener which returns results based on my indicator ?!??

Thanks again in advance

Mitch

11/07/2022 at 4:16 PM #203768 quote

lisamitch50
Participant

Junior

All –

Just so we’re on the same page, I’m not after someone to do a load of work, I’m after help finding the code which might help me make it, but if anyone wants to help code it I won’t say no.

Thanks guys.

Mitch

11/07/2022 at 4:36 PM #203772 quote
JS
Participant

Master
Hi Mitch,

You can take the “wicks” as an extra condition (High > High[1] and Low < Low[1])
The screener "searches" in all the lists you check…
```
C1 = Close[1] < Open[1] and Open < Close[1] and Close > Open[1] and High > High[1] and Low < Low[1] // Bullish Engulfing + Wicks
C2 = Close[1] > Open[1] and Open > Close[1] and Close < Open[1] and High > High[1] and Low < Low[1] // Bearish Engulfing + Wicks

If C1 then
Up = 1
elsIf C2 then
Up = -1
EndIf

SCREENER[C1 or C2](Up as "Bullish = 1 Bearish = -1")
```
11/07/2022 at 4:44 PM #203773 quote

JS
Participant

Master

Here are two screenshots of the results of the screener including the “wicks”…

lisamitch50 thanked this post

Schermafbeelding-2022-11-07-om-16.41.17.png Schermafbeelding-2022-11-07-om-16.40.37.png

11/10/2022 at 9:23 AM #203912 quote

lisamitch50
Participant

Junior

Thanks all and JS – It looks like its sorted, good results and screener looking good too. Thanks.

Mitch
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