HELP WITH coding a SCREENER with MACD and Stochastic PLEASE

Viewing 11 posts - 1 through 11 (of 11 total)

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07/22/2021 at 1:20 PM #173989 quote

nealhart
Participant

Junior

Please see attached screenshot…it’s and over bought or over sold setups using MACD and Stochastic ( settings in screenshot) and will use it mainly on 4 hour, daily, weekly timeframes.

Thanks very much in advance

OVER-BOUGHT-OR-SOLD-SCREENER-CRITERIA.jpg

07/22/2021 at 1:33 PM #173995 quote

robertogozzi
Moderator

Legend

Thank you for sharing your idea.

07/22/2021 at 1:55 PM #173999 quote

robertogozzi
Moderator

Legend

Give your topic a meaningful title. Describe your question or your subject in your title. Do not use meaningless titles such as ‘Coding Help Needed’.

Thank you 🙂

07/22/2021 at 2:04 PM #174000 quote

nealhart
Participant

Junior

Noted for next time.. I’m travelling at the moment 🙂

07/22/2021 at 3:34 PM #174007 quote
robertogozzi
Moderator

Legend
There you go:
```
Kline   = Stochastic[11,4](close)
//Dline = Average[3](Kline)
L1      = Kline <= 25
S1      = Kline >= 75
//
MyMACD  = MACDline[12,26,9](close)
Signal  = MACDSignal[12,26,9](close)
L2      = MyMACD > Signal
S2      = MyMACD < Signal
//
CondL   = L1 AND L2
CondS   = S1 AND S2
//
Result  = 0
IF CondL THEN
   Result = 1
ELSIF CondS THEN
   Result = 2
ENDIF
SCREENER[Result](Result AS "1=↑, 2=↓")
```
07/22/2021 at 3:56 PM #174009 quote

nealhart
Participant

Junior

Hi, I pasted the code, but got “syntax errors” line 7,8?

07/22/2021 at 4:23 PM #174010 quote

robertogozzi
Moderator

Legend

I tried to paste it and didn’t get any error.

What version are you currently using?

07/22/2021 at 4:33 PM #174012 quote

nealhart
Participant

Junior

Ah, it’s the older 10.3 because some of my indicators don’t work so good on the newest version.

07/22/2021 at 5:31 PM #174013 quote
robertogozzi
Moderator

Legend
I got it, MACDSignal is a new instruction added in v11.

Use this code (this works with both versions):
```
Kline   = Stochastic[11,4](close)
//Dline = Average[3](Kline)
L1      = Kline <= 25
S1      = Kline >= 75
//
MyMACD  = ExponentialAverage[12](close) - ExponentialAverage[26](close)
Signal  = ExponentialAverage[9](MyMACD)
L2      = MyMACD > Signal
S2      = MyMACD < Signal
//
CondL   = L1 AND L2
CondS   = S1 AND S2
//
Result  = 0
IF CondL THEN
   Result = 1
ELSIF CondS THEN
   Result = 2
ENDIF
SCREENER[Result](Result AS "1=↑, 2=↓")
```
08/05/2021 at 11:38 AM #174737 quote

nealhart
Participant

Junior

Hi, sorry for the delay. I’ve been travelling…

I’ve tried a few times, but I can’t get the screener to show up any trades. ..although there are no errors now.

Is something wrong that I need to change?

thanks

Neal

08/05/2021 at 11:47 AM #174739 quote

robertogozzi
Moderator

Legend

It works fine for me (tested on US shares, both 4h and 2min).

Try several lists or try changing some settings for indicators.

I am attaching the ITF file, in case you made some errors copying & pasting.

Il-Mio-ProScreener9.itf
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