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12/02/2016 at 11:12 PM #17740 quote

GraHal
Participant

Master

I can’t think how to code a screener to detect a ‘consolidation range’ similar to attached.

Anybody seen code to do the job on here or got any ideas please?

Many Thanks
GraHal

Horizontal-Box-Channel.jpg

12/03/2016 at 1:34 PM #17758 quote

Nicolas
Keymaster

Master

You can try to test the difference in points between the highest high and lowest low over last X periods.

12/03/2016 at 3:43 PM #17762 quote
GraHal
Participant

Master
I’ve done the two below (some of your code I’m sure, Nicolas) but they may or may not result in a horizontal pattern.
```
hh = highest[60](high)[1]
ll = lowest[60](low)[1]

C1 = (hh-ll)<10*pipsize

C2 = Open > High[1] OR Open < Low[1]

Screener [C1 and C2]  (hh-ll AS "Range")
```
```
fast = average[10](close)
slow = average[40](close)
spread = ((fast/slow)-1)*100
flatrange = ABS((lowest[60](low)-highest[60](high))/close)*100

c1 = fast>slow AND spread<10 AND close>fast AND flatrange<=15

SCREENER[c1] (flatrange as "Range")
```
12/03/2016 at 8:26 PM #17766 quote

Nicolas
Keymaster

Master

I don’t know about the second one, but for the first one, it would do the job. You should look further back in the past?
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HORIZONTAL BOX CHANNEL

ProScreener: Market Scanners & Detection

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GraHal @investment_account Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by Nicolas
9 years, 3 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	12/02/2016
Status:	Active
Attachments:	No files

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