How To Have Multi Timeframes In 1 Scan?

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Posts

01/19/2018 at 2:13 AM #59853 quote

Participant

Junior

Hi, I really need all the timeframes mentioned to be running and show as a live scan as the conditions are met, as per the other one I seen working.

Sorry I don’t full understand the complexities, but just do what you think will work best.

I will now supply you the exact code criteria for the buy side 1st and sells at the bottom.

indicator1 = Average[1](Stochastic[3,1](close))
c1 = (indicator1 CROSSES UNDER 22)

indicator2 = MACDline[8,26,9](close)
c2 = (indicator2 > 0)


SCREENER[c1 AND c2] (null AS "null")

indicator1 = Average[1](Stochastic[3,1](close))
c1 = (indicator1 CROSSES OVER 78)

indicator2 = MACDline[8,26,9](close)
c2 = (indicator2 < 0)


SCREENER[c1 AND c2] (null AS "null")

Thanks again

01/22/2018 at 11:10 AM #60143 quote

robertogozzi

Moderator

Legend

That’s my idea on how to manage multiple buy/sell conditions on multiple TFs:

// returns 9 followed by:
//     TF                  daily   4hours    1hour    15min
// Buy condtions             1        1        1        1
// Sell conditions           2        2        2        2
// No condition met          0        0        0        0
//
// For examnple, a returned value of 92001 means than on the Daily TF a SELL condition was met (digit 2), wbhile on the 15min TF a BUY condition
// was met (digit 1). For all other TFs no condition was met.
//

x = 90000                                              //Start with 90000 not to lose leading 0's

TIMEFRAME(daily)
indicator1 = Average[1](Stochastic[3,1](close))       //Buy
c1 = (indicator1 < 28)
indicator2 = MACDline[12,26,8](close)
c2 = (indicator2 > 0)
indicator1a = Average[1](Stochastic[3,1](close))      //Sell
c1a = (indicator1a CROSSES OVER 78)
indicator2a = MACDline[8,26,9](close)
c2a = (indicator2a < 0)

TIMEFRAME(4 hours)
indicator3 = Average[1](Stochastic[3,1](close))       //Buy
c3 = (indicator3 < 28)
indicator4 = MACDline[12,26,8](close)
c4 = (indicator4 > 0)
indicator3a = Average[1](Stochastic[3,1](close))      //Sell
c3a = (indicator3a CROSSES OVER 78)
indicator4a = MACDline[8,26,9](close)
c4a = (indicator4a < 0)

 TIMEFRAME(1 hour)
indicator5 = Average[1](Stochastic[3,1](close))       //Buy
c5 = (indicator5 < 28)
indicator6 = MACDline[12,26,8](close)
c6 = (indicator6 > 0)

indicator5a = Average[1](Stochastic[3,1](close))      //Sell
c5a = (indicator5a CROSSES OVER 78)
indicator6a = MACDline[8,26,9](close)
c6a = (indicator6a < 0)
 
TIMEFRAME(15 minutes)
indicator7 = Average[1](Stochastic[3,1](close))        //Buy
c7 = (indicator7 < 28)
indicator8 = MACDline[12,26,8](close)
c8 = (indicator8 > 0)

indicator7a = Average[1](Stochastic[3,1](close))      //Sell
c7a = (indicator7a CROSSES OVER 78)
indicator8a = MACDline[8,26,9](close)
c8a = (indicator8a < 0)
 
TIMEFRAME(default)

IF c1 AND c2 THEN
x = x + 1000                                       //Dazily BULLish
ELSIF c1a AND c2a THEN
x = x + 2000                                       //Daily BEARish
ENDIF

IF c3 AND c4 THEN
x = x + 100                                       //4 Hours BULLish
ELSIF c3a AND c4a THEN
x = x + 200                                       //4 Hours BEARish
ENDIF

IF c5 AND c6 THEN
x = x + 10                                       //1 Hour BULLish
ELSIF c5a AND c6a THEN
x = x + 20                                       //1 Hour BEARish
ENDIF

IF c7 AND c8 THEN
x = x + 1                                       //15 Minutes BULLish
ELSIF c7a AND c8a THEN
x = x + 2                                       //15 Minutes BEARish
ENDIF

SCREENER[x] (x AS "TF")

Multiple-TFs.itf