Inside Week Scan

Viewing 11 posts - 1 through 11 (of 11 total)
  • Author
    Posts
  • 04/01/2022 at 2:50 PM #190985 quote
    dkotecha1
    Participant
    New

    Hi Guys,

    I am currently using the below scans to find Inside  Candles on Weekly and Monthly timeframes

    c1= high[0] < high[1]

    c2= low[0] > low[1]

    insidebar = c1 and c2

    screener[insidebar]

    This provides inside candles for the prior week , however if want to run the scan on the weekend for the current week is there a way to modify this ?

    Any help would be appreciated

    04/01/2022 at 4:45 PM #190993 quote
    robertogozzi
    Moderator
    Master

    This will only work on Mondays:

    timeframe(Daily)
IF DayOfWeek < DayOfWeek[1] THEN
   PreviousHigh = high[1]
   PreviousLow  = low[1]
ENDIF
c1 = 0
c2 = 0
IF DayOfWeek = 1 OR (DayOfWeek > 1 AND DayOfWeek < DayOfWeek[1]) THEN
   c1 = high[0] < PreviousHigh
   c2 = low[0]  > PreviousLow
ENDIF
timeframe(default)
insidebar = (c1 and c2)
screener[insidebar]
    04/05/2022 at 6:40 PM #191266 quote
    dkotecha1
    Participant
    New

    Hi,

     

    Thanks for the response, the current scan i have also works on Mondays. Is there a way that it would work on a saturday or Sunday ?

    04/06/2022 at 9:19 AM #191312 quote
    robertogozzi
    Moderator
    Master

    Try this one:

    timeframe(Daily)
IF OpenDayOfWeek = 5 THEN
   PreviousHigh = high
   PreviousLow  = low
ENDIF
c1 = 0
c2 = 0
IF DayOfWeek > 5 OR DayOfWeek = 0 THEN
   c1 = high < PreviousHigh
   c2 = low  > PreviousLow
ENDIF
timeframe(default)
insidebar = (c1 and c2)
screener[insidebar]
    04/10/2022 at 6:50 PM #191535 quote
    dkotecha1
    Participant
    New

    Hi,

    Thanks for the updated code, however unfortunately it does not bring up results when tried, would you know of any other solution?

    04/10/2022 at 10:05 PM #191544 quote
    robertogozzi
    Moderator
    Master

    You’ll have to apply it to instruments/assets being traded on Saturday and Sunday.

    04/11/2022 at 10:57 AM #191560 quote
    dkotecha1
    Participant
    New

    I am looking to apply to it to UK shares that would not be traded on the weekend. I want to be able to run a scan on a Sat/Sunday for the current week is that not possible with Prorealtime ?

    04/11/2022 at 11:43 AM #191562 quote
    robertogozzi
    Moderator
    Master

    You can scan anytime, but when the market is closed, you will be reported conditions at closing time (till it opens again).

    04/11/2022 at 12:14 PM #191573 quote
    dkotecha1
    Participant
    New

    not sure I follow, are you saying that on a weekend the weekly candle has not closed ? Therefore I need to wait till monday ?  and there is no way to screen based on the week having closed on last trading day which would be friday ?

    04/11/2022 at 2:15 PM #191583 quote
    robertogozzi
    Moderator
    Master

    Screeners scan live markets, how could they scan price movements  when markets are closed?

    04/11/2022 at 3:46 PM #191588 quote
    dkotecha1
    Participant
    New

    not sure what you mean.. by that logic you shouldn’t be able to scan in the evening (whilst the market is closed) for a daily inside candle, however that seems to work perfectly fine

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Inside Week Scan


ProScreener: Market Scanners & Detection

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dkotecha1 @dkotecha1 Participant
Summary

This topic contains 10 replies,
has 2 voices, and was last updated by dkotecha1
3 years, 11 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 04/01/2022
Status: Active
Attachments: No files
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