Multi timeframe conditional testing question

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  • 12/22/2016 at 10:34 AM #18969 quote
    ck1066
    Participant
    Average

    Hi,

    I ‘m trying to code a ProScreener indicator using two timeframes, 15 minutes and 5 minutes. How do I test a condition on the 15 minutes timeframe has been met within the last, say 10 bars, while on the 5 minute time frame?

    See the example code below where the “long” condition is what I’m trying to figure out

    //long
TIMEFRAME(15 minutes)
ma1=ExponentialAverage[200](close)
stochk=Stochastic[8,3](close)
a1=close>ma1
a2=(stochk crosses over 20) or (stochk crosses over 50 and mo>0)
l1=a1 and a2

TIMEFRAME(5 minutes)
ma2=ExponentialAverage[200](close)
mo=Momentum[12]
stochk1=Stochastic[8,3](close)
b1=close>ma2
b2=(stochk1 crosses over 20) or (stochk1 crosses over 50 and mo>0)
l2= b1 and b2
long=l2 and <l1=1 in the last 10 bars of the 15 minute timeframe>
    12/22/2016 at 11:00 AM #18971 quote
    ck1066
    Participant
    Average

    “long” as in line 16 of the above code.

    12/22/2016 at 4:48 PM #18990 quote
    Nicolas
    Keymaster
    Master

    So if I understand correctly your request, you want to return immediately the stocks that fulfilled the conditions of your 5 minutes timeframe, while the conditions of the 15 minutes timeframe were met at least 1 time within the last 10 bars?

    12/23/2016 at 2:45 PM #19045 quote
    ck1066
    Participant
    Average

    Yes that’s correct.

    12/23/2016 at 3:14 PM #19050 quote
    Nicolas
    Keymaster
    Master

    Ok, so please find below the modified code accordingly to this condition testing on the 15 minutes timeframe:

    //long
TIMEFRAME(15 minutes)
ma1=ExponentialAverage[200](close)
stochk=Stochastic[8,3](close)
a1=close>ma1
a2=(stochk crosses over 20) or (stochk crosses over 50 and mo>0)
l1=summation[10](a1 and a2)>0

TIMEFRAME(5 minutes)
ma2=ExponentialAverage[200](close)
mo=Momentum[12]
stochk1=Stochastic[8,3](close)
b1=close>ma2
b2=(stochk1 crosses over 20) or (stochk1 crosses over 50 and mo>0)
l2= b1 and b2

screener [l1 and l2]

    It now should operate correctly, please let us know!

    12/24/2016 at 12:22 PM #19086 quote
    ck1066
    Participant
    Average

    Thanks Nicolas, much appreciated as always.

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Multi timeframe conditional testing question


ProScreener: Market Scanners & Detection

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ck1066 @ck1066 Participant
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This topic contains 5 replies,
has 2 voices, and was last updated by ck1066
9 years, 2 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 12/22/2016
Status: Active
Attachments: No files
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