Need some help. screener 50% retracement

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #34493 quote
    Marcel van Vliet
    Participant
    Veteran

    Hi,
    I am trying to create a ProScreener that screens 50% retracements to the average[50] line.
    The screener has to screen when the price hits resistance or support above or below the 50 moving average  and retraces back to this mean with 50%.
    This is what I have produced till now, but the screener does not work proparly yet. It gives too many signals.

    percent = average[50]/100

    SCREENER(average[50]*percent<50)

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.

Need some help. screener 50% retracement


ProScreener: Market Scanners & Detection

New Reply
Author
Summary

This topic contains 1 voice and has 0 replies.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 05/04/2017
Status: Active
Attachments: No files
Logo Logo
Loading...