Need some help. screener 50% retracement

Marcel van Vliet · Thu, 04 May 2017 08:24:55 +0000

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)

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05/04/2017 at 9:24 AM #34493

Marcel van Vliet

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)

Marcel van Vliet
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