NR7 screener

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  • #30430 quote
    mexitrader
    Participant
    New

    The NR7 day is based on the premise that range contractions are followed by range expansions. The screener adds other indicators to further qualify signals. Buy on move above high of narrow range day high and Set trailing stop-loss. Use these ideas to augment your trading style, risk-reward preferences and personal judgments.

    //MEXITRADER SCREENER 
    c1= Range<Range[1] and Range<Range[2] and Range<Range[3] and Range<Range[4] and Range<Range[5] and Range<Range[6] and Range<Range[7] 
    c2 = high < high[1] and low > low[1] 
    c3 = lowest[5](CCI[20]) < -100 
    c4 = AroonUp[63] > AroonDown[63] 
    c5 = c1 and c2 and c3 and c4 
    
    screener [c5] (average[7](range) as "rango")
    #30443 quote
    Nicolas
    Keymaster
    Master

    >> Please update your country flag in your profile. Thank you 🙂 <<

    Thanks a lot mexitrader for sharing your screener code. Seems a good idea, can I put this one into the library? Or may I ask you to do it yourself by following this tutorial: https://www.prorealcode.com/share-prorealtime-code/
    #30469 quote
    Eric
    Participant
    Master
    Remember to not use sundays data on instruments that opens on sunday
    #30513 quote
    mexitrader
    Participant
    New
    Done,  added to library  🙂   Sorry Eric I don’t understand what you mean with sundays data on instruments that opens on sunday
    Nicolas thanked this post
    #30559 quote
    Eric
    Participant
    Master
    I mean if using it on forex for example then you have 6 daily bars per week and NR7 will probably always be on a sunday
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NR7 screener


ProBuilder: Indicators & Custom Tools

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mexitrader @mexitrader Participant
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This topic contains 4 replies,
has 3 voices, and was last updated by Eric
8 years, 10 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/31/2017
Status: Active
Attachments: 1 files
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