Pro screener programming glitch

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Viewing 9 posts - 1 through 9 (of 9 total)
  • #162396

    Hi

    I am having an issue with the screener.

    I have 3 conditions for a bull screen.

    Average[38}(close)<Average[38](close)[10] (daily)

    Average[38](close)>Average[38](close)[1](daily)

    Average[5](close)>Average[5](close)[1](daily)

    So the idea is to have the 38moving average lower than it was 10 days ago. Also to have the 38moving average higher than the previous day. And to have the 5 moving average as higher than the previous day. I have set it that all conditions have to be met.

    When I program and test this against a list of shares that I have I get ASX:AZJ coming up in the scan. But it is actually lower on the 38moving average than the day before. Admittedly it measures to 4 decimal places on the moving average and it is only the last 2 that show it lower. 3.8655 is lower than 3.8665, which means the 38moving average is still going down.

    Can someone explain why this is happening? I am new to using the proscreener so it is most likely the way I have programmed it.

     

    Thanks,

    Shane

    #162399

    If you post the code (using the ‘Insert PRT Code’ button) we can try to replicate your results.

    On which TF?

    On which list?

     

    #162412

    It looks like after it updated for a day that it is reading correctly. I had trying to restart but it still was throwing up the false reading.

    I was looking at the daily, which i wrote in the original post.

    #162423

    Did you cut and paste incorrectly?

    Your code should look like this:

     

    #162425

    I just went cntrl C And then cntrl V and thats how it printed using the insert prt code button.

    #162426

    close[10] is actually 11 candles back including the current one which is candle zero. Perhaps this is why results are different to your expectations?

    #162427

    I use both that code as a screener and as an indicator (to spot previous days), but I was never  reported ASX:AZJ:

    it’s performing correctly.

     

     

    #162429

    Cool. Thanks for testing it for me.

    Must of just needed a day to update before it would work correctly.

    #165617

    Hi again,

    I have been thinking about adding a daily % change indicator to the above indicator, to show when the trend starts to kick, mainly to isolate small cap shares that are about to rise significantly. How do I program it to look for a positive increase of between 3 and 10%? The simplified creation tool doesn’t allow for this. I am not really sure what the indicator for this would even look like.

    Thanks,

    Shane

Viewing 9 posts - 1 through 9 (of 9 total)

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