Proscreener R3 and S3 Monthly Pivot Points

• 07/01/2025 at 2:53 PM #248617
  trickytrees03

  A message to Nicholas here. I am new to ProRealCode and I apologise in advance if I am not submitting my enquiry correctly.

   

  On 29/11/2019 you posted this in a reply to a query from Matt B who was looking for a screener to identify stocks hitting monthlyR3 and S3 pivot points:

  Percent = 1.5 //percentage %

  If Month<>Month[1] then

  monthlyHigh = Highest[max(1,BarIndex – lastMonthBarIndex)](High)[1]

  monthlyLow = Lowest[max(1,BarIndex – lastMonthBarIndex)](Low)[1]

  lastMonthBarIndex = BarIndex

  monthlyPivot = (monthlyHigh + monthlyLow + Close[1]) / 3

  monthlyR1 = 2*monthlyPivot – monthlyLow

  monthlyS1 = 2*monthlyPivot – monthlyHigh

  //monthlyR2 = monthlyPivot + (monthlyHigh – monthlyLow)

  //monthlyS2 = monthlyPivot – (monthlyHigh – monthlyLow)

  monthlyR3 = monthlyR1 + (monthlyHigh – monthlyLow)

  monthlyS3 = monthlyS1 – (monthlyHigh – monthlyLow)

  Endif

  data = min(abs(close–monthlyR3),abs(close–monthlys3))

  c1 = (data/close*100)<=Percent/100

  screener [c1](data/close*100)

  I am looking for exactly the same thing and I was wondering if you had it in a file format to enable me to download it and then install it on my ProScreener attached to my IT Charts?

  Please let me know if you can help.

  Best wishes

  Andy

  TT03

  

  trickytrees03

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  07/01/2025 at 3:33 PM #248618
  robertogozzi

  I am attaching the ITF file to be imported into ProScreener.

   

   

  2 users thanked author for this post.

  Iván, trickytrees03

  

  robertogozzi

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  07/01/2025 at 4:19 PM #248622
  trickytrees03

  Hi Robert

  Thanks for this. Over the years I have had success using R3/S3 reversals but it is a pain going through all the stocks to find them. This will help me considerably and hopefuly increase my winning trades.

  Please feel free to contact me if you would like updates on the success (or lack of it!) of this strategy.

  Once again thank you for your prompt reply, it is greatly appreciated.

   

  Kind regards,

   

  Andy

  TT03

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  robertogozzi

  

  trickytrees03

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