Pull back between X% and Y%

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  • #176082 quote
    timmmmmbo
    Participant
    Junior

    Hi all – can you please help… I am wanting to scan for pull backs between min 6% and max 20% of the high of the last 50 days of trading…

    I have alot of other criteria which ensures it is in an up trend – but the pull back criteria is not working

    I tried below with a bit of tinkering but no luck:

    c10 = close<0.94*highest[50](close)    ( i assumed this might be minimum 6% pull back from 50 day highs)
    c11 = close>0.80*highest[50](close)    ( i assumed this might be maximin 20% pull back from 50 day highs)

    Help would be very appreciated thanks

    #176128 quote
    Swingueur
    Participant
    Average

    Hello,

    I would say highest[50](high) instead of highest[50](close).

    Why do you say it doesn’t work? Any errors?

    Fabrice

    timmmmmbo thanked this post
    #176139 quote
    robertogozzi
    Moderator
    Master

    Yes, replace (close) with (high).

    timmmmmbo thanked this post
    #176196 quote
    timmmmmbo
    Participant
    Junior

    Great stuff thanks gents appreciate it

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Pull back between X% and Y%


ProScreener: Market Scanners & Detection

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timmmmmbo @timmmmmbo Participant
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This topic contains 3 replies,
has 3 voices, and was last updated by timmmmmbo
4 years, 6 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 08/24/2021
Status: Active
Attachments: No files
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