Hi all,
Good to see there is this community here.
I would like to request help for a ProScreener program code for the following Screener with Alert. I wonder if anyone can help. I am not familiar with ProScreener coding. Thank you so much in advance.
Note: 1 period = 1 candlestick of the time frame.
VWAP line colour = light pink or purple
(A) Request for VWAP Crossing Screener for Intraday Trade – Short position
Applicable for 1min, 5min, 15mn, 1 hour charts.
Signal Alert for Short Entry when the following criteria are met:
1. Price cross and close below VWAP.
2. RSI 14 periods cross below 49.8%.
3. Price cross below Simple Moving Average 8 periods.
4. Volume is above Simple Moving Average 60 periods
(B) Request for VWAP Crossing Screener for Intraday Trade = Long position
Applicable for 1min, 5min, 15mn, 1 hour charts.
Signal Alert for Long Entry when the following criteria are met:
1. Price cross above VWAP.
2. RSI 14 periods cross above 50.2%.
3. Price cross above Simple Moving Average 8 periods.
4. Volume is above Simple Moving Average 60 periods
Also if we can have the option to add this condition to both request (A) and (B) above: ATR is 1.5x the 10 periods average ATR.
Edited requirements:
15m Chart must satisfied and to take precedence before screen for 5m and 1m for tighter position entry and stop loss entry.
Sell
(1) Price cross under VWAP(Daily)
(2) Price < MA8
(3) RSI (26) < 49.8
(4) Volume = or > MA5
Buy
(1) Price cross above VWAP(Daily)
(2) Price > MA8
(3) RSI (26) > 50.2
(4) Volume = or > MA5
This is the screener you are looking for:
d = max(1, intradaybarindex)
VWAP = SUMMATION[d](volume*typicalprice)/SUMMATION[d](volume)
mRSI = rsi[26]
ma8 = average[8]
mavol = average[5](volume)
//buy conditions
bc1 = close crosses over vwap
bc2 = close>ma8
bc3 = mrsi>50.2
bc4 = volume>=mavol
//sell conditions
sc1 = close crosses under vwap
sc2 = close<ma8
sc3 = mrsi<49.8
sc4 = volume>=mavol
test = (bc1 and bc2 and bc3 and bc4) or (sc1 and sc2 and sc3 and sc4)
screener[test]
Works as expected, VWAP is the intraday daily one.
