Scanner/Program when Price approaching certain indicator value

• 01/13/2021 at 10:57 PM #157727
  ashehzi

  Hi all,

  Assuming I’ve an indicator/script which when runs on a list of stocks/indices/fx returns e.g. buy-level, sell-level.. This is fine as can be done using a PRT Scanner.

  Now I want to know when price touches that dynamic buy-level, sell-level. You would say put an alert. Putting an alert on each stock/index is tedious process.

  But is there a way like scanner that I pass the list of stocks and an indicator, it then prompts/alerts/shows on screen (like proscanner) that price has approached that level.

  Is it possible?

  Thanks.

  Ash.

  

  ashehzi

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  01/14/2021 at 8:46 AM #157742
  PeterSt

  Ash, I would attempt something like this :

  Criteria = BuySellDistance // You determine what this is and why. Say the higher the number, the better the chance. SCREENER(Criteria as "Sort") // Highest = Best on top, or whatever you want.

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  Criteria = BuySellDistance     // You determine what this is and why. Say the higher the number, the better the chance.   SCREENER(Criteria as "Sort")   // Highest = Best on top, or whatever you want.

  But is there a way like scanner that I pass the list of stocks and an indicator

  Both I did not incorporate because

  a. The list of stocks is just something you can select (see attachment – find under the wrench in the title bar of the Proscreener result) – Is that what you mean ?
  b. No idea what you’d mean by an Indicator.

  Ad b.: We would like to pass a variable as how it can be done with an Indicator but this is not possible. Thus use some changeable variables in the Screener Code itself.

  Now the question : do you understand what I mean with my idea above ? (I tried to be brief)

  Peter

   

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  Nicolas

  

  PeterSt

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  01/14/2021 at 8:59 AM #157748
  Nicolas

  Here is a code snippet to scan price proximity with a SMA200, you can adapt it to your own needs:

  percent = 3 //percentage proximity ratio = close/average[200] percent = percent/100 test = ratio>=1-percent and ratio<=1+percent screener[test](ratio)

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  percent = 3 //percentage proximity ratio = close/average[200] percent = percent/100 test = ratio>=1-percent and ratio<=1+percent     screener[test](ratio)

   

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  ashehzi

  

  Nicolas

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  01/14/2021 at 12:17 PM #157802
  GraHal

  Above added as Log 268 to here …

  Snippet Link Library

  

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  01/14/2021 at 3:43 PM #157833
  ashehzi

  Thanks Nic.

  I tried something similar in the past (now I remember 🙂 ) e.g. price within 1-2% of VWMA13.

  I will try with the other indicators I’ve in mind and will let you know. Thanks again. The theme is indeed like below:

  buyprice, sell price = Call Indicator

  If price within certain limit (%age, or value) of above, show up.

   

  

  ashehzi

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  01/14/2021 at 3:44 PM #157834
  ashehzi

  GraHal wrote:

  Above added as Log 268 to here …

  Snippet Link Library

  Thanks.

  

  ashehzi

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