Screener = Close lowest 10% of bar

Viewing 4 posts - 1 through 4 (of 4 total)

Author

Posts
12/10/2020 at 5:41 PM #153254 quote

Mangeg69
Participant

New

Hi, I need some help in creating a screener with the following criterias:

Criteria1: Close in the lowest 10% of todays range (high-low)

Criteria2: RSI < 10

Then I would like to Back Test this strategi with:

BUY: when Criteria 1 and Criteria2

Criteria3: RSI >70

SELL when Criteria3

How do I do?

Many thanks in advance!

Magnus

12/10/2020 at 6:21 PM #153260 quote
robertogozzi
Moderator

Master
There you go:
```
// Screener
//
c1 = close <= (Dlow(0) + ((Dhigh(0) - Dlow(0) * 0.1))  //close <= 10% of today's range
c2 = rsi[14](close) < 10
SCREENER[c1 AND c3]
```
```
// Strategy
//
c1 = close <= (Dlow(0) + ((Dhigh(0) - Dlow(0) * 0.1))  //close <= 10% of today's range
c2 = rsi[14](close) < 10
c3 = rsi[14](close) > 70
IF c1 AND c2 AND Not OnMarket THEN
   BUY 1 Contract at Market
ENDIF
IF c3 AND LongOnMarket THEN
   SELL AT Market
ENDIF
```
12/10/2020 at 6:57 PM #153266 quote

Mangeg69
Participant

New

Thank you so much 🙂

This has spared me a lot of gray hair and frustration.

Rgds, Magnus

12/10/2020 at 7:18 PM #153268 quote
robertogozzi
Moderator

Master
Sorry, my fault, line 5 of the screener should read (c2, not c3):
```
SCREENER[c1 AND c2]
```
Author

Posts

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic.

Login your account

Screener = Close lowest 10% of bar

ProScreener: Market Scanners & Detection

New Reply

Author

Mangeg69 @mangeg69 Participant

Summary

This topic contains 3 replies,
has 2 voices, and was last updated by robertogozzi
5 years, 3 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	12/10/2020
Status:	Active
Attachments:	No files

Loading...