hi gentlemen,
a) how do i screen stocks with PRC_swing teller formula given the fact that the computer recalls the formula and then i cannot give to it a price of a green 9 (peak) or a red 1 (trough)?
b) lets assume that the indicator shows a green 9 (peak). Is it mandatory for the next candle (or after 2-4 candles) to start with a red 1. because i see a lot of space between green and red numbers.
if you dont understand what i m talking about please ask me for further explanations.
Thank you.
Could you please post a link of the indicator you speak about?
i m sorry mr. Nicolas,
i refer to the indicator that you are probably working on “PRC_swing teller-Demark9” sequential, that one which finds swings peak and troughs measuring from 1 to 9.
when i m about to use it the system recalls the call formula of PRC_swing teller and i do not know the syntax to screen 1 or 9.
the indicator:
//Work in progress version
//Nicolas @ www.prorealcode.com
Lb=4
//continue swing Up
if UpCount>0 and Close>Close[Lb] then
DownCount=0
UpCount=UpCount+1
//draw count
if(UpCount=9) then
last9bar=barindex
a=9
for i = 1 to 9
drawtext("#a#",barindex[i],low[i]-averagetruerange[10],Dialog,Standard,12) coloured(0,200,0)
a=a-1
next
//reset count
UpCount=0
endif
endif
//continue swing Down
if DownCount>0 and Close<Close[Lb] then
UpCount=0
DownCount=DownCount+1
//draw count
if(DownCount=9) then
last9bar=barindex
a=9
for i = 1 to 9
drawtext("#a#",barindex[i],high[i]+averagetruerange[10],Dialog,Standard,12) coloured(200,0,0)
a=a-1
next
//reset count
DownCount=0
endif
endif
//begin swing Up
if UpCount=0 and barindex-last9bar>1 then
r = close[Lb]//Max(Max(Close[1], Close[2]), Close[3])
if close>r then
UpCount=1
DownCount=0
endif
endif
//begin swing Down
if DownCount=0 and barindex-last9bar>1 then
r = close[Lb]//Min(Min(Close[1], Close[2]), Close[3])
if close<r then
DownCount=1
UpCount=0
endif
endif
return
thank you.
i m sorry mr. Nicolas. what i saw https://www.prorealcode.com/wp-content/uploads/2018/03/PRC_swing-teller.itf is a swing indicator that it is not live. that’s why it seemed very succesful to me.