screening and info on swing teller-Demark9

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  • #182382 quote
    gnellas77gnellas77
    Participant
    Average

    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.

    #182463 quote
    NicolasNicolas
    Keymaster
    Legend

    Could you please post a link of the indicator you speak about?

    #182513 quote
    gnellas77gnellas77
    Participant
    Average

    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.

    #182818 quote
    gnellas77gnellas77
    Participant
    Average

    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.

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screening and info on swing teller-Demark9


ProScreener: Market Scanners & Detection

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gnellas77 @gnellas77 Participant
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This topic contains 3 replies,
has 2 voices, and was last updated by gnellas77gnellas77
4 years, 9 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 11/27/2021
Status: Active
Attachments: No files
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