Simple breakout screener issues

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • 12/06/2020 at 5:11 AM #152700 quote
    Huebert
    Participant
    New

    Hi there

    I’m attempting to write a weekly break up screener based on the following criteria but I’m not seeing the desired outcome with the breakout criteria – e.g I’m seeing results with the current candle below the previous candle

    What am I doing wrong?

    • Break out to new 20 week highs – breaking up ideally from consolidation from the previous 20 bars
    • Rate of change above 30
    • Price range between $.10 and $5

    Here is my code

    c1 = highest[21](close) [1]
c2 = close > c1 [1]
c3 = ROC[20] > 30
c4 = close >= 0.10 AND close <= 5
c5 = close >= open

 
screener[c1 and c2 and c3 and c4 and c5]
      Thanks!
    12/06/2020 at 11:04 AM #152722 quote
    robertogozzi
    Moderator
    Master
    Try with this line 2: 
    close > c1
    line 1 already references the previous bar, thus in your code you refer to the one preceding the previous one.
  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.

Simple breakout screener issues


ProScreener: Market Scanners & Detection

New Reply
Author
author-avatar
Huebert @numlock Participant
Summary

This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
5 years, 3 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 12/06/2020
Status: Active
Attachments: No files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™