Trend Intensity Indicator

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Viewing 15 posts - 31 through 45 (of 50 total)
  • #171222

    Thank you so much for your kind help. It’s working fine:
    c1 = close/lowest[252] >=1.8
    c2 = Lowest[3](Volume) >= 100000
    c3 = close > .50
    MyRange = Range
    c4 = close >= (close[1] * 0.99)
    c5 = close <= (close[1] * 1.01) Calcul = (MyRange / MyRange[1] - 1) * 100 x = c1 and c2 and c3 and c4 and c5 and Calcul SCREENER[x]

    #171804

    I am trying to create a scan like IBD Style Relative Strength. The criteria is as follows – 2*(close/close[63]) + close/close[126] + close/close[189] + close/close[252]

    I have written following code. Is it possible to capture the results data value in rank (from 1 to 100).

    c1 = 2*(close/close[63])
    c2 = close/close[126]
    c3 = close/close[189]
    c4 = close/close[252]
    c5 = Lowest[3](Volume) >= 100000
    c6 = (close >= 1)
    SCREENER[c1 and c2 and c3 and c4 and c5 and c6]

    #171805

    It’s:

    c1 is the criterium, c2 and c3 are the filtering conditions.

    But it’s not much clear what you want to achieve.

    #171822

    C1 Criteria has created an extra column as part of results where it’s giving ratings from 1 to 100 based on that criteria.

    It’s working fine. Thanks.

    #171930

    I need to scan for the 1 or 2% of stocks that are up the most over these 3 timeframes – 1-month, 3-months, 6-months.

    I have written following code. Please advise if this criteria is correct. Thanks.

    c1 = (Close/Close[22] >= 2) or (Close/Close[66] >= 2) or (Close/Close[126] >= 2)
    c2 = Lowest[3](Volume) >= 100000
    c3 = Close >=1
    x = c1 and c2 and c3
    SCREENER[x]

    #171946

    It’s correct if you add the percentages.

    Why do you use “> 2″ and ” > 1″?  are they prices or percentages?

    You wrote them as price constants.

     

     

     

    #171967

    (Close/Close[22] >= 2) means show all the stocks which are up 100% in last one month
    (Close/Close[66] >= 2) means show all the stocks which are up 100% in last three months
    (Close/Close[126] >= 2) means show all the stocks which are up 100% in last six months

    c3 = Close >=1 means show all the stocks more than One dollar

    is this correct?

    or

    How to add percentages?

    #171968

    Ok, I got it now.

    It’s perfect!

     

    #172259

    I need to create a scan for percent gainer in last one month. I have written following code. Kindly check if this is correct. Thanks.

    c1 = Close * Volume/100 >= 100000
    //ADR % more than 2.4% in last 20 Days
    c2 = 100*((High[0]/Low[0] + High[1]/Low[1]+ High[2]/Low[2]+ High[3]/Low[3]+ High[4]/Low[4]+ High[5]/Low[5]+ High[6]/Low[6]+ High[7]/Low[7]+ High[8]/Low[8]+ High[9]/Low[9]+ High[10]/Low[10]+ High[11]/Low[11]+ High[12]/Low[12]+ High[13]/Low[13]+ High[14]/Low[14]+ High[15]/Low[15]+ High[16]/Low[16]+ High[17]/Low[17]+ High[18]/Low[18]+ High[19]/Low[19])/20-1) >= 2.4
    c3 = Close/ Lowest[22]
    x = c1 and c2 and c3
    SCREENER[x]

    #172277

    It seems correct. Line 3 could be shortened this way:

    Summation will sum up  the condition (High / Low) for all bars from the current one (which is [0]) to the twentieth one (which is [19])

    I think you should divide by 20, instead of 20-1, because 0 TO 19 is 20 bars.

     

    #172305

    It work like a magic.
    But I am facing one more challenge. The line 3 in this scan is for one month (c3 = Close/ Lowest[22]) criteria. I need to create same scan for 3 months and 6 months as well. For that I have updated the line 3 for 3 months as (c3 = Close/ Lowest[65]) and for 6 months as (c3 = Close/ Lowest[130]). All the three scans (1 month, 3 months, 6 months) give the same number of stocks. I am not able to understand that why I am getting the same stocks in result for 1 month, 3 months and 6 months even though I am changing the criteria??? Could you please help in this?

    c1 = Close * Volume/100 >= 100000
    c2 = 100 * (summation[20](High / Low) / 20-1) >= 2.4
    c3 = Close/ Lowest[22]
    x = c1 and c2 and c3
    SCREENER[x]

    #172306

    Because C3 will always be assigned a logically true value (actually I did not notice it earlier this morning).

    Any result other than 0, be it negative or positive, is considered TRUE, so despite the periods you may set, the logical value will never change.

    You should assign C3 the result of a comparison, like you’ve done for C2 with 2.4.

    #172310

    How can I do that?
    is this following formula ok?
    c2 = Close / Lowest[22] >=1.1
    Does this mean it is showing all stocks which are up 110% in last one month?

    #172313

    Yes, perfect!

    Then changing periods will affect results.

     

    #172378

    Great. That’s working perfect now.

    You have shared with me following formula in past to check the range:
    MyRange = Range
    c4 = close >= (close[1] * 0.99)
    c5 = close <= (close[1] * 1.01) Calcul = (MyRange / MyRange[1] - 1) * 100 How can I update the formula to reflect following condition – Today’s Range % vs ADR > 0.55

Viewing 15 posts - 31 through 45 (of 50 total)

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