Trend scanner – within 30% of 3 year highs condition

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
06/19/2023 at 10:08 AM #216457 quote

timmmmmbo
Participant

Junior

Hi all I am wondering if you can please assist me, I am running the below scans – however I am wanting to ensure the results are within ‘30% of the 150 week highs’… I have mucked around and come up with the below scan including condition of:

TIMEFRAME (WEEKLY)
c9 = close/highest[150](high)>0.7 and close/highest[150](high)<1

But it seems to be resulting a few stocks that are 40%+ from their 3 year highs…. can you anyone please offer advise? The main aim is trending stocks, within 30% of 3 year highs…

The full scan I run is below: thanks in advance

_________________________________________________________________

//TIMMMMMBOS

ma50=exponentialaverage[50]
ma150=exponentialaverage[150]
ma200=exponentialaverage[200]
indicator3 = Average[40](Volume)

c1 = Close > exponentialaverage[50]
c2 = ma50>ma150
c3 = ma150>ma200
c4 = summation[20](ma200>ma200[1])=20
c5 = Close/lowest[250](low)>1.3
C6 = (close > 2)
C7 = (close < 10)
C8 = (indicator3 > 50000)

TIMEFRAME (WEEKLY)
c9 = close/highest[150](high)>0.7 and close/highest[150](high)<1

TrendTemplate = c1 and c2 and c3 and c4 and c5 and c6 and c7 and c8 and c9

screener[TrendTemplate]

06/19/2023 at 12:28 PM #216468 quote

JS
Participant

Master

Hi,

The history of a screener is limited to 256 bars (Premium version 1024 bars)

Exponential averages use more history than the specified time period, so a problem may arise here…

In the premium version of PRT, the screener seems to work well…

timmmmmbo thanked this post

06/20/2023 at 1:10 AM #216495 quote

timmmmmbo
Participant

Junior

Thanks for response, I thought by changing time frame to ‘weekly’ it would work as only 150 weeks? as I was aware around 250 was the maximum bars ‘TIMEFRAME (WEEKLY) c9 = close/highest[150](high)>0.7 and close/highest[150](high)<1′
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

New

Stuck on this ProBuilder code?

Describe what this topic is trying to build, in plain English, and ProRealAI writes the ProRealTime™ indicator, screener or system for you.

Available in 7 languages

Try ProRealAI

Trend scanner – within 30% of 3 year highs condition

ProScreener: Market Scanners & Detection

New Reply

Author

timmmmmbo @timmmmmbo Participant

Summary

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

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	06/19/2023
Status:	Active
Attachments:	No files