Understanding Barindex constant

• 03/24/2021 at 11:04 AM #165142
  qigley

  // BARINDEX : Return the number of bars since the beginning of data loaded if barindex < 2 then SCREENER [close] (barindex as "Bar Count") endif

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  // BARINDEX : Return the number of bars since the beginning of data loaded   if barindex < 2 then SCREENER [close] (barindex as  "Bar Count") endif

  I have live data for the ASX (Australian market..)

  I am trying to scan for an  IPO that listed today code “ART”. That means on a daily timeframe, there should be one bar of data. I have checked and there is one bar of data.

  I would have thought the above code would have picked it up, but it doesnt.  Why hasn’t it ?

  The scan returned 4 results. (attached)  I expected to see no more than 2 bars, but 1, 2,3 and 4 bars were returned.

  It seems I have misunderstood barindex. Can someone help? Thanks.

  

  qigley

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  03/24/2021 at 1:08 PM #165163
  Nicolas

  Something like this should work:

  SCREENER [barindex<2] (barindex as "Bar Count")

  1	SCREENER [barindex<2] (barindex as  "Bar Count")

   

  

  Nicolas

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  03/24/2021 at 9:39 PM #165240
  qigley

  Hi Nicolas,

  No it didnt work, the result was exaclty the same as mine.

  It is interesting to note that ERTH & VLUE return a barcount of 1, when the charts returned show 3 bars each. Similarly,  FRB & HYGG return a barcount of 0, when the charts returned show 4 & 1 bars respectively.

  I take it when barindex = 0, there should be just one bar of data.

  

  qigley

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