Weekly Scan SetUp

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12/24/2018 at 7:32 AM #87614 quote

Gunyah
Participant

New

Hi

I am trying to convert this line of code into ProReal Time

The code finds the Highest High Value for the past 15 weeks or days has a moving Av of 90 Exp. and a close greater than open with a big white candle.

set_up:= C>Ref (HHV(C, 15), -1 AND C> Mov( C, 90 E) AND C>O AND C-O > 1.2*Mov (ref(ABS(C-O),-1). 10 S);

set_up

Thanks for any help

Neville

12/24/2018 at 11:55 AM #87619 quote
robertogozzi
Moderator

Master
There you go, you can chenge all constants to whatever suits you best:
```
HighestValue     = (high = highest[15](high))
AverageCondition = close > average[90,1](close)     //0=sma, 1=ema, 2=wma,....)
Bullish          = close > open
Body             = abs(close - open)
BigCandle        = Body >= (50 * pipsize)           //Big Candle is when its body is >= 50 (or whatever else) pips
//BigCandle      = Body >= (range * 0.8)            //Big Candle is when its body is >= 80% (or whatever else) of its range
Result           = HighestValue AND AverageCondition AND Bullish AND BigCandle
RETURN Result
```
line 6 is an alternative to line 5, in case you want to define a big candle not compared to the number of pips it has moved, but to its range (in such a case even a small candle can appear as a big one if it has short wicks).
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Weekly Scan SetUp

ProBuilder: Indicators & Custom Tools

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Gunyah @gunyah Participant

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This topic contains 1 reply,
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7 years, 1 month ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	12/24/2018
Status:	Active
Attachments:	No files

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