WeeklyRevsDownside Screener

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    Posts
  • 11/27/2016 at 1:19 PM #17307 quote
    bikistrats
    Participant
    Junior

    Good Morning

    I have a list of patterns I search for daily for the stocks and Indices I trade but thinking if I could program a screener on PRT to do this I could search for many more very quickly Im trying to have a go at learning how to do this myself at the moment

    How hard is this pattern to do for example for a screener on PRT ?

    http://thepatternsite.com/WeeklyRevsDownside.html

    Look forward to your replys

    Have a great day

    11/27/2016 at 2:58 PM #17314 quote
    GraHal
    Participant
    Master

    Hi Kaj

    Too much for me to do from scratch, but below might get you thinking along similar lines?

    Bar Count Reversals (Pivot Points High/Low)

    Cheers

    GraHal

    11/28/2016 at 6:42 AM #17337 quote
    bikistrats
    Participant
    Junior

    is this easier to do ?

    http://thepatternsite.com/OCRU.html

    11/28/2016 at 10:11 AM #17341 quote
    Nicolas
    Keymaster
    Master

    The first pattern you mention is an “inside day” applied to a weekly chart, the code for this pattern should be:

    insideday = low[1]>low and high[1]<high

screener [insideday]

    About the other pattern, the conditions are described as:

    Open-Close Reversal, Uptrend, Identification Guidelines

    Characteristic Discussion
    1 bar The pattern is composed of one bar but it references the close of the first bar.
    Uptrend Look for the pattern in a short-term up trend.
    Open The open must be within 25% of the intraday high.
    Close The close must be within 25% of the intraday low, but also be above the prior day’s close.

    Here is the screener code for PRT:

    //The open must be within 25% of the intraday high.
c1 = (High-Open)/range<0.25
//The close must be within 25% of the intraday low, but also be above the prior day's close.
c2 = (Close-Low)/range<0.25 and Close>Close[1]

SCREENER [c1 and c2]
    11/28/2016 at 12:14 PM #17354 quote
    GraHal
    Participant
    Master

    Thank You to Nicolas and Apologies to Kaj … I was reading too much into it!

    I glanced at the pattern on patternsite.com and thought you wanted the ‘insideday candle’ where it appeared after an up trend.

    Thinking about it now, that would be easy anyway as you could include sort criteria as % gain over x days / x weeks.

    11/28/2016 at 1:14 PM #17362 quote
    GraHal
    Participant
    Master

    Or how about …

    insideday = low[1]>low and high[1]<high

    C1 = ADX[14] > 30

    C2 = ADX[14]

    Screener [insideday and C1] (C2 as “ADX[14)”)

    >>>>>>>>>>>>>>>>>>>

    (Insert PRT Code button is missing??)

    Change the value of C1 = ADX[14] > 30 to > 40, > 50 etc to filter for  a stronger trend.

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WeeklyRevsDownside Screener


ProScreener: Market Scanners & Detection

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bikistrats @kajsy88 Participant
Summary

This topic contains 5 replies,
has 3 voices, and was last updated by GraHal
9 years, 3 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 11/27/2016
Status: Active
Attachments: No files
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