Candles in a row

• 10/05/2017 at 12:26 PM #48267
  TraderArun

  Hi,

  Could someome provide me with code that I can use in the ProScreener?

  I would like the screener to find all stocks that have between 5 to 10 green candles in a row

  Thanks

  

  TraderArun

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  10/05/2017 at 1:16 PM #48285
  Nicolas

  Topic moved to ProScreener forum section.

  This code should do the trick:

  count = 0 for i = 0 to 9 do if close[i]>open[i] then count=count+1 endif if close[i]<open[i] then count=0 break endif next test = count>=5 screener[test] (count as "green candles")

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  count = 0 for i = 0 to 9 do if close[i]>open[i] then   count=count+1 endif if close[i]<open[i] then   count=0   break endif next   test = count>=5   screener[test] (count as "green candles")

   

  

  Nicolas

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  10/05/2017 at 1:31 PM #48289
  robertogozzi

  Candles in a row

  IF summation[5](close > open) = 5 THEN ...

  1	IF summation[5](close > open) = 5 THEN ...

  Of course you might want to change the value 5 with one that best suits you.

  Also, you my assign the result to a variable.

  Should you need to check that the green candles need not be consecutive, i.e. 6 out of the last ten:

  IF summation[10](close > open) = 6 THEN ...

  1	IF summation[10](close > open) = 6 THEN ...

  To adapt it to red candles you just need to replace “close >  open” with “open > close”.

  Roberto

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  Nicolas

  

  robertogozzi

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  11/25/2017 at 4:13 AM #53884
  Nobody

  this my version , first we need the consecutive green counter      

  Increase = (Close > Close[1]) Count = 0 WHILE Increase[Count] DO Count = Count + 1 WEND RETURN Count

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  Increase = (Close > Close[1]) Count = 0 WHILE Increase[Count] DO Count = Count + 1 WEND RETURN Count

  then we need the screener 

  //5 t0 10 green candles indicator1 = CALL "CC UP" c1 = (indicator1 >= 5) indicator2 = CALL "CC UP" c2 = (indicator2 <= 10) criteria = CALL "CC UP" SCREENER[c1 AND c2] (criteria AS "CC UP")

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  //5 t0 10 green candles       indicator1 = CALL "CC UP" c1 = (indicator1 >= 5)   indicator2 = CALL "CC UP" c2 = (indicator2 <= 10)   criteria = CALL "CC UP"   SCREENER[c1 AND c2] (criteria AS "CC UP")

  you could make the cl and c2 inputs variables to make scan more versatile as well 

  //5 t0 10 green candles variable a = 5 b = 10 indicator1 = CALL "CC UP" c1 = (indicator1 >= a) indicator2 = CALL "CC UP" c2 = (indicator2 <= b) criteria = CALL "CC UP" SCREENER[c1 AND c2] (criteria AS "CC UP")

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  //5 t0 10 green candles variable   a = 5   b = 10     indicator1 = CALL "CC UP" c1 = (indicator1 >= a)   indicator2 = CALL "CC UP" c2 = (indicator2 <= b)   criteria = CALL "CC UP"   SCREENER[c1 AND c2] (criteria AS "CC UP")

   

  

  Nobody

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  11/25/2017 at 4:18 AM #53885
  Nobody

  TO go a step further you could scan for ‘x’ greencandles lookbacking back 1 and no green candles current bar to find potential reversals  

  

  Nobody

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