Candlestick reference

• 03/28/2017 at 10:20 PM #30185
  robertogozzi

  Screener can be run while a bar is being built, so when I refer to CLOSE[0] it is the current price (the one that would be considered CLOSE at execution time) or is ALWAYS a reference to the previous BAR closed BEFORE the current one?

  Example:

  x = 0 IF close[0] > close[1] THEN x = 1 ENDIF RETURN x

  1 2 3 4 5

  x = 0 IF close[0] > close[1] THEN    x = 1 ENDIF RETURN x

  is either:

  a)  the previous closed BAR compared to the second previous closed BAR;

  or

  b)  the current (not yet closed) BAR compared to the previous closed BAR?

  Thank you.

   

  

  robertogozzi

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  03/28/2017 at 10:57 PM #30186
  GraHal

  Hi Robert

  It’s b), but at any instant of a bar the price is Close(0) so if the instantaneous / current price > Close(1) (previous bar Close) then the Screener will pull as meeting criteria.

  Good question, glad you asked!

  Btw you need below (in place of return x) to make a Screener.

  Screener [x]

  1	Screener  [x]

  Cheers
  GraHal

   

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  GraHal

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