Donchian Daytrading Screener

• 10/10/2017 at 3:20 PM #48932
  Marcel van Vliet

  Hi, I have tried to create a screener which detect the first body of a candle above or below the Donchian(8) channel on the H1 timeframe.

  This is what if have so far. The screener came up with 45 hits but does not seems to regonize the parameters.

  Anybody any idea how to fix this (simple) screener?

  Donchian Daytrading Screener

  // Donchian Daytrading Screener //datum 11/10/2017 versie 1.0 ind=Donchian[8] body=close-open C1=body>Donchian[8] C2=body<Donchian[8] SCREENER (C1 or C2)

  1 2 3 4 5 6 7 8 9 10

  // Donchian Daytrading Screener //datum 11/10/2017 versie 1.0   ind=Donchian[8] body=close-open   C1=body>Donchian[8] C2=body<Donchian[8]   SCREENER (C1 or C2)

   

  

  Marcel van Vliet

  Participant

  Topics: 62

  Replies: 98

  Been thanked: 7 times
  10/10/2017 at 4:45 PM #48957
  Nicolas

  “Donchian” is not a ProScreener instruction, you have to build yourself the upper and lower Donchian channel lines. Comparing your “body” variable (which is a difference of 2 prices in points) with the Donchian channels in price value, lead to nothing 🙂

  ..and SCREENER conditions must be in brackets, not in parenthesis.

  First below or first above is not possible, because if you are above you are the new Donchian upper line and vice-versa if you are below, so we are comparing with the previous period of each of the channel line.

  //donchian channels 8 periods hh = highest[8](high) ll = lowest[8](low) //first above? above = open>hh[1] and close>hh[1] and open[1]<hh[2] and close[1]<hh[2] //first below? below = open<ll[1] and close<ll[1] and open[1]>ll[2] and close[1]>ll[2] screener[above or below]

  1 2 3 4 5 6 7 8 9 10 11 12

  //donchian channels 8 periods hh = highest[8](high) ll = lowest[8](low)   //first above? above = open>hh[1] and close>hh[1] and open[1]<hh[2] and close[1]<hh[2]   //first below? below = open<ll[1] and close<ll[1] and open[1]>ll[2] and close[1]>ll[2]     screener[above or below]

   

  1 user thanked author for this post.

  Marcel van Vliet

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
• Author
  Posts