Close in upper third of candle screener not working

• 05/01/2019 at 4:55 PM #97479
  Marcel van Vliet

  Hi,

  To complete a screener for one of my strategies I need the code for a (trigger)candle which is closed in the upper third of the candle. This is what I got so far.

  Close in upper third of the candle

  Trigger = high- low/3 Condition = Close > Trigger*2

  1 2	Trigger = high- low/3 Condition = Close > Trigger*2

  I don’t know if I am on the right track, because the code seems not to work.

  Maybe the ‘old friends’ #robertogozzi #GraHal or #Nicolas, who helped me out before, will take a look at this?

  Thank you

  

  Marcel van Vliet

  Participant

  Topics: 62

  Replies: 98

  Been thanked: 7 times
  05/01/2019 at 6:16 PM #97481
  robertogozzi

  Line 2 should read:

  Condition = Close > (low + (Trigger*2))

  1	Condition = Close > (low + (Trigger*2))

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17131

  Been thanked: 4030 times
  05/01/2019 at 7:06 PM #97482
  Vonasi

  Marcel – Please try to use topic titles that describe your topic. I have changed the title from ‘Help to complete a screener’ to something more meaningful. 🙂

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1811 times
  05/03/2019 at 7:36 AM #97594
  Marcel van Vliet

  Hi Roberto,

  Unfotunately the condition seems not to work. Could it be order in the conditions (this is c5) or maybe the use of the CandleVolume chart type?

  Thank you.

   

  Best regards,

  Marcel van Vliet

  

  Marcel van Vliet

  Participant

  Topics: 62

  Replies: 98

  Been thanked: 7 times
  05/03/2019 at 7:57 AM #97595
  robertogozzi

  It’s line 1, which I did not check, doing the wrong math, becuse it first divides LOW by 3, then subtracts the result from high, which is wrong. replace it with one of these:

  Trigger = (high - low) / 3 Trigger = range / 3

  1 2	Trigger = (high - low) / 3 Trigger = range / 3

  You can also add this indicator to easily spot candles that meet your criteria:

  Trigger = range / 3 Condition = Close > (low + (Trigger * 2)) RETURN Condition

  1 2 3

  Trigger   = range / 3 Condition = Close > (low + (Trigger * 2)) RETURN Condition

   

  1 user thanked author for this post.

  Marcel van Vliet

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17131

  Been thanked: 4030 times
  05/03/2019 at 10:57 AM #97604
  Vonasi

  You could also try using true range which would then avoid any gaps in price. This might return some interesting results.

  Trigger = TR / 3

  1	Trigger = TR / 3

   

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1811 times
• Author
  Posts