How To Have Multi Timeframes In 1 Scan?

Forums › ProRealTime English forum › ProScreener support › How To Have Multi Timeframes In 1 Scan?

Viewing 15 posts - 1 through 15 (of 17 total)
1 2
  • 12/23/2017 at 7:18 PM #56452
    nealhart

    How To Have Multi Time frames In 1 single scan and for buys and sells?

    How to make?

    Thanks.

    12/23/2017 at 7:59 PM #56456
    nealhart

    This is the code I’m trying to use to display  a daily,4hr, 60m and 15m all in one scan but I get errors

    indicator1 = Average[1](Stochastic[3,1](close))
    c1 = (indicator1 < 28)

    indicator2 = MACDline[12,26,8](close)
    c2 = (indicator2 > 0)
    TIMEFRAME(daily)
    TIMEFRAME(480 minutes)
    TIMEFRAME(60 minutes)
    TIMEFRAME(15 minutes)

    SCREENER[c1 AND c2] (Variation AS “%Chg prev bar”)

    12/23/2017 at 10:18 PM #56461
    robertogozzi

    To write code, please use the <> “insert PRT code” button. Thank you.

    The output will be more readable.

    Roberto

    12/23/2017 at 10:35 PM #56463
    robertogozzi

    If you want to display a scan ONLY when all conditions are met in all timeframes you will have to write

    1 user thanked author for this post.
    avatar GraHal
    12/23/2017 at 10:39 PM #56464
    robertogozzi

    If you want to display a scan for all timeframes, only when both conditions are met in any TF, you will have to replace line 27 with

     

    2 users thanked author for this post.
    avatar GraHal, avatar Nobody
    12/24/2017 at 9:33 PM #56513
    nealhart

    Hi, thanks very much for this info. I added the formulas.

    Is there a way to display what separate time frame has setup up and met my criteria?

    At the moment there seems no way of telling if for example the criteria has happened on say a 15m timeframe or any other?

    For example, is there a column on the proscreener that can be added to show what individual timeframe

    Thanks again.

    12/26/2017 at 1:53 PM #56556
    Nicolas

    If you don’t want to compile conditions on all timeframes at the same time, why do you want to make a multitimeframe screener?

    If you only need to get signals for each of the timeframe, just make 4 different screeners and let them run together at the same time, you’ll get 4 different signals this way.

    12/26/2017 at 10:56 PM #56591
    nealhart

    Hi, so to explain a bit further. I don’t want for a scan to activate only if all of the time frames agree, as I don’t think I would ever get a signal.

    Is it only possible to have 1 proscreener displaying at the same time? I don’t know how I would be able to have different screeners on display at the one time on my screen?

    What I thought may be possible would be to have all my timeframes that set up for a buy on the screeners, that could display the timeframe such as 15min, 60min, 480m, Daily?

    Or should I only just manually run each time frame screener? For example on 15m I would need to run the screener each 15m to see if there is indeed a setup?

    Thanks again

    12/27/2017 at 12:57 AM #56596
    robertogozzi

    This version will return:

    • 24 when conditions are met on the Daily chart
    •   4 when conditions are met on the 4-hour chart
    •  1  when conditions are met on the 1-hour chart
    • 15 when conditions are met on the 15-minute chart

    In case conditions are met in more then one TF, it will return the sum of any of the above (19 will tell you the scan was successful in TFs 15 + 4).

     

    1 user thanked author for this post.
    avatar Nicolas
    12/27/2017 at 1:13 AM #56597
    robertogozzi

    Another improvement could be to multiply all hour based TFs by 100

    In this case a successful scan on the Daily chart would return 2400 (2500 if also on the 1-hour chart) and 2515 for Daily+1-hour+15 minutes.

     

    01/16/2018 at 3:11 AM #59609
    nealhart

    Hi the scan criteria works great now thanks for all your help.

    I still can’t get the “all in one” screener to work and display properly on the multiple timeframes though.

    To explain further… I hope it make sense 🙂

    To scan each separate time frame for my criteria..  Weekly, Daily, 4 Hr, 60 Min, 15 Min and 5 Min.

    I need to scan my criteria the following timescales and the codes (so I can recognize from the screener window what timeframe has setup)… Weekly  code (7) or (W),  Daily (1) or (D), 4 Hourly (480), 60 Mins ( 60) 15Mins ( 15) and 5 min (5)

    Also can the display code also be added for buy and sell setups. For example -7 for sell +7 for buy code?

    Many thanks in advance

    01/16/2018 at 10:53 AM #59629
    robertogozzi

    As from my post on 12/27/2017 at 12:57 AM, the addition gives you detailed info about the TFs, despite not telling from Bullish and Bearish  data.

    To accomplist that we would need a STRING (alphanumeric variable), but we can work it around using a number. Say you need to scan 7 TFs, we can arrange a number starting with 9 (to avoid losing leading 0’s) 90000000 followed by seven 0’s. We can replace them with 1’s if bullish and 2 if bearish.

    Say we want                   Weekly Daily   4h      1h    15m     5m

    we can set                   9      0          0         0       0        0         0       initially

    then it may become  9      1           1          1       2         2         1       where  1=bullish   2=bearish

    You’ll see on the screener box 9111221, that’s the best I can think of. If you agree, I’ll write that.

     

    01/16/2018 at 9:19 PM #59679
    nealhart

    Hi Roberto, I really appreciate your help on this.

    I think to make it more simple better to just go for 4 timeframes….The Weekly, Daily, 4 Hourly and 1 Hour.

    I know another company uses codes (7) for 7 days. (1) ( for daily) ( 240) for 4 hours and (60) for 1 hour and they just add a (-)  minus  to identify any sell signals.

    If you can copy that formula it would be great, however, if you prefer another way just do that and I will use your codes.

    Regarding the previous codes, I tried to add this into the screener but I got syntax errors.

    If you can let me know to copy and paste the exact and full codes please once you have the timeframe formula?

    Many thanks again.

    01/17/2018 at 10:40 AM #59697
    robertogozzi

    nealhart, I understand perfectly what you mean, BUT Screener can only return ONE number, so if multiple conditions are met in different TFs, each number will override the previous one. If you need just one value at each scan just tell me your priority (1 = most important), in the example below the Weekly TF will override all the others if conditions are met:

    1. weekly (will return 7 or -7)
    2. daily (will return 1 or -1)
    3. 4 hours (will return 240 or -240)
    4. 1 hour (will return 60 or -60)

    Also, to be able to set negative values you should tell me what is the SELL condition.

    01/18/2018 at 7:25 PM #59834
    GraHal

    Wow! … very innovative ideas Roberto, I’ll mark this one a Favourite for when I need to use your code above!

    I also look forward to the full Screener on here.

    Thank You
    GraHal

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 17 total)
1 2

Find exclusive trading pro-tools on ProRealCode Marketplace

Similar topics:
“multi time frame macd divergences” screener
adaptive average in higher timeframes
display indicators only on some timeframes
how to use the same variable in different timeframes
multi target and stop orders
multi targets/stops with a us broker?
multi time frame candle
multi timeframe question
multi tool for day traders
programming for multiple timeframes

Create your free account now and post your request to benefit from the help of the community
Register or Login