ProScreener triggers signal too late

• 06/09/2017 at 8:33 PM #37922
  SAcht

  Dear all,

  I have got a problem with ProScreener and I have spent a lot of time on fixing it. However, I was not successful, so you are basically my last hope 😉

  Unfortuately, ProScreener does not seem to only list values that fulfill my defined criterion on weekly basis.

  This is the code (it is based on Nicholas’ MBFX timing indicator, which you can find in the library):

  ProScreener

  //PRC_MBFX Timing | indicator //25.04.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //translated from Pinescript indicator code //---Settings showHLC=1 //boolean variable //Range1=4 //Range2=8 //---End of settings middle = (((high + low) / 2) + ((high[1] + low[1]) / 2) + ((high[2] + low[2]) / 2) + ((high[3] + low[3]) / 2) + ((high[4] + low[4]) / 2)) / 5 scale = (((high - low) + (high[1] - low[1]) + (high[2] - low[2]) + (high[3] - low[3]) + (high[4] - low[4])) / 5) * 0.2 hh = (high - middle) / scale l = (low - middle) / scale c = (close - middle) / scale if showHLC then ht=average[1]((hh+l+c)/3) else ht=c endif indicator1 = ht c1 = (indicator1 CROSSES OVER 0) SCREENER[c1] ((close/DClose(1)-1)*100 AS "% Gestern")

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  //PRC_MBFX Timing | indicator //25.04.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge //translated from Pinescript indicator code   //---Settings showHLC=1 //boolean variable //Range1=4 //Range2=8 //---End of settings middle = (((high + low) / 2) + ((high[1] + low[1]) / 2) + ((high[2] + low[2]) / 2) + ((high[3] + low[3]) / 2) + ((high[4] + low[4]) / 2)) / 5 scale = (((high - low) + (high[1] - low[1]) + (high[2] - low[2]) + (high[3] - low[3]) + (high[4] - low[4])) / 5) * 0.2 hh = (high - middle) / scale l = (low - middle) / scale c = (close - middle) / scale if showHLC then ht=average[1]((hh+l+c)/3) else ht=c endif   indicator1 = ht c1 = (indicator1 CROSSES OVER 0)     SCREENER[c1] ((close/DClose(1)-1)*100 AS "% Gestern")

  The goal is to come up with stocks for which the MBFX value (ht) just crosses over the value 0, on weekly level.
  However, when I just run this ProScreener on the German XETRA, one of the listed stocks is Lanxess (see enclosed picture)

  Apparently, this stock has triggered the signal last week, not this one. Consequently, the trigger comes too late.

  Do you have any idea how to fix this? Otherwise, ProScreener is not useful at all for my trading strategy…

  

  SAcht

  Participant

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  06/09/2017 at 8:55 PM #37924
  Nicolas

  Do you have subscription to live data for this particular share?

  

  Nicolas

  Keymaster

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  06/09/2017 at 9:14 PM #37925
  SAcht

  Unfortunately, I do not have live data for this share.

  I fully understand that this week’s candle will be shown as soon as the week has been closed.
  But does not buying the data mean that the signal will have a delay of two weeks?

  

  SAcht

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  06/10/2017 at 9:01 AM #37952
  Nicolas

  Crosses are always confirmed 1 bar later. Bt, if you launch a Sunday screener on a market shares you do not have real time, its calculations will be done on Thursday data.
  Indeed, in order for an end-of-day EOD client to have access to Friday data on a stock market, the current day must be the next trading day in the market, case on Monday.

  

  Nicolas

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  06/11/2017 at 5:51 PM #38069
  SAcht

  Thanks a lot for letting me know, Nicholas – very good to know!

  

  SAcht

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  06/13/2017 at 7:17 PM #38235
  SAcht

  So, just to make sure that I purchase the correct data:

  If I want ProScreener to list stocks for which the signal is generated this week, I need to buy realtime data – correct?

  

  SAcht

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  06/13/2017 at 7:28 PM #38236
  Nicolas

  Please find attached a test that seems ok for NASDAQ/NYSE stocks for which I got live datas. RSI[14] crosses over 50 this week.

  

  Nicolas

  Keymaster

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