Pull back between X% and Y%

• 08/24/2021 at 1:09 PM #176082
  timmmmmbo

  Hi all – can you please help… I am wanting to scan for pull backs between min 6% and max 20% of the high of the last 50 days of trading…

  I have alot of other criteria which ensures it is in an up trend – but the pull back criteria is not working

  I tried below with a bit of tinkering but no luck:

  c10 = close<0.94*highest[50](close)    ( i assumed this might be minimum 6% pull back from 50 day highs)
  c11 = close>0.80*highest[50](close)    ( i assumed this might be maximin 20% pull back from 50 day highs)

  Help would be very appreciated thanks

  

  timmmmmbo

  Participant

  Topics: 9

  Replies: 6

  Been thanked: 1 time
  08/24/2021 at 7:12 PM #176128
  Swingueur

  Hello,

  I would say highest[50](high) instead of highest[50](close).

  Why do you say it doesn’t work? Any errors?

  Fabrice

  1 user thanked author for this post.

  timmmmmbo

  

  Swingueur

  Participant

  Topics: 4

  Replies: 91

  Been thanked: 29 times
  08/24/2021 at 9:09 PM #176139
  robertogozzi

  Yes, replace (close) with (high).

   

  1 user thanked author for this post.

  timmmmmbo

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17277

  Been thanked: 4125 times
  08/25/2021 at 12:15 PM #176196
  timmmmmbo

  Great stuff thanks gents appreciate it

  

  timmmmmbo

  Participant

  Topics: 9

  Replies: 6

  Been thanked: 1 time
• Author
  Posts