Screener Elliott Wave Indicator

• 10/12/2016 at 3:27 PM #14772
  Hasardeur

  Hallo all,

  the attached indicator is showing the Elliott waves in an horizontal layout.

  The indicator is working well.

  I would like to change the indicator into a Screener, showing the crossing over results for the last x (5) trading days backwards from the actual date.

  I have tried but the results are not matching.

  Could someone give me assistance?

  Many thanks in advanced.

   

  Best regards

  Hasardeur

  ------------------------------------------ // Elliott Wave Trend Indicator // ------------------------------------------ pr= 2 pr2= 10 EWpk2= HIGHEST[1](High) > (High)*(1-pr2)/100 EWtr2= LOWEST[1](Low) < (Low)*(1-pr2)/100 // Intermediate Elliot Wave stuff //zz= ZigZag[pr](close) zzHi2=ZigZag[pr2](High) zzLo2=ZigZag[pr2](Low) avg2=(zzHi2+zzLo2)/2 If EWpk2 Then RetroSuccessSecret2= zzHi2 ELSIF EWtr2 Then RetroSuccessSecret2= zzLo2 ELSIF (avg2>avg2[1]) THEN RetroSuccessSecret2= high ELSE RetroSuccessSecret2= Low ENDIF EW2=ZigZag[pr2](RetroSuccessSecret2) LRZZEW2= LinearRegressionSlope[pr](EW2) // -------------------------------- // START SCREENER BG_MV-EW Trend // -------------------------------- c111= LRZZEW2[1] crosses over 0 AND LRZZEW2[0] > 0.0 //c211= LRZZEW2[1] crosses under 0 AND LRZZEW2[0] < 0.0 ckauf= c111 //cverk= c211 LBday = 4 // look back days if ckauf then event = 1 eventindex = barindex endif if barindex - eventindex < LBday then event = 1 elsif barindex - eventindex > LBday then event = 0 endif SCREENER[event]

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  ------------------------------------------ // Elliott Wave Trend Indicator // ------------------------------------------ pr= 2 pr2= 10 EWpk2= HIGHEST[1](High) > (High)*(1-pr2)/100 EWtr2= LOWEST[1](Low) < (Low)*(1-pr2)/100 // Intermediate Elliot Wave stuff //zz= ZigZag[pr](close) zzHi2=ZigZag[pr2](High) zzLo2=ZigZag[pr2](Low) avg2=(zzHi2+zzLo2)/2 If EWpk2 Then RetroSuccessSecret2= zzHi2 ELSIF EWtr2 Then RetroSuccessSecret2= zzLo2 ELSIF (avg2>avg2[1]) THEN RetroSuccessSecret2= high ELSE RetroSuccessSecret2= Low ENDIF EW2=ZigZag[pr2](RetroSuccessSecret2) LRZZEW2= LinearRegressionSlope[pr](EW2)   // -------------------------------- // START SCREENER BG_MV-EW Trend // --------------------------------   c111= LRZZEW2[1] crosses over 0  AND LRZZEW2[0] > 0.0 //c211= LRZZEW2[1] crosses under 0  AND LRZZEW2[0] < 0.0   ckauf=  c111 //cverk= c211   LBday = 4  // look back days if ckauf then event = 1 eventindex = barindex endif   if barindex - eventindex < LBday then event = 1 elsif barindex - eventindex > LBday then event = 0 endif   SCREENER[event]

   

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  Jesús

  

  Hasardeur

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  10/13/2016 at 10:04 AM #14814
  GraHal

  Hey this looks very interesting, thank you for sharing!

  Sorry … can’t offer anything to refine the screener (not yet anyway) but what ‘settings’ are you using to show the Indicator same as in the your .pdf?

  Please could you put up a screen shot of your indicator settings?

  I have played with various settings / colour zones.

  Attached is what I see … nothing below the zero line … maybe I’m just not thnking straight (I need more coffee ;)??

  Thank You

  GraHal

  

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  10/13/2016 at 10:18 AM #14817
  GraHal

  Ha … now after more coffee (ha) I can see maybe I just dived in and replaced the word ‘Screener’ with ‘Return’ and that is my problem!?

  I’ll let you know how I get on

  

  GraHal

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  10/13/2016 at 10:28 AM #14818
  GraHal

  Haha … Succes!  Toast and coffee now … worn out already! 🙂

  

  GraHal

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  10/13/2016 at 10:49 AM #14822
  Nicolas

  Please post images when you can, better than PDF! Thanks.

  If I understand correctly your request, you want to test as a screener is a cross over (not under?) of your Eliot Wave oscillator occurred in the last 5 bars? (or do I need more coffee too?!) ahaha

   

  

  Nicolas

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  10/13/2016 at 12:38 PM #14835
  GraHal

  Nicolas … is it to do with file size why you don’t want .pdf attachments?

  I find it very difficult to read most folks .jpgs they post on here as even when zoomed in they are blurry and unreadable.  Often  I give up trying to see the info (instrument, timeframe, dates along the x axis etc) I want to read on images / jpgs posted here by users and I have to make do with a ‘general impression.  Is this just me?? (I am using a 28 inch monitor).

  Whereas I found the .pdf attachments above loads easier to read and don’t go blurry when I zoom in.

  

  GraHal

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  10/13/2016 at 1:31 PM #14840
  Hasardeur

  Hallo Nicolas,

  thanks for taking care.

  Yes you understood right. i would like to have the corssing over at the last 5 days backwards form the actual date.

  with the attached code it seems to be ok, but i have still some wrong results.

  LBday = 4 // look back days if ckauf then eventindex = barindex endif if barindex - eventindex < LBday then SCREENER[ckauf] (BGRSLVaR AS "RSL/VaR") endif

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  LBday = 4  // look back days if ckauf then eventindex = barindex endif if barindex - eventindex < LBday then SCREENER[ckauf] (BGRSLVaR AS "RSL/VaR") endif

   

  

  Hasardeur

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  10/13/2016 at 1:42 PM #14842
  Hasardeur

  by the attached file you can see that the indicator works well, but the screener result is wrong because th cross over thates time in 19.09.2016 (this is not the last 5 days.

  

  Hasardeur

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  10/13/2016 at 1:49 PM #14846
  Hasardeur

  Hallo Grahal,

  here is the indicator code. Have fun and good trades.

  pr= 2 pr2= 10 EWpk2= HIGHEST[1](High) > (High)*(1-pr2)/100 EWtr2= LOWEST[1](Low) < (Low)*(1-pr2)/100 zzHi2=ZigZag[pr2](High) zzLo2=ZigZag[pr2](Low) avg2=(zzHi2+zzLo2)/2 If EWpk2 Then RetroSuccessSecret2= zzHi2 ELSIF EWtr2 Then RetroSuccessSecret2= zzLo2 ELSIF (avg2>avg2[1]) THEN RetroSuccessSecret2= high ELSE RetroSuccessSecret2= Low ENDIF EW2=ZigZag[pr2](RetroSuccessSecret2) LRZZEW2= LinearRegressionSlope[pr](EW2) RETURN LRZZEW2 coloured(0,0,200) AS "LRZZ EW[10]"

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  pr= 2 pr2= 10 EWpk2= HIGHEST[1](High) > (High)*(1-pr2)/100 EWtr2= LOWEST[1](Low) < (Low)*(1-pr2)/100 zzHi2=ZigZag[pr2](High) zzLo2=ZigZag[pr2](Low) avg2=(zzHi2+zzLo2)/2 If EWpk2 Then RetroSuccessSecret2= zzHi2 ELSIF EWtr2 Then RetroSuccessSecret2= zzLo2 ELSIF (avg2>avg2[1]) THEN RetroSuccessSecret2= high ELSE RetroSuccessSecret2= Low ENDIF EW2=ZigZag[pr2](RetroSuccessSecret2) LRZZEW2= LinearRegressionSlope[pr](EW2)   RETURN LRZZEW2 coloured(0,0,200) AS "LRZZ EW[10]"

   

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  manel

  

  Hasardeur

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  10/13/2016 at 1:51 PM #14847
  Nicolas

  @GraHal

  Strange, even if images are compressed when upload, they are lossless and readable .. for me!  20% of visitors/users are browsing the site with mobile each day, better have clickable pictures than download PDF file in that case!

   

  

  Nicolas

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  10/13/2016 at 2:10 PM #14851
  Hasardeur

  Hallo Niclas,

  for this screener it is not important, but generally i try to get only the first buy signal after a sell signal has occured.

  The following buy signals (after the first buy signal has occured) are not interesting for me.

  The screener should filter the above signals only occured in the last 5 trading days backwards from the actual date.

  Many thanks in advanced and

  best regards from Germany.

  Hasardeur

  

  Hasardeur

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  12/13/2016 at 1:28 AM #18425
  ramzam

  hi there is no mq4 file attached. only pdf is attached. how come with this to indicator. can you please share

  

  ramzam

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  02/20/2017 at 8:18 PM #25810
  Jollyjo99

  Indeed. The indicator works perfectly! Thanks.

  Now I’m checking to make it working as a screener. Even not taking into account to detect the change of signal last 5 days.
  Just to detect the signal goes over 0.

  It seems already challenging to detect the change the last day.
  Here is the piece of the code.

  C111 = LRZZEW2 CROSSES OVER 0 SCREENER[C111]

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  C111 = LRZZEW2 CROSSES OVER 0   SCREENER[C111]

  Have you found something since as it is a subject with post long time ago?

  Still looking ….

   

   

  

  Jollyjo99

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  02/21/2017 at 10:50 AM #25844
  Jollyjo99

  I keep trying but seems that I’m struggling with simple thing 🙁

  So I created the indicator (Elliot Wave Oscillator 4) which is working fine (You can see it in screenshot).
  I transformed the indicator to be a binary oscillator to identify Impulse Wave (=1) and Corrective Wave (=0)

  I just want to have a screener which is identifying all shares in the Impulse Wave, so nothing too complicated here.

  TIMEFRAME(daily) myElliottWaveOscillator4 = CALL "Elliott Wave Oscillator 4" C1 = (myElliottWaveOscillator4 = 1) SCREENER [C1]

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  TIMEFRAME(daily) myElliottWaveOscillator4 = CALL "Elliott Wave Oscillator 4" C1 = (myElliottWaveOscillator4 = 1) SCREENER [C1]

  (Elliott Wave Oscillator 4 is my indicator)

  When I run the screener, it gives me a lot of shares in the list, but even a lot which my indicator shows me 0 (Corrective Wave).
  So I’m confuse now.

  Something obvious that I did wrong? Any help?

   

  

  Jollyjo99

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  02/21/2017 at 10:54 AM #25849
  Nicolas

  Try to copy/paste whole indicator code into the screener one and see what happens.

  Please, verify if you have real time data feed for the shares lists you are trying to get results.

  

  Nicolas

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