Screener for enguler candles

• 05/02/2021 at 12:45 PM #168569
  nealhart

  Hi, is it possible to help with a screener I need for a certain “engulfer” candle setup? Thanks very much

   

  ENGLUFER CANDLE CRITERIA =

  A LARGER CANDLE THAT TURNS IN OPPOSITE DIRECTION FROM PREVIOUS CANDLE

  THE HIGH/LOW ( WICK) MUST BE EQUAL OR GREATER THAN PREVIOUS CANDLE

  THE OPEN/CLOSE (BODY) MUST BE GREATER THAN PREVIOUS CANDLE

  

  nealhart

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  05/02/2021 at 5:16 PM #168597
  robertogozzi

  To recap:

  • the upper wick must be >= than previous (larger or higher? I assume larger)
  • the lower wick must be >= than previous (larger or lower?  I assume larger)
  • the body must be > than previous

  There you go:

  Body = abs(close - open) UpperWick = high - max(open,close) LowerWick = min(open,close) - low c1 = UpperWick >= UpperWick[1] c2 = LowerWick >= LowerWick[1] c3 = Body > Body[1] Cond = c1 AND c2 AND c3 SCREENER[Cond]

  1 2 3 4 5 6 7 8

  Body      = abs(close - open) UpperWick = high - max(open,close) LowerWick = min(open,close) - low c1        = UpperWick >= UpperWick[1] c2        = LowerWick >= LowerWick[1] c3        = Body      >  Body[1] Cond      = c1 AND c2 AND c3 SCREENER[Cond]

   

  

  robertogozzi

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  05/02/2021 at 11:01 PM #168620
  nealhart

  Hi, I have attached a screenshot for more clarity.

  Can there be an adjustment?

  Thanks very much for the help.

  

  nealhart

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  05/03/2021 at 11:34 AM #168665
  robertogozzi

  Sorry, I forgot to add the second candle to go the opposite direction:

  Bullish = close > open Bearish = close < open Body = abs(close - open) UpperWick = high - max(open,close) LowerWick = min(open,close) - low c1 = UpperWick >= UpperWick[1] c2 = LowerWick >= LowerWick[1] c3 = Body > Body[1] c4 = (Bullish AND Bearish[1]) OR (Bearish AND Bullish[1]) Cond = c1 AND c2 AND c3 AND c4 SCREENER[Cond]

  1 2 3 4 5 6 7 8 9 10 11

  Bullish   = close > open Bearish   = close < open Body      = abs(close - open) UpperWick = high - max(open,close) LowerWick = min(open,close) - low c1        = UpperWick >= UpperWick[1] c2        = LowerWick >= LowerWick[1] c3        = Body      >  Body[1] c4        = (Bullish AND Bearish[1]) OR (Bearish AND Bullish[1]) Cond      = c1 AND c2 AND c3 AND c4 SCREENER[Cond]

   

  

  robertogozzi

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  05/05/2021 at 1:04 PM #168840
  nealhart

  Hi, thanks so much for the formula. Much appreciated 🙂

  Kind regards

  Neal.

  

  nealhart

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