Screener for my own indicator

malaguti · Sun, 12 Aug 2018 10:34:35 +0000

I have developed an indicator using v10.3, very simple, but its my first one! what i am trying to do is now create the screener, however its not coming back with what i would expect. I want to screen new breakouts, so where the condition today exists, whereas yesterday it didn’t. although weekly, so this week vs last week here is the screener: myMSI2 = call MSI2 Con1 = myMSI2 = 1 and myMSI2[1] = 0.5 screener[con1] the indicator is here MyHigh = Highest[20](high) MyLow = Lowest[40] (low) //Ichimoku Tenkansen = (highest[9](high)+lowest[9](low))/2 Kijunsen = (highest[26](high)+lowest[26](low))/2 SpanA = (tenkansen[26]+kijunsen[26])/2 SpanB = (highest[52](high[26])+lowest[52](low[26]))/2 //MA Settings MyMA = WilderAverage[30](close) Long1 = High>MyHigh[1] Long2 = close > SpanA and close > SpanB Long3 = Close>Close[1] and close>MyHigh[1] Long4 = Close>MyMA Stage2 = Long1 and Long2 and Long3 and Long4 Stage3 = Close<MyMA and Direction[1]=1 Short1 = Close<MyLow[1] Short2 = close < SpanA and close < SpanB Short3 = Close<Close[1] and close<MyLow[1] Stage4 = Short1 and short2 and short3 Stage1 = Close>MyMA and Direction[1]=-1 if stage2 then direction=1 elsif stage3 then direction=0.5 elsif stage4 then direction=-1 elsif stage1 then direction=-0.5 endif return direction as "MSI" the indicator when plotted has a 1,0.5, -0.5 or -1 value. Im just trying to pick up the 1 where last week it wasn’t however im getting back items where there is no 1 but still 0.5 could someone help where im going wrong?

This topic has 20 replies, 3 voices, and was last updated 6 years ago by malaguti.

Viewing 6 posts - 16 through 21 (of 21 total)

← 1 2

08/16/2018 at 3:26 PM #78395

Nicolas

Try to change how you display the signal (not using backgroundcolor):

Long = low<low[1] if long then drawtext("*",barindex,low,dialog,bold,18) coloured(0,0,200) endif return long

1
2
3
4
5

Long = low<low[1]
if long then
drawtext("*",barindex,low,dialog,bold,18) coloured(0,0,200)
endif
return long

I reported that backgroundcolor has been buggy recently, should be fixed in a future patch.

Nicolas
Keymaster

Topics: 81
Replies: 20863
Been thanked: 4773 times

08/16/2018 at 4:21 PM #78402

malaguti

Nicolas wrote:

Try to change how you display the signal (not using backgroundcolor):

Long = low<low[1]<br /> if long then<br /> drawtext(“*”,barindex,low,dialog,bold,18) coloured(0,0,200)<br /> endif<br /> return long

1

2

3

4

5

Long = low<low[1]

if long then

drawtext(“*”,barindex,low,dialog,bold,18) coloured(0,0,200)

endif

return long

I reported that backgroundcolor has been buggy recently, should be fixed in a future patch.

Thanks Nicolas, I was hoping that was the reason the screener wasn’t picking up items, clearly a red herring

malaguti
Participant

Topics: 2
Replies: 16
Been thanked: 0 times

08/17/2018 at 12:05 PM #78447

malaguti

OK, so I can now rule out end of day vs real time version. Just signed up for real time, and still a screener for a higher high doesn’t work on weekly

the indicator: so the current high is higher than the high of the last 20

MyHigh = Highest[20](high[1]) Long = High > MyHigh if long then drawtext("*",barindex,low,dialog,bold,18) coloured(0,0,200) endif return

1
2
3
4
5
6

MyHigh = Highest[20](high[1])
Long = High > MyHigh
if long then
drawtext("*",barindex,low,dialog,bold,18) coloured(0,0,200)
endif
return

and the screener

screener

Timeframe (weekly) MyHigh = Highest[20](High[1]) Long = High>MyHigh SCREENER [Long](Long as "Uptrend")

1
2
3
4

Timeframe (weekly)
MyHigh = Highest[20](High[1])
Long = High>MyHigh
SCREENER [Long](Long as "Uptrend")

attachment 1 is the first item from the screener, its correct, second item is incorrect

all of them are correct for 1 week ago however..

so we cant scan for new highs without having to go through all the wrong ones whether using real time or end of day version when scanning on a weekly timeframe even though the indicator plots everything correctly.

on a positive note, the results ARE more accurate than end of day as there were just loads of completely incorrect, this high, last high etc

like I say, there is a support ticket..but in the mean time I will be one week behind!

malaguti
Participant

Topics: 2
Replies: 16
Been thanked: 0 times

08/17/2018 at 1:59 PM #78465

malaguti

I may have been too hasty, the trial came only with real time data for forex! grrrrrr

however, the results are indeed correct for all of them. how annoying I need real time data to get a screener to work on a weekly time frame

well what an interesting discovery…thanks to all who have contributed and looked at this post

malaguti
Participant

Topics: 2
Replies: 16
Been thanked: 0 times

08/17/2018 at 2:30 PM #78474

Nicolas

End Of Day means also End Of Week for weekly timeframe.

Nicolas
Keymaster

Topics: 81
Replies: 20863
Been thanked: 4773 times

08/17/2018 at 8:12 PM #78499

malaguti

well assuming the week is now over (for FTSE at least) why does a weekly screener not pick up a higher high when not using real time data?

I have to use real time to get a weekly screener, otherwise it just doesn’t work

malaguti
Participant

Topics: 2
Replies: 16
Been thanked: 0 times
Author

Posts

Viewing 6 posts - 16 through 21 (of 21 total)

← 1 2

Find exclusive trading pro-tools on