Screener returns odd data on forex pairs

• 06/13/2017 at 9:29 AM #38190
  robertogozzi

  I want to screen all pairs that are either in Stochastic’s OverBought/OverSold AND the lines are already pointing the other way round, and applied it to 4h TF.

  I wrote this simple screener (I use 75/25 for OB/OS, instead of the standard 80/20):

  Aud/Nzd OB/OS

  StocK = Stochastic[10,6](close) //10,6,3 StocD = Average[3](StocK) OB = (StocK < StocD) AND (StocK > 75) //K < D is going south despite being still in OB OS = (StocK > StocD) AND (StocK < 25) //K > D is going north despite being still in OS SCREENER[OB or OS] //is there any error here ???

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  StocK = Stochastic[10,6](close)          //10,6,3 StocD = Average[3](StocK) OB    = (StocK < StocD) AND (StocK > 75) //K < D is going south despite being still in OB OS    = (StocK > StocD) AND (StocK < 25) //K > D is going north despite being still in OS SCREENER[OB or OS]                       //is there any error here ???

  But, oddly enough, the pair AudNzd (h4), though displayed as having both conditions met, was absolutely not in OS/OB.

  Can anyone help me find out what logic error I made?

  Thank you.

   

  

  robertogozzi

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  06/13/2017 at 11:29 AM #38212
  Nicolas

  You are right, some of the returned results are wrong but only a few.

  StocK = Stochastic[10,6](close) //10,6,3 StocD = Average[3](StocK) OB = (StocK < StocD) AND (StocK > 75) //K < D is going south despite being still in OB OS = (StocK > StocD) AND (StocK < 25) //K > D is going north despite being still in OS if ob then test=1 elsif os then test=-1 endif SCREENER[OB or OS] (test) //is there any error here ???

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  StocK = Stochastic[10,6](close)          //10,6,3 StocD = Average[3](StocK) OB    = (StocK < StocD) AND (StocK > 75) //K < D is going south despite being still in OB OS    = (StocK > StocD) AND (StocK < 25) //K > D is going north despite being still in OS   if ob then test=1 elsif os then test=-1 endif   SCREENER[OB or OS]    (test)                   //is there any error here ???

  I don’t know why, I’ll get back here if I find what is causing this.

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  robertogozzi

  

  Nicolas

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  06/13/2017 at 1:10 PM #38218
  Nicolas

  Seems that some wrong datas were causing this issue. It is fixed now, do you confirm?

  

  Nicolas

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  06/13/2017 at 3:46 PM #38225
  robertogozzi

  It’s OK now.

  Thank you Nicolas.

  

  robertogozzi

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  06/14/2017 at 6:25 PM #38309
  robertogozzi

  Nicolas, I modified the screening program to scan the past H4 candle (not the current one) and still I get odd results for the GbpUsd pair, as you can see. In this case the odd results are returned for the current 4H candle, as well. Only one condition is met (both K and D are in OB).

  Even for the GbpJpy pair only one condition is met, since the K line is NOT above 75 (but it is < D).

  This is my code:

  Stochastic OB/OS

  StocK = Stochastic[10,6](close) StocD = Average[3](StocK) OB = (StocK[1] < StocD[1]) AND (StocK[1] > 75) OS = (StocK[1] > StocD[1]) AND (StocK[1] < 25) SCREENER[OB or OS]

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  StocK = Stochastic[10,6](close) StocD = Average[3](StocK) OB   = (StocK[1] < StocD[1]) AND (StocK[1] > 75) OS   = (StocK[1] > StocD[1]) AND (StocK[1] < 25) SCREENER[OB or OS]

  Thank you for any further suggestion.

   

   

  

  robertogozzi

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