SImple screener on break MM7

• 04/23/2020 at 4:04 PM #127643
  Léo

  Hi All,

  I am trying to write a very simple screener that will show the break of eMM7 for Close[1]

  To avoid too many results I would like to make sure that the 5 previous closes were below th eMM7 also.

  Cf below.

  It does not work at all so I assume my entries are not correct.

  Can anyone help ?

  Thanks.

  C1= Close[1] > exponentialaverage[7](close[1]) and close[2]<exponentialaverage[7](close[2])and close[3]<exponentialaverage[7](close[3])and close[4]<exponentialaverage[7](close[4])and close[5]<exponentialaverage[7](close[5])and close[6]<exponentialaverage[7](close[6]) C2= Close[1] < exponentialaverage[7](close[1]) and close[2]>exponentialaverage[7](close[2])and close[3]>exponentialaverage[7](close[3])and close[4]>exponentialaverage[7](close[4])and close[5]>exponentialaverage[7](close[5])and close[6]>exponentialaverage[7](close[6]) SCREENER[C1 or C2]

  1 2 3

  C1= Close[1] > exponentialaverage[7](close[1]) and close[2]<exponentialaverage[7](close[2])and close[3]<exponentialaverage[7](close[3])and close[4]<exponentialaverage[7](close[4])and close[5]<exponentialaverage[7](close[5])and close[6]<exponentialaverage[7](close[6]) C2= Close[1] < exponentialaverage[7](close[1]) and close[2]>exponentialaverage[7](close[2])and close[3]>exponentialaverage[7](close[3])and close[4]>exponentialaverage[7](close[4])and close[5]>exponentialaverage[7](close[5])and close[6]>exponentialaverage[7](close[6]) SCREENER[C1 or C2]

   

  

  Léo

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  09/24/2020 at 1:38 PM #145211
  Nicolas

  The below screener code should work as expected. On the current candle, the price is breaking the exponential average 7 periods while the 5 previous candlesticks Close were above or below the average.

  ema7 = exponentialaverage[7](close) signal = 0 if close crosses over ema7 and summation[5](close<ema7)[1]=5 then signal = 1 elsif close crosses under ema7 and summation[5](close>ema7)[1]=5 then signal = -1 endif screener[signal<>0](signal as "direction")

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  ema7 = exponentialaverage[7](close)   signal = 0 if close crosses over ema7 and summation[5](close<ema7)[1]=5 then signal = 1 elsif close crosses under ema7 and summation[5](close>ema7)[1]=5 then signal = -1 endif   screener[signal<>0](signal as "direction")

  Bullish signal is labelled “1” and bearish is “-1” in the sorting criteria column.

  

  Nicolas

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  09/25/2020 at 4:03 PM #145414
  Léo

  Thank you Nicolas,

  It can also be interesting for users of PRTBands

  PRTBands = prtbandsshortterm signal = 0 if close crosses over PRTBands and summation[5](close<PRTBands)[1]=5 then signal = 1 elsif close crosses under PRTBands and summation[5](close>PRTBands)[1]=5 then signal = -1 endif screener[signal<>0](signal as "direction")

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  PRTBands = prtbandsshortterm signal = 0 if close crosses over PRTBands and summation[5](close<PRTBands)[1]=5 then signal = 1 elsif close crosses under PRTBands and summation[5](close>PRTBands)[1]=5 then signal = -1 endif screener[signal<>0](signal as "direction")

   

  

  Léo

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