Trend change + stochastic screen

• 02/04/2024 at 4:01 PM #227384
  sgrech

  Hello and good afternoon.

  I wonder if someone here is able to help me please.

  What I would like to screen where:

  50 period MA has turned positive within the past n periods (variable but defaulted to 26), record in variable x how many periods ago the trend changed.

  AND

  Stochastic (12,2,2) for the current period is below 30.  However this must be the first time this has breached this level during the past x periods.

  Many thanks in advance.

   

  I hope this makes sense?

   

  Regards

  Simon

  

  sgrech

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  02/05/2024 at 9:19 AM #227407
  sgrech

  Anyone able to help please  🙂

  

  sgrech

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  02/05/2024 at 10:32 AM #227414
  JC_Bywan

  Hi,

  To be tested:

  N=26 ma50=Average[50](close) sto=Stochastic[12,2](close) dir=sgn(ma50-ma50[1]) if dir>0 and dir[1]<0 then mark=barindex endif x=barindex-mark c1= x<=N and dir>0 c2= sto<30 and summation[X+1](sto crosses under 30)=1 screener[c1 and c2]

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

  N=26   ma50=Average[50](close) sto=Stochastic[12,2](close)   dir=sgn(ma50-ma50[1])   if dir>0 and dir[1]<0 then mark=barindex endif x=barindex-mark   c1= x<=N and dir>0   c2= sto<30 and summation[X+1](sto crosses under 30)=1   screener[c1 and c2]

   

   

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  sgrech

  

  JC_Bywan

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  02/05/2024 at 10:47 AM #227419
  sgrech

  Thank you so much, I will take a look.

  

  sgrech

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  05/08/2024 at 2:12 PM #232473
  sgrech

  Hi sorry I went back to this and realised that I need to also check whether during the same look back period (26) whether the the Upper bollinger band was crossed.  And Finally check the current close market price is at  least 10% lower than the high within the look back period.

   

  Many thanks in advance.

  

  sgrech

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  05/08/2024 at 2:35 PM #232477
  JC_Bywan

  Hi, the 2 conditions are added in c3 and c4 :

  N=26 ma50=Average[50](close) sto=Stochastic[12,2](close) dir=sgn(ma50-ma50[1]) if dir>0 and dir[1]<0 then mark=barindex endif x=barindex-mark c1= x<=N and dir>0 c2= sto<30 and summation[X+1](sto crosses under 30)=1 c3= summation[N](close crosses over BollingerUp[20](close))>=1 c4= close<=0.9*highest[26](high) screener[c1 and c2 and c3 and c4]

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

  N=26   ma50=Average[50](close) sto=Stochastic[12,2](close)   dir=sgn(ma50-ma50[1])   if dir>0 and dir[1]<0 then mark=barindex endif x=barindex-mark   c1= x<=N and dir>0   c2= sto<30 and summation[X+1](sto crosses under 30)=1   c3= summation[N](close crosses over BollingerUp[20](close))>=1   c4= close<=0.9*highest[26](high)   screener[c1 and c2 and c3 and c4]

   

   

  

  JC_Bywan

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