Walter Peters Big Bullish/Bearish Candle

• 09/28/2017 at 11:22 AM #47638
  Marcel van Vliet

  Hi, I tried to code a screener for Walter Peters (The naked trader) BBC setup. This is what I coded so far.

  It would be nice to get any help or guidence to make this code more efficient/shorter/better and load it up to the library.

  Thank you ……….

  // Bullish Big (engulfing) candle C1 = High>High[1] AND High>High[2] AND High>High[3] AND High>High[4] AND High>High[5] AND High>High[6] AND High>High[7] AND High>High[8] AND High>High[9] AND High>High[10] AND Low<Low[1] AND Low<Low[2] AND Low<Low[3] AND Low<Low[4] AND Low<Low[5] AND Low<Low[6] AND Low<Low[7] AND Low<Low[8] AND Low<Low[9] AND Low<Low[10] AND Close[1] < Open[1] AND Open < Close[1] AND Close > Open[1] AND Open < Close // Bearish Big (engulfing) candle C2 = High>High[1] AND High>High[2] AND High>High[3] AND High>High[4] AND High>High[5] AND High>High[6] AND High>High[7] AND High>High[8] AND High>High[9] AND High>High[10] AND Low<Low[1] AND Low<Low[2] AND Low<Low[3] AND Low<Low[4] AND Low<Low[5] AND Low<Low[6] AND Low<Low[7] AND Low<Low[8] AND Low<Low[9] AND Low<Low[10] AND Close[1] > Open[1] AND Close < Open AND Open > Close[1] AND Close < Open[1] Screener[(C1) OR (C2)]

  1 2 3 4 5 6 7 8 9 10 11 12 13

  // Bullish Big (engulfing) candle   C1 = High>High[1] AND High>High[2] AND High>High[3] AND High>High[4] AND High>High[5] AND High>High[6] AND High>High[7] AND High>High[8] AND High>High[9] AND High>High[10] AND Low<Low[1] AND Low<Low[2] AND Low<Low[3] AND Low<Low[4] AND Low<Low[5] AND Low<Low[6] AND Low<Low[7] AND Low<Low[8] AND Low<Low[9] AND Low<Low[10] AND Close[1] < Open[1] AND Open < Close[1] AND Close > Open[1] AND Open < Close   // Bearish Big (engulfing) candle   C2 = High>High[1] AND High>High[2] AND High>High[3] AND High>High[4] AND High>High[5] AND High>High[6] AND High>High[7] AND High>High[8] AND High>High[9] AND High>High[10] AND Low<Low[1] AND Low<Low[2] AND Low<Low[3] AND Low<Low[4] AND Low<Low[5] AND Low<Low[6] AND Low<Low[7] AND Low<Low[8] AND Low<Low[9] AND Low<Low[10] AND Close[1] > Open[1] AND Close < Open AND Open > Close[1] AND Close < Open[1]   Screener[(C1) OR (C2)]

   

  

  Marcel van Vliet

  Participant

  Topics: 62

  Replies: 98

  Been thanked: 7 times
  09/29/2017 at 12:05 PM #47804
  Nicolas

  Does it works already? Is it accurate? We could make it shorter by summarize the boolean results of all the High>High[x] (and Low<Low[x]) comparisons.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  09/29/2017 at 12:41 PM #47806
  Marcel van Vliet

  @Nicolas, Yes it works accurate. The problem is that Peters advice is to look back beween 6 and 10 candles. I tested the screener with 6 candles and it performed well. Summarize the boolean results is a thing I don’t know how to do. (this is the reason for this post)

  

  Marcel van Vliet

  Participant

  Topics: 62

  Replies: 98

  Been thanked: 7 times
  09/29/2017 at 12:42 PM #47807
  juanj

  Here is the screener for you:

  (Only managed to find matching conditions on the Weekly)

  Dir = 0 If (High > Highest[10](High)[1]) and (Low < Lowest[10](low)[1]) Then If close[1] < open[1] and open < close[1] and close > open[1] and close > open Then Dir = 1 ElsIf close[1] > open[1] and open > close[1] and close < open[1] and close < open Then Dir = -1 EndIf EndIf Condition = (Dir <> 0) SCREENER[Condition] (Dir AS "Direction")

  1 2 3 4 5 6 7 8 9 10 11 12 13

  Dir = 0   If (High > Highest[10](High)[1]) and (Low < Lowest[10](low)[1]) Then If close[1] < open[1] and open < close[1] and close > open[1] and close > open Then Dir = 1 ElsIf close[1] > open[1] and open > close[1] and close < open[1] and close < open Then Dir = -1 EndIf EndIf   Condition = (Dir <> 0)   SCREENER[Condition] (Dir AS "Direction")

   

  

  juanj

  Participant

  Topics: 51

  Replies: 505

  Been thanked: 170 times
  09/29/2017 at 12:52 PM #47810
  Marcel van Vliet

  @Juanj, Great. This weekend i will try to make it work on the daily timeframe or combine it with the screener I have so far.

  Thank you………

  

  Marcel van Vliet

  Participant

  Topics: 62

  Replies: 98

  Been thanked: 7 times
• Author
  Posts