StockFetcher Forums · Filter Exchange · +DI/-DI convergence and intersection<< >>Post Follow-up
Rock Sexton
109 posts
msg #79326
Ignore Rock Sexton
modified
9/15/2009 6:45:19 PM

I'm looking to incorporate a scan that is able to detect when the +DI(14) and the -DI(14) are about to converge or intersect. How would I do this? And to take it one step further how would I show where that crossover takes place with the ADX line involved in it ........perhaps right thru the middle. I believe that's called a triple pinch.



chetron
2,817 posts
msg #79335
Ignore chetron
9/15/2009 9:54:28 PM

MAYBE.....


Fetcher[



SET{VAR1,MDI(14) - PDI(14)}
SET{VAR2,PDI(14) - MDI(14)}

SET{VAR3,COUNT(VAR1 BETWEEN 0 AND 5,1)}
SET{VAR4,COUNT(VAR2 BETWEEN 0 AND 5,1)}

SET{VAR5,VAR3 + VAR4}

SET{VAR6A,COUNT(MDI(14) ABOVE ADX(14),1)}
SET{VAR6B,COUNT(PDI(14) BELOW ADX(14),1)}
SET{VAR6,VAR6A * VAR6B}

ADD COLUMN VAR6

SET{VAR7A,COUNT(MDI(14) BELOW ADX(14),1)}
SET{VAR7B,COUNT(PDI(14) ABOVE ADX(14),1)}
SET{VAR7,VAR7A * VAR7B}

ADD COLUMN VAR7

SET{VAR8,VAR6 + VAR7}

ADD COLUMN VAR1
ADD COLUMN VAR2

DRAW ADX(14)

VAR8 ABOVE .5
VAR5 ABOVE .5
VOLUME ABOVE 100000
SORT COLUMN 5 ASCENDING

]





Rock Sexton
109 posts
msg #79338
Ignore Rock Sexton
9/15/2009 10:09:59 PM

I forgot to mention that I'm looking for when the +DI is coming up and the -DI coming down .......when they intersect.

chetron
2,817 posts
msg #79339
Ignore chetron
modified
9/15/2009 10:27:28 PM

WELL THEN....


Fetcher[




SET{VAR1,MDI(14) - PDI(14)}

SET{VAR3,COUNT(VAR1 BETWEEN 0 AND 5,1)}

SET{VAR6A,COUNT(MDI(14) ABOVE ADX(14),1)}
SET{VAR6B,COUNT(PDI(14) BELOW ADX(14),1)}
SET{VAR6,VAR6A * VAR6B}

ADD COLUMN VAR1

DRAW ADX(14)

VAR6 ABOVE .5
PDI(14) INCREASING LAST 1 DAY
VAR1 ABOVE 0
VOLUME ABOVE 100000
SORT COLUMN 5 ASCENDING

]



StockFetcher Forums · Filter Exchange · +DI/-DI convergence and intersection<< >>Post Follow-up

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