StockFetcher Forums · Filter Exchange · Weekly Engulfing Candles with Tails<< >>Post Follow-up
Ukrainia
5 posts
msg #123285
Ignore Ukrainia
3/20/2015 10:06:03 PM

Hello,

New user, I know the screen for weekly engulfing candles is as follows

"pattern is weekly Bearish Engulfing and chart-display is weekly"

However, this screen is based on the body only. How can I adapt this screen so that it takes into account the shadow as well?

Thanks.

Kevin_in_GA
4,599 posts
msg #123288
Ignore Kevin_in_GA
3/21/2015 8:47:59 AM

This might help:

http://www.stockfetcher.com/forums/Filter-Exchange/Tails-ODRs-ROCdiv-OH-MY/80806

The credit for this code goes to Alf. This is a set of code that finds either topping or bottoming tails.

/* Tails */

/* Bottoming Tails */

/* Consecutive Down Days */
set{daysClose_Down, days(Close above Close 1 day ago,100)}

set{RangeA, High - Low}
set{MinCloOp, min(Close,Open)}
set{TailRngA, MinCloOp - Low}
set{TailRatioA, TailRngA / RangeA}

set{Tail_A, count(daysClose_Down 1 day ago above 1, 1)}
set{Tail_B, count(Low is below MinCloOp, 1)}
set{Tail_C, count(TailRatioA is above .50, 1)}
set{Tail_D, count(Close below EMA(10) , 1)}
set{Tail_1, Tail_A * Tail_B}
set{Tail_2, Tail_1 * Tail_C}
set{TailBot, Tail_2 * Tail_D}
/* ---------- */

/* Topping Tails */

/* Consecutive Up Days */
set{daysClose_Up, days(Close below Close 1 day ago,100)}

set{RangeAA, High - Low}
set{MaxCloOp, max(Close,Open)}
set{TailRngAA, High - MaxCloOp}
set{TailRatioAA, TailRngAA / RangeAA}

set{Tail_AA, count(daysClose_Up 1 day ago above 1, 1)}
set{Tail_BB, count(High is above MaxCloOp, 1)}
set{Tail_CC, count(TailRatioAA is above .50, 1)}
set{Tail_DD, count(Close above EMA(10), 1)}
set{Tail_11, Tail_AA * Tail_BB}
set{Tail_22, Tail_11 * Tail_CC}
set{TailTop, Tail_22 * Tail_DD}
/* ---------- */

/* Tails Top OR Bottom */
set{Tail_topORbot, TailBot + TailTop}
/* ---------- */


Ukrainia
5 posts
msg #123291
Ignore Ukrainia
3/21/2015 1:18:23 PM

I am not sure the coding needs to be that complex.

Basically, I need a way to express that the current week's range is greater than the previous week's range,
shown on a weekly chart.

I can work from there.

Ukrainia
5 posts
msg #123292
Ignore Ukrainia
3/21/2015 1:31:33 PM

Range as in,

the high of the current week is above the previous week's high,
and the low of the current week is below the previous week's low.

On a weekly chart using weekly candles

Kevin_in_GA
4,599 posts
msg #123293
Ignore Kevin_in_GA
3/21/2015 2:26:51 PM

Range as in,

the high of the current week is above the previous week's high,
and the low of the current week is below the previous week's low.

On a weekly chart using weekly candles
++++++++++++++++++

Fetcher[

weekly high above weekly high 1 week ago
weekly low below weekly low 1 week ago
chart-display is weekly
]



Ukrainia
5 posts
msg #123296
Ignore Ukrainia
3/21/2015 6:40:14 PM

Thank you very much

StockFetcher Forums · Filter Exchange · Weekly Engulfing Candles with Tails<< >>Post Follow-up

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