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FX Scan / Thinkscript


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  #1 (permalink)
atxrocks121
Austin Texas
 
Posts: 5 since Jun 2015
Thanks Given: 1
Thanks Received: 2

Hi there...I have this scan in ToS that works well in scanning stocks and etfs. But when I apply it to FX, I get very strange results. My theory is that is has to do with the time length concept. This scan is pulling the high/low for the last 20 days and also using the close (for stocks & etf's). However, in FX there obviously is no close during the week and is ToS smart enough to be using the 20 days, or is the scan using the last 20 weeks?

If this theory is correct, how do I tell ToS to scan the last 24 hours (or whatever the appropriate FX item is)?

My scan:
def Upper = Highest(high, 20);
def Lower = Lowest(low, 20);
def UpperPrev = Upper[5];

def ma20 = MovingAverage(AverageType.EXPONENTIAL, close, 20);
def ma50 = MovingAverage(AverageType.EXPONENTIAL, close, 50);
def ma20Prev = ma20[5];
def PercentageMove = (((ma20 - ma20Prev) / ma20Prev) * 100);

def VF = ((Upper - Lower) / close) * 100;
def VFavg = MovingAverage(AverageType.EXPONENTIAL, VF, 20);

def c1 = ma20 >= ma50;
def c2 = PercentageMove >= 1 and PercentageMove <= 50;
def c3 = Upper >= UpperPrev;
def c5 = (((Close-ma50) / ma50) < 0.50);

plot signal = c1 and c2 and c3 and c5;


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  #2 (permalink)
HaydenP
Carthage Texas Usa
 
Posts: 15 since Jun 2015
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atxrocks121 View Post
Hi there...I have this scan in ToS that works well in scanning stocks and etfs. But when I apply it to FX, I get very strange results. My theory is that is has to do with the time length concept. This scan is pulling the high/low for the last 20 days and also using the close (for stocks & etf's). However, in FX there obviously is no close during the week and is ToS smart enough to be using the 20 days, or is the scan using the last 20 weeks?

If this theory is correct, how do I tell ToS to scan the last 24 hours (or whatever the appropriate FX item is)?

My scan:
def Upper = Highest(high, 20);
def Lower = Lowest(low, 20);
def UpperPrev = Upper[5];

def ma20 = MovingAverage(AverageType.EXPONENTIAL, close, 20);
def ma50 = MovingAverage(AverageType.EXPONENTIAL, close, 50);
def ma20Prev = ma20[5];
def PercentageMove = (((ma20 - ma20Prev) / ma20Prev) * 100);

def VF = ((Upper - Lower) / close) * 100;
def VFavg = MovingAverage(AverageType.EXPONENTIAL, VF, 20);

def c1 = ma20 >= ma50;
def c2 = PercentageMove >= 1 and PercentageMove <= 50;
def c3 = Upper >= UpperPrev;
def c5 = (((Close-ma50) / ma50) < 0.50);

plot signal = c1 and c2 and c3 and c5;

You are correct with your assumption. You will need to use a secondary aggregation. If you need instructions let me know


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  #3 (permalink)
atxrocks121
Austin Texas
 
Posts: 5 since Jun 2015
Thanks Given: 1
Thanks Received: 2


Hi Hayden,
Yes, I need help as I have yet to figure this out...feel free to PM me.


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  #4 (permalink)
 NGtrader 
Vancouver, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL
Posts: 237 since Apr 2014
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Hi,

Did you ever figure out a way to scan currencies in TOS?


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