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Price Action/Candlestick Scanner


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  #1 (permalink)
 sheldonxp 
Gaborone, Botswana
 
Posts: 13 since Jul 2020
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Is there a scanner out there where I can load in multiple symbols and have it scan for specific price action I am looking for on each candlestick while it is forming?

Specifically I want the scanner to be able to alert me to all candles that has retraced over 70% of its move (measured from open of candle), at least 80% into the time period of the candle (so at least 4m into a 5m candle, for example).

Then ideally I would be able to combine this with other criteria, such as % move in the last X minutes, or volume relative to 50-period average.


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  #2 (permalink)
 
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 bobwest 
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sheldonxp View Post
Is there a scanner out there where I can load in multiple symbols and have it scan for specific price action I am looking for on each candlestick while it is forming?

Specifically I want the scanner to be able to alert me to all candles that has retraced over 70% of its move (measured from open of candle), at least 80% into the time period of the candle (so at least 4m into a 5m candle, for example).

Then ideally I would be able to combine this with other criteria, such as % move in the last X minutes, or volume relative to 50-period average.

For what platform?

Bob.


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  #3 (permalink)
 sheldonxp 
Gaborone, Botswana
 
Posts: 13 since Jul 2020
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bobwest View Post
For what platform?

Bob.

I currently trade on TradingView, but I wouldn't mind having a separate scanner. I don't mind switching platforms either.


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  #4 (permalink)
 
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 Silver Dragon 
Cincinnati Ohio
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sheldonxp View Post
Is there a scanner out there where I can load in multiple symbols and have it scan for specific price action I am looking for on each candlestick while it is forming?

Specifically I want the scanner to be able to alert me to all candles that has retraced over 70% of its move (measured from open of candle), at least 80% into the time period of the candle (so at least 4m into a 5m candle, for example).

Then ideally I would be able to combine this with other criteria, such as % move in the last X minutes, or volume relative to 50-period average.

Hi @sheldonxp

If you are looking for another platform you might try TC2000 or StockCharts.com. I believe both of them have real time scanning and allow you to write custom scans. TC2000 allows you to view multiple charts at the same time.

Edit: You might also want to look at TrendSpider. Its a newer platform. Not sure of the capabilities though.

Robert


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 MajesticLegacy 
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