Indicators in scanner - futures io
futures io



Indicators in scanner


Discussion in EasyLanguage Programming

Updated
    1. trending_up 655 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Indicators in scanner

(login for full post details)
  #1 (permalink)
ras07
Austin, TX
 
 
Posts: 1 since Feb 2018
Thanks: 0 given, 0 received

I'm writing an indicator for use as the criteria in a scan. The indicator behaves as expected in a chart, but not always in a scan.

I'm using daily bars. How does a scan treat daily data from an indicator when the market is open? In other words, if the market is open, is Close[1] yesterday's close, or the day before?

In an indicator on a daily chart, Close[0] is the most recent traded price, and Close[1] is the previous day's close. Is this the case in an indicator used in a scan, or is it different?

Reply With Quote

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(201 thanks from 24 posts)
looks_twoSalao's Journalby Salao
(53 thanks from 11 posts)
looks_3Deetee’s DAX Trading Journal (time based)by Deetee
(38 thanks from 18 posts)
looks_4Learning to Profit - A journey in algorithms and optionsby Syntax
(35 thanks from 15 posts)
looks_5Maybe a little bit different journalby Malykubo
(14 thanks from 16 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Big Mike in Ecuador
76 thanks
The Crude Dude Oil Trading System
72 thanks
Help improve the FIO community
35 thanks
futures io site changelog and issues/problem reporting
27 thanks
The New Micro Contract - MICRO BITCOIN coming May 2021
27 thanks
 
(login for full post details)
  #3 (permalink)
 ABCTG   is a Vendor
 
 
Posts: 2,238 since Apr 2013
Thanks: 417 given, 1,489 received


ras07,

the Scanner calculates through the last closed bar. This could cause the differences you are seeing between the chart and scanner. You could test this by having the Scanner print or display (using Plot) the value for Close[0].

Regards,

ABCTG

Follow me on Twitter Reply With Quote
The following user says Thank You to ABCTG for this post:


futures io Trading Community Platforms and Indicators EasyLanguage Programming > Indicators in scanner


Last Updated on March 15, 2018


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts