I'm looking to create a custom scan in Multicharts for TWS. The scan will:
1. Find stocks that have closed down 3 or more days in a row.
2. The "Trigger" event is if the stock is currently trading above yesterdays close.
i.e. try's to pick the reversal point after a stock has bottomed.
Here is a better explanation of the "Bottom Fisher" scan: http://www.tonyoz.com/bottom.htm
Any pointers on how to do this or if something similar already exists?
Tony Oz - Bottom Fisher Scan
- JoshM
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Re: Tony Oz - Bottom Fisher Scan
Code: Select all
Variables:
threeInARow(False),
triggerEvent(False);
threeInARow = (Close[1] < Close[2]) and (Close[2] < Close[3])
and (Close[3] < Close[4]);
triggerEvent= Close > Close[1];
if (threeInARow = true) then
Plot1("TRUE", "ThreeInARow")
else
Plot1("FALSE", "ThreeInARow");
if (triggerEvent = true) then begin
Plot2("TRUE", "TriggerEvent");
SetPlotBGColor(2, green);
end
else begin
Plot2("FALSE", "TriggerEvent");
SetPlotBGColor(2, yellow);
end;
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Re: Tony Oz - Bottom Fisher Scan
Works perfectly fyi.
Am I right in thinking there is no way to mass import a list of stocks to the Pre-Scanner? i.e. with IB for TWS I would need to add each stock individually?
Am I right in thinking there is no way to mass import a list of stocks to the Pre-Scanner? i.e. with IB for TWS I would need to add each stock individually?
Re: Tony Oz - Bottom Fisher Scan
You can copy/paste a list of them into the scanner, but if they're not already inputted into the Quote Manager, the Quote Manager doesn't update the symbol specifications(suggestion for MC). If this is the case, create a spreadsheet in excel or notepad of all symbols wanted. Quote Manager -> File -> Import Symbol List.
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Re: Tony Oz - Bottom Fisher Scan
Thanks, I don't believe Multicharts for TWS has Quote Manager. Is there an alternative suggestion in this case?
Re: Tony Oz - Bottom Fisher Scan
Did you try to copy and paste a list straight into the scanner? Also if you have the symbols already, you can click Insert Symbol on the Instrument List and highlight as many as you want and click Ok.
I'm unfamiliar with the tws version, but I'm sure you can copy/paste the symbol list into the scanner.
I'm unfamiliar with the tws version, but I'm sure you can copy/paste the symbol list into the scanner.