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# Prorealtime Screeners

## Question

Good Morning

I have a list of patterns I search for daily for the stocks and Indices I trade but thinking if I could program a screener on PRT to do this I could search for many more very quickly Im trying to have a go at learning how to do this myself at the moment   How hard is this pattern to do for example for a screener on PRT ?

Look forward to your replies

Have a great day

## Recommended Posts

Paste the following code into the proscreen "Creation by programming tab"

C1 = HIGH[1] > LOW[1] AND HIGH > HIGH[1] AND CLOSE < LOW[1]
C2 = HIGH[1] > HIGH[2]
C3 = CLOSE[2] > CLOSE[3]
C4 = CLOSE[3] > CLOSE[4]
C5 = CLOSE[4] > CLOSE[5]

Screener [C1 AND C2 AND C3 AND C4 AND C5]

Then select the list you wish to be scanned in the box on the left and then select Weekly in the "selection of period" box. It does not matter what is selected in "display of top 50 results" Finish by clicking on "Execute Proscreener".

The code only gives you three bars prior to the pattern trending up which should be enough. You won't get many results to look through its quite a rare pattern on the weekly TF.

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Is the Screener real time or does it lag?

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• ### Posts

• NIFTY 50 (India) Elliott Wave Analysis Trading Lounge Day Chart NIFTY 50 (India) Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave 5 Direction Next Higher Degrees: Navy Blue Wave 3 (started) Details: Navy Blue Wave 2 of 5 looking completed. Now Navy Blue Wave 3 is in play. Wave Cancel Invalid Level: 21,254.0 The NIFTY 50 (India) Elliott Wave Analysis on the daily chart reveals that the market is in a trend mode characterized by an impulsive wave pattern. The specific wave structure being analyzed is Navy Blue Wave 3, which signifies a continuation of the current trend. At present, the market is positioned in Gray Wave 5, indicating that it is in the final phase of this particular wave sequence. The direction for the next higher degrees continues to be Navy Blue Wave 3, suggesting that the market's impulsive trend is expected to persist. The details of the analysis highlight that Navy Blue Wave 2 of 5 appears to be completed. This completion marks a critical transition point, where the market has moved past the corrective phase of Wave 2 and has now entered into the more aggressive and trend-confirming phase of Navy Blue Wave 3. This phase is typically associated with strong market movements and increased momentum. The wave cancel invalid level is set at 21,254.0. This level is essential as it acts as a validation point for the current wave structure. If the NIFTY 50 index were to fall below this level, it would invalidate the current wave count, suggesting that the anticipated progression from Navy Blue Wave 2 to Navy Blue Wave 3 may not be occurring as expected. Such an event would necessitate a reevaluation of the wave count and overall market outlook. In summary, the NIFTY 50 (India) Elliott Wave Analysis on the daily chart indicates that the market is in an impulsive trend phase, currently positioned in Gray Wave 5 within the broader context of Navy Blue Wave 3. With Navy Blue Wave 2 of 5 completed, the market is now progressing through Navy Blue Wave 3, characterized by strong upward momentum. The wave cancel invalid level at 21,254.0 is critical for maintaining the validity of this wave structure, with any breach requiring a reassessment of the market's future direction.   NIFTY 50 (India) Elliott Wave Analysis Trading Lounge Weekly Chart NIFTY 50 (India) Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave 5 Direction Next Higher Degrees: Navy Blue Wave 3 (started) Details: Navy Blue Wave 2 of 5 looking completed. Now Navy Blue Wave 3 is in play. Wave Cancel Invalid Level: 21,254.0 The NIFTY 50 (India) Elliott Wave Analysis on the weekly chart indicates that the market is in a trend mode, characterized by an impulsive wave pattern. The specific wave structure being analyzed is Navy Blue Wave 3, which suggests the continuation of the current upward trend. The market is currently positioned in Gray Wave 5, indicating it is in the final phase of this particular wave sequence. The direction for the next higher degrees is Navy Blue Wave 3, signifying that the impulsive trend is expected to continue. According to the analysis, Navy Blue Wave 2 of 5 appears to be completed. This completion marks an important transition point, indicating that the market has moved past the corrective phase of Wave 2 and is now entering the more aggressive and trend-confirming phase of Navy Blue Wave 3. This phase typically involves strong market movements and increased momentum. The wave cancel invalid level is set at 21,254.0. This level acts as a critical validation point for the current wave structure. If the NIFTY 50 index falls below this level, it would invalidate the current wave count, suggesting that the anticipated progression from Navy Blue Wave 2 to Navy Blue Wave 3 may not be occurring as expected. In such a scenario, a reevaluation of the wave count and overall market outlook would be necessary. In summary, the NIFTY 50 (India) Elliott Wave Analysis on the weekly chart shows the market is in an impulsive trend phase, currently positioned in Gray Wave 5 within the broader context of Navy Blue Wave 3. With Navy Blue Wave 2 of 5 completed, the market is now progressing through Navy Blue Wave 3, characterized by strong upward momentum. The wave cancel invalid level at 21,254.0 is crucial for maintaining the validity of this wave structure, with any breach requiring a reassessment of the market's future direction.   Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!
• ABBV Elliott Wave Analysis Trading Lounge Daily Chart, AbbVie Inc.,  (ABBV) Daily Chart  ABBV Elliott Wave Technical Analysis FUNCTION: Trend  MODE: Impulsive  STRUCTURE: Motive  POSITION: Minor wave 3.    DIRECTION: Upside into wave 3.     DETAILS: We are looking for Minor wave 3 to slowly and steadily unfolding to the upside, as we are witnessing continuation higher.   ABBV Elliott Wave Analysis Trading Lounge 4H Chart, AbbVie Inc., (ABBV) 4H Chart  ABBV Elliott Wave Technical Analysis FUNCTION: Trend  MODE: Impulsive  STRUCTURE: Motive  POSITION: Wave {iii} of 3.   DIRECTION: Upside in wave {iii}.  DETAILS: Looking for a series of threes and fours to take us higher to the minimum next target that is 1.618 {iii} vs. {i} at 200\$.   Welcome to our latest Elliott Wave analysis for AbbVie Inc. (ABBV) as of July 31, 2024. This analysis provides an in-depth look at ABBV's price movements using the Elliott Wave Theory, helping traders identify potential opportunities based on current trends and market structure. We will cover insights from both the daily and 4-hour charts to offer a comprehensive perspective on ABBV's market behavior.  * ABBV Elliott Wave Technical Analysis – Daily Chart*  We are observing the steady and gradual development of Minor wave 3, which is unfolding to the upside. This suggests a continuation of the upward trend, as the stock progresses through this impulsive wave.  * ABBV Elliott Wave Technical Analysis – 4H Chart*  The 4-hour chart shows a series of smaller three and four wave movements that are characteristic of a developing wave {iii}. The minimum next target is identified as 1.618 of wave {iii} vs. wave {i}, which is around \$200. This target is anticipated based on the typical Fibonacci extension levels observed in wave {iii}.   Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!
• Cocoa Elliott Wave Analysis Cocoa Market Analysis Cocoa prices have seen reduced volatility since July 2024, following significant price swings in June. The commodity is expected to continue its corrective decline from the all-time high of 11,722, which was reached on April 19th.   Daily Chart Analysis On the daily chart, cocoa completed a major bullish impulse wave cycle that began in September 2022 when prices were around 2,000. By April 2024, this impulse wave had driven prices up by over 430%, culminating in an all-time high. According to the  Elliott Wave theory, the market typically undergoes a three-wave corrective phase after an impulse wave. The current decline from the all-time high is likely part of this corrective phase, unfolding in an a-b-c wave pattern. In this structure, waves a and b (circled) have already been completed, and the price is now in wave c. This wave c is projected to extend lower, potentially reaching 5,000 or below before the overall bullish trend resumes. This decline aligns with the typical behavior of corrective waves following a strong impulsive move.     H4 Chart Analysis The H4 chart provides a detailed view of the sub-waves within the ongoing decline, suggesting a potential 5-3-5 corrective pattern. Within this pattern, wave c is currently progressing through its 2nd sub-wave, wave (ii), which could rally to retest the 9,000 level. As long as this bounce remains corrective and encounters resistance below the 10,323 high, the downtrend is expected to resume, driving prices toward the 5,000 major support level.     Conclusion Cocoa is in the midst of a corrective phase following a significant bullish run. The expected continuation of the decline, especially if wave c extends as projected, presents opportunities for sellers. Traders should monitor the 9,000 and 10,323 levels for signs of resistance, which could signal the renewal of the downward trend.   Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!
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