Registered User Joined: 7/6/2015 Posts: 5
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Hello,
Is is possible to exclude from EasyScans calculations the currently open (incomplete) candle?
Thanks in advance.
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Administration
Joined: 9/30/2004 Posts: 9,187
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All depends on what you're scanning for. You can create formulas which do not use the latest candle in their calculations. Give us more details, it might be possible.
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Registered User Joined: 7/6/2015 Posts: 5
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Thanks for your answer:
As an example if I'm scanning for a outside bar:
H>H1AND
L<L1
When the incomplete outside bar closes and a new bar opens, the outside bar is no longer shown in the list, but it can be still tradable for hours or days (in the weekly/monthly timeframes).
I know that I can also scan for a closed outside bar:
H1>H2AND
L1<L2
But then I have to keep and switch two different condition sets.
I know that I can use OR to see both the complete and incomplete outside bar:
(H>H1AND
L<L1)OR
(H1>H2AND
L1<L2)
But then I get apples (complete bars) and oranges (incomplete bars) in the same list.
If there were a switch to omit easily the incomplete candles from the scanning I could keep a single set of conditions and getting a more clear scanning result.
Cheers
Francisco
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Registered User Joined: 1/28/2005 Posts: 6,049
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What about this?
ABS(H1>H2ANDL1<L2)*.5+ABS(H>H1ANDL<L1)
ZERO=no outside
.5=last complete outside
1= incomplete outside
1.5= complete and incomplete outside
You could put it in a column and sort.
Thanks
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Registered User Joined: 7/6/2015 Posts: 5
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QUOTE (diceman)
What about this?
ABS(H1>H2ANDL1<L2)*.5+ABS(H>H1ANDL<L1)
ZERO=no outside
.5=last complete outside
1= incomplete outside
1.5= complete and incomplete outside
You could put it in a column and sort.
Thanks
Good idea. Thanks!
I need to sort by another additional value like distance from low of the bar to a moving average divided by range of the bar (Reward/Risk) so I can flag all rows with OutBar equals to 0.5 and 1.5 (complete) and sort them with a column
(L1-XAVGC18.1)/(H1-L1)
Then I'll flag all rows with OutBar equals to 1 and sort them with another column
(L-XAVGC18)/(H-L)
Anyway being able to easily exclude from EasyScans and sorting calculations the currently open (incomplete) candle would simplify things.
Cheers
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