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dmalyga
 Posted : Saturday, April 29, 2017 12:51:26 PM
Gold Customer

Joined: 11/9/2009
Posts: 36

Hi,

Can someone help me with a scan to look for green candles in different time frames  and a scan to find closing price of a candle 40% from the low on different time frames.

Thanks,

Bruce_L
 Posted : Monday, May 01, 2017 10:13:08 AM

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Joined: 10/7/2004
Posts: 65,138

Thank you for writing. If Color Based On is set to Open vs Close, then a Condition Formula for a green candle can be written as follows.

`C >= O`

And a Condition Formula for a red candle can be written as:

`C < O`

If Color Based On is set to Net Change, thena Condition Formula for a green candle can be written as follows.

`C >= C1`

And a Condition Formula for a red candle can be written as follows.

`C < C1`

Note that you can set the time frame of the Condition Formula when it is created or edited. You can also change the time frame from this default when using a Condition Formula as a WatchList Column or EasyScan Condition by edit the WatchList Column or EasyScan Condition.

If a closing price being 40% from the low means exactly 40% of the candle from the low:

`STOC1 = 40`

If it means at or above this value:

`STOC1 >= 40 AND H > L`

If it means at or below this value.

`STOC1 <= 40`

-Bruce
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dmalyga
 Posted : Monday, May 01, 2017 11:17:20 AM
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Joined: 11/9/2009
Posts: 36

Hi Bruce,

Regarding this formula C >= O, is it possible it can add a condition that the previous candle has to be red?

Bruce_L
 Posted : Monday, May 01, 2017 11:21:33 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Yes, please try the following Condition Formula.

`C >= O AND C1 < O1`

-Bruce
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dmalyga
 Posted : Monday, May 15, 2017 4:23:33 PM
Gold Customer

Joined: 11/9/2009
Posts: 36

How about the last condition  but for a green candle, i keep getting errors

Bruce_L
 Posted : Monday, May 15, 2017 4:26:31 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Are you getting an error message or it just not returning the kind of pattern you want?

If you are getting an error message, what is it?

-Bruce
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dmalyga
 Posted : Monday, May 15, 2017 4:31:09 PM
Gold Customer

Joined: 11/9/2009
Posts: 36

Syntax error, I just re arranged the formula.

C < O AND C1>= C1

Bruce_L
 Posted : Monday, May 15, 2017 4:38:43 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I don't know why that would generate a syntax error (but I think you want the last part to O1 instead of C1).

`C < O AND C1 >= O1`

-Bruce
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