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rbayliss40
Posted : Thursday, February 15, 2018 8:43:53 AM
Registered User
Joined: 8/30/2011
Posts: 161

Im trying to make an indicator on a 15 min chart

so far i have c=>0+(o*0.05) 

this works fine on daily time frame but when i lower it to 15 min i get nothing, just a flat line , can you help

StockGuy
Posted : Thursday, February 15, 2018 9:04:51 AM

Administration

Joined: 9/30/2004
Posts: 9,187

I don't understand the formula. Why are you adding zero to O*.05?

Are you trying to find stocks where the close is at least 5% above the open?

C >= O*1.05

rbayliss40
Posted : Thursday, February 15, 2018 9:38:59 AM
Registered User
Joined: 8/30/2011
Posts: 161

it isnt 0 its o (letter O )

so the close is greater than the open by a min of 5% 

i was going to run it on a 15 min chart and look for popping stocks

StockGuy
Posted : Thursday, February 15, 2018 9:45:36 AM

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Joined: 9/30/2004
Posts: 9,187

On a 15-minute chart the stock would have to be up 5% or more from the open of the latest bar.

rbayliss40
Posted : Thursday, February 15, 2018 10:08:54 AM
Registered User
Joined: 8/30/2011
Posts: 161

ok thanks ill run it again now market has been open for a while 

Bruce_L
Posted : Thursday, February 15, 2018 10:11:17 AM


Worden Trainer

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

Keep in mind that O the open of the bar, not the open of the trading day. You can't mix time frames in a single formula.



-Bruce
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