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Registered User
Joined: 1/28/2010
Posts: 34
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eg., to find stocks which first candle of the day is green or red in a certain time frame. Is it simply C1<O1?
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Administration
Joined: 9/30/2004
Posts: 9,187
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No, you'd have to know how many bars ago the first candle of the day was for each time frame. That number, of course, would change as the day progresses and more candles are added.
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Registered User
Joined: 1/28/2010
Posts: 34
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If I perform a simple 5 min scan (C<O) at @ 9:37 am, can I find set of stocks whose first 5 min candle is red ? Same PCF: 10 min scan @ 9:42 am, and 15 min scan @9:47am, etc?
Thanks.
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Administration
Joined: 9/30/2004
Posts: 9,187
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At 9:37am you'd need to use C1<O1 since the first 5 minute bar ends at 9:35am. Same for 10 min scan at 9:42 and 15 min scan at 9:45.
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Registered User
Joined: 1/28/2010
Posts: 34
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Thank you.
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