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,

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

Hi Bruce,

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

Yes, please try the following Condition Formula.

C >= O AND C1 < O1

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

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?

Syntax error, I just re arranged the formula.

C < O AND C1>= C1

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