Reply To: Bullish Combination Scan

Optuma Forums Optuma Scripting Bullish Combination Scan Reply To: Bullish Combination Scan

#63756
MatthewMatthew
  • Topics: 5
  • Replies: 366
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Hi,

You can use functions like ROC() to find the % change from day to day, then setup a script to look for increases.

Something like this would work (using a 5% change as an example):

Ex8

If you wanted to make sure the previous day was not also a high % increase you could include the following:

The above would only trigger if the current bar had a Rate of Change higher than 5% but the previous bar was lower than 5%. You can use this same type of offset on the variable (V1[1]) to compare bars going back further (V1[2] V1[3] etc).

If this isn’t what you are after please provide a screen shot example of the setup on a chart with more information and I can add additional details here.

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