gannswing turn up

Optuma General Discussion
1

Hello,
I have just started scripting. I want to write a script to scan stocks intraday in a 5 min timeframe
to return stocks where the Gann Swing has just turned up—bullish —coinciding with a bullish
moving average crossover of 10 and 40 period exponential moving averages.
I want both the signals to occur within 2 bars of each other

I tried

V1 = MA(BARS=10, STYLE=Exponential) ;
V2 = MA(BARS=40, STYLE=Exponential) ;

V3= (V1 CrossesAbove V2):

V4=(GANNSWING(SWINGCOUNT=1,USEINSIDE=FALSE) TURNSUP ) ;
V5= SIGNALAFTER(V4,V3);
V5;

But it doesn’t seem to work very well. Where am I going wrong?

Awaiting your reply,

Regards,

Nilima

2

Try this:

S1=GANNSWING();
V1 = MA(BARS=10, STYLE=Exponential) ;
V2 = MA(BARS=40, STYLE=Exponential) ;
V3=V1 CrossesAbove V2;

V4=S1 TurnsUp;
V5=SIGNALAFTER(V3,V4);
V5

In the example below, V3, V4, and V5 have been plotted separately so you can see the signal only occurs after the moving average crossover:

image
image1469×923 35.9 KB

3

Thank you-- I will try this script out.
The GannSwing chart referenced in this script-- is it the 3 bar GannSwing?

1)Supposing I want to change the 3 day swing to some other number—how does one do that in the script?

  1. Supposing I wish to add another condition to the scan – that is CCI(20) >35
    How do I do that?
4

It’s a 1 bar swing. To change the parameters for any scripting function click on the text to open the properties:

image

To learn more about scripting see the tutorial courses here: