GannSwingEquality

Optuma Forums Optuma Scripting GannSwingEquality

  • This topic has 2 replies, 2 voices, and was last updated 1 week ago by AvatarDavid.
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  • #63727
    AvatarDavid
    • Topics: 1
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    • Posts: 2

    Is it possible to write a script that would point out this GannSwingEquality on the attached chart?
    Current Upswing length is equal to Previous Upswing length.

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    #63791
    DarrenDarren
    • Topics: 66
    • Replies: 590
    • Posts: 656

    Hi David,

    You can create formulas for any swing value. When added to a watchlist column the following will give the % value of the current swing relative to the previous swing in the same direction (ie up swing or down swing).

    So GS is currently 99.07% of the previous swing up (confirmed with the Price Extension P/X label on the overlay tool).

    Capture

    Make the formula into a true/false Boolean and you can then use it in a scan, eg swing ranges within a ±2% tolerance:

    This scan of the S&P500 shows these 6 as of Monday’s close:

    Capture

    #63793
    AvatarDavid
    • Topics: 1
    • Replies: 1
    • Posts: 2

    That’s great!   Thanks so much, Darren.

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