SCANNING FOR BOOLEAN VALUE TRUE

[Andrew]

OPTUMA SCAN SCRIPTING ISSUE

GOAL

TO CORRECT EXISTING SCAN SCRIPT

PROBLEM

EXISTING SCAN SCRIPT NOT PICKING UP ELIGIBLE CANIDATES

REQUIRED

NEED TO SCAN FOR 1 CRITERIA.

1.      5 SMA OF SLOW STOCHASTICS FOR TRUE CONDITION (BOOLEAN TRUE) SEE BELOW

CURRENT BOOLEAN STOCHASTIC SCRIPT:

// THIS SCRIPT INDICATES TRUE OR FALSE WHETHER THE 5 SMA OF STOCH (125,5,1) IS BULLISH X >60 OR BEARISH X <40  (BOOLEAN) FOR USE ON WATCH LISTS ONLY

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// THIS SCRIPT INDICATES TRUE OR FALSE WHETHER THE 5 SMA OF STOCH (125,5,1) IS BULLISH X >60 OR BEARISH X <40  (BOOLEAN) FOR USE ON WATCH LISTS ONLY

S1 = ma(stoch(TYPE=Slow, BAR1=125, BAR2=5, BAR3=1), CALC=Close);

V1 = CLOSE(S1)>=60;       //BULLISH

V2 = CLOSE(S1)<=40;       //BEARISH

SWITCH(V1,V2)

(THIS SCRIPT IS IN A WATCHLIST AND INDICATES TRUE WHEN INDICATOR INITIAL CROSS IS ABOVE 60 AND REMAINS TRUE UNTIL INDICATOR CROSSES BELOW 40 FOR A FALSE SIGNAL)

HOW TO WRITE SCRIPT SO THAT I CAN SCAN WATCHLIST FOR THE BOOLEAN VALUE TO BE TRUE ONLY (BULLISH)?

[Matthew]

Hi,

You can adjust the existing script to reference only the V1 criteria passing for use in a scan…

S1 = ma(stoch(TYPE=Slow, BAR1=125, BAR2=5, BAR3=1), CALC=Close); V1 = CLOSE(S1)>=60; V1

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S1 = ma(stoch(TYPE=Slow, BAR1=125, BAR2=5, BAR3=1), CALC=Close); V1 = CLOSE(S1)>=60; V1

[Author]

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