Scanning Peak/Troughs

[forum]

[yahoo message 1963]

The scanner is a realtime scanner so it scans at the very last data point.
It could be that the crossover is a >= so once the values match, the
scanner will be triggered.

You can add some tolerance so the crossover has to be above the
tolerance before the scanner is triggered.

If you need more help, please supply us the scanner
file (if you prefer, private) and we will take a look at it
because there are multiple ways of doing what you
described in NeoTicker.

-----------------
Louis Lin
TickQuest Inc www.tickquest.com


----- Original Message -----
From: "ingopan" <hemm@z...>
To: <neoticker@yahoogroups.com>
Sent: Saturday, May 18, 2002 10:02 AM
Subject: [neoticker] Breaking of Peaks and/or Troughs


> Hi!
>
> I tried to write a technical scanner in neoticker, that allows me to
> scan for broken peaks, troughs on a 10m intraday chart.
>
> I used the Swing High/Low Indicator for it with vars of 1,5,10. The
> visible results are quite goood and i therefore took a 3 EMA of the
> chart to filter out the wiggles. So i implemented the cross over
> indicator to the scan parameters. But the scanned results are - not
> true, at least what i see in thwe charts. The scanner is always
> printing out stocks, that are AT the swing high/low indicator line.
> NOT above them. Any1 has an idea why? or is there any1 who has had a
> similar idea?
>
>
> Grreetings Ingo