Scans with Bollinger bands

7481Glee

Want to scan for 5 consecutive closes either above or below my upper or lower band.

markd

Your scan has to account for all five bars for each possible situations - above upper, below upper, above lower, below lower, and those situations have to be connected by an "or" statement.

I'll give you the framework - you have to get the syntax right (using the advanced editor suggestions).

Copy this into the editor ONE LINE AT A TIME so you get the brackets right, then correct each line for syntax.

[group is sp500]

and

[
[ close > upper band]
and [ 1 day ago close > 1 day ago upper band ]
and [ 2 days ago close > 2 days ago upper band ]

etc.


]

or

[
[close < upper band]
and [ 1 day ago close < 1 day ago upper band ]
and [ 2 days ago close < 2 days ago upper band ]


etc.


]

or

[
[ close > lower band]
and [ 1 day ago close > 1 day ago lower band ]
and [ 2 days ago close > 2 days ago lower band ]

etc.

]

or

[
[ close < lower band]
and [ 1 day ago close < 1 day ago lower band ]
and [ 2 days ago close < 2 days ago lower band ]

etc.


]
]