Pullback Scan

"OR" conditions are tricky.

See if this re-grouping does it. I've added a pair of brackets around the two lines of the first "or" condition and another pair around the four lines of the second "or" condition.

P.S. I only checked the brackets, not the logic of each line.


[type is stock]
and [country = US]
and [ [exchange is NYSE]
or [exchange is NASDAQ] ]
and [Volume > 500,000]
and [Close > 10]
and [Close > sma(20)]
and [Close > sma(50)]
and

[ // begin "or"

[ // first "or" group

[Low IS BELOW 1 day ago low]
and [1 day ago Low IS BELOW 2 days ago low]

] // end first or group

or

[ // begin second "or" group

[Low IS BELOW 1 day ago low]
and [1 day ago Low IS BELOW 2 days ago low]
and [High IS BELOW 1 day ago High]
and [Low IS ABOVE 1 day ago Low]

] // end second or group

] // end "or"

I do it my way because I think its easier to read.

If your version has the same placement of brackets, then it's the same.

The slashes // are comment symbols, meaning the scan engine does not read anything after // on the same line.

Also, the scan engine allows blank lines - it figures out where the opening and closing brackets are and which goes with which even across multiple lines. So you can space out the scan lines as I did for readability. But everyone is different and your way is fine if it works for you.

I was going to say "IS BELOW" is not allowed but when I pasted the scan into the workbench it produced no errors. But as @lmkwin says, there are some quirks sometimes, apparently.