filter out long upper shadow candlestick - StockFetcher.com Stock Screener

StockFetcher Forums · Filter Exchange · filter out long upper shadow candlestick

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monte399 1 posts msg #157238 - Ignore monte399	7/17/2021 11:16:11 AM I am looking for a simple filtering phrase that can eliminate all the candles with very long Upper Wick/Shadow. I tried to get (Upper Shadow is shorter than the candle body) using the following phrases, but failed: (weekly high - weekly close) is below (weekly close - weekly open) weekly high minus weekly close is below weekly close minus weekly open can anyone help me? Thanks
wantonellis 161 posts msg #157239 - Ignore wantonellis modified	7/17/2021 11:39:10 AM This should work for you. Just set tail_top_true equal 0 to exclude the big top tails. It's currently set to 1 so you can see what they look like. Fetcher[ /* compute the range / set{range, high minus low} add column range / compute the tail top / set{tail_top, high minus max(close,open)} add column tail_top / compute the tail top percent / set{tail_top_pct_raw, tail_top / range} set{tail_top_pct, tail_top_pct_raw 100} add column tail_top_pct set{tail_top_count, count(tail_top_pct > 70.00, 1)} /* set tail_top_pct to desired value / set{tail_top_true, count(tail_top_count > 0,1)} / count the number of times over the last x days. currently set to 1 day / / Include or exclude / tail_top_true equal 1 / set to 1 to include - 0 to exclude */ ]

StockFetcher Forums · Filter Exchange · filter out long upper shadow candlestick

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