I am new to the Streak …i am creating one scanner where 1st condition is days first candle of 5 min should be bullish (close is greater than open). how can i state this condition .in streak.
@Streak can you.
not getting your point
Tagged Streak, so they can help you with this
You can use this condition
Opening Range (Close, 5min) higher than Opening Range (Close, 5min)
but i cannot use 5min opening range in daily time frame
any way around this ?
You Opening Range timeframe should be larger or equal to the strategy base timeframe. So you can use a 5min opening range with 1min and 5 min strategy base timeframe. A 15min range can be used with a 1,3, 5 and 15 min base timeframe but not with 30min or 1hr.
A 5min range cannot be used with a 3min timeframe because a 5min candle cannot be created from 3min candles. Two 3min candles creates a 6min candle.