Streak code for my momentum strategy

Algos, strategies, code
1

Hey there,
Pls help me to create a scanner using following conditions on streak platform

  1. Volume of current candle is higher than twice the average volume of previous 10 candles
  2. Current candle body size is twice the average size of previous 10 candles
  3. Adx is higher than equal to 20
  4. Rsi is above 65
  5. Current close is above 50D and 200D SMA
  6. Current candle is near or breaking important support

@Streak pls help

2

Hi @anket_hadawale

We have shared the conditions as per your requirements based on our understanding. Refer to the image below:

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image1330Ă—503 65.2 KB

Note: The condition of the current candle breaking or near important support is discretionary in nature and cannot be implemented.

Hope this helps.

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3

Scanner for support & resistance

the stock gain more than 5% from the low
and stock fell down more than 5% from the highs.

in the whole 3 months.

4

Hi @sanjay_lavudya The requirements are discretionary in nature and cannot be implemented.

5

Ok. Then can you make a scanner where stocks are consolidating at 52 week high for swing trading purpose

@Streak

6

@anket_hadawale Kindly note that the word “consolidating” is discretionary in nature hence it cannot be implemented.

However, we have shared conditions for stocks trading in the range of 5% from 52 week-high above or below. Refer to the below conditions.

image
image1060Ă—335 55.3 KB

Hope this helps.

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7

@Streak
Can we use bollinger bands as a squeezing range near 52 week high zone(5%)
My logic : if bollinger band is squeezing then we can get stocks which are in a range and ready to breakout either up side or downside
Am I right?
OR
I have another condition in my mind :grinning:
What if stock have made 52 week high recently and then fell for few days and now recovering by making round shape ema or ma ( cup like structure)

8

Hi @anket_hadawale

  1. You can add the below condition shared for BB squeeze near 52-week high. The condition will provide results for stocks that are near 52-week high and the last 10 candles BB is within the range of 3% providing the squeeze. Refer the image below:

    image
    image1501Ă—396 76.2 KB

  2. The second requirement is discretionary in nature and can’t be implemented.

Hope this helps. For further queries, you can write to [email protected] and the team shall help you.

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