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Hi there Pete, I need help building a simple moving average based price action scanner. Two time frames are concerned 4H and 1H. I am looking for an entry confirmation on the 1H, while the 4H is doing something. 4Hour: -34 SMA is above the 13 SMA (by at least 4% of price, though not important) -The latest 4H candle has closed above the 13SMA, and below the 34SMA -candle is bullish 1Hour: -13 SMA is above the 34SMA
Ideally, SMA and time frames are changeable to other values. Can you please help? Willing to purchase fully working scanner.. Thank you. Have added pics to clarify. Attachments:
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Scans consisting of multiple time frames are much easier to construct than the average user realizes. The reason for this is that on Thinkorswim it's impossible to combine multiple time frames in the same Study Filter. Wait, what? Yes. You need to see an example to understand what I just described? Here you go: https://www.hahn-tech.com/thinkorswim-mtf-macd-scan/ So now that you know how to construct a scan based on multiple time frames you can build everything you have described in your request using the Condition Wizard: https://www.hahn-tech.com/thinkorswim-condition-wizard/ The only detail you cannot easily achieve using the Condition Wizard is the "by at least 4% of price", which you listed a not important. So take some time to learn how to use the Condition Wizard and you will be amazed by all the different types of scans you create without having to right one line of code. Marked as spam
 Posted by Pete Hahn (Questions: 37, Answers: 4118) Answered on July 16, 2020 8:22 am
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