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Hello Pete, Please see attached scanner:
RSI the lowest it has been in the past 250 days MACD the lowest it has been in the past 250 days
The issues I am facing are:
Plot under ##1 works fine by itself. However, when I run ##2 or ##3, I either get no results or I get “Script Timed Out” error after a few minutes. Plot under ##2 gave results one time only. All other times, I get “Script Timed Out” error after a few minutes.
I also tried the following method:
##4 works similarly to the above, i.e., MACD code results in a few ticker symbols, RSI code does not.
Please share some thoughts on how to make these two conditions work together. Also, if at all possible, please advise on how to check for “lowest” values of RSI or MACD starting a few days in the past – i.e., MACD should have established the yearly low in the past 2-3 bars, and should have started curling up.
Kind thanks. Attachments:
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Private answer
In the future, please include your code in text rather than a screenshot. I only get 15 minutes to provide each free solution and if I have to type out all of your code manually you get zero solution from me. The issue with the scan timing out. That has very little to do with your scan and almost everything to do with your pre-filters. Almost any scan can be made to time out if you try to run it against the entire universe of ticker symbols. Details here: https://www.hahn-tech.com/thinkorswim-scans-beginner-to-advanced/ As for your scan signals. Based on the variables you have included in your code I would write them like this:
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 Posted by Pete Hahn (Questions: 37, Answers: 4117) Answered on March 19, 2021 7:15 pm
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Simplified it. Unable to "tag" the code here. <code> declare lower; ##Daily input howFarBack = 200; ##MACD def MACDValue = reference MACD().VALUE; ##RSI def rsiValue = reference RSI()."RSI"; def rsiOverS = rsiValue <=30; ##Scanner plot scan = macdValue < Lowest(macdValue[1], howFarBack) and rsiValue < Lowest(rsiValue[1], howFarBack) and rsiOverS; </code> Marked as spam
 Posted by White Snow (Questions: 1, Answers: 1) Answered on March 20, 2021 4:20 pm
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