Close less than Ichimoku Kijun plus ATR


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Having difficulty creating the third and final condition of a TOS scan whereby the Kijun value + 1atr <= closing price.

My definition of the atr = 14 standard

The whole scan is as follows:

  1.  price closes above kijun
  2.  William %R (8periods) > -20
  3.   The closing price is <= 1atr  above the kijun or   kijun + 1atr <=closing price.   (This has me stumped so far)

Please advise.

Thanks for your assistance.

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Posted by (Questions: 1, Answers: 0)
Asked on October 17, 2021 11:26 am
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Private answer

I updated the question title so that it more accurately describes the context of your request.

The following scan will find any stocks in which the current close is within 1 ATR above the Kijun plot of the Ichimoku study. (defaults parameters are used since none were provided.

plot scan = close <= Ichimoku()."Kijun" + ATR();

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Posted by (Questions: 37, Answers: 4079)
Answered on October 18, 2021 8:40 pm