How to build own Conditions

[esteban_rojo]

Hi!

Is it possible to scan stocks for own generated Conditions with the market scanner?

I want to tag all stock which meet for example this conditions:

Close Price > SMA 200
SMA 50 > SMA 200
Distance to 52 Week High < 30%

If yes, how can I build the conditions and how do I get it in the market scanner without scripting?

Thank you!

[NinjaTrader_AlanP]

Hello esteban_rojo,

What you could do is build the conditions into an indicator. If the conditions are present, you set a plot equal to 0, if they are not, the plot is set to 0. The plot value is able to be displayed on a market analyzer window, by adding a column>indicator>selecting your indicator. Basically you’ll have a market analyzer window open with a column which displays 1 or 0 depending on whether your conditions is present.

I have attached an indicator which contains your first condition.

Please let us know if you need further assistance.

[esteban_rojo]

Hello AlanP!

Thank you for your answer and the Indicator!
How can I build conditions into an indicator? Is it possible without knowledge of programming?
A "indicator wizard" or "indicator builder" would be great.

Thank you!

[NinjaTrader_AlanP]

Hello esteban_rojo,

You could build the conditions as a strategy and then copy and paste the code from the strategyinto an indicator, however a little knowledge of coding may be required.

I will submit a feature request for an indicator builder.

Please let us know if you need further assistance.

[esteban_rojo]

Hello AlanP!

Thank you very much!