Bollinger Bands Scan

[ajai]

Hello @BenTen ,Is there is scan in tos which can identify stocks with following criteria
1.close out side the bollinger band
2.Next candle(daily)closes higher than the previous candle which closed outside the BB.

 

[rad14733]

Hello @BenTen ,Is there is scan in tos which can identify stocks with following criteria
1.close out side the bollinger band
2.Next candle(daily)closes higher than the previous candle which closed outside the BB.

To scan with default settings for the BollingerBands the Scan would be:

close > BollingerBands()."UpperBand" and close[1] > BollingerBands()."UpperBand"[1]

The Scan would use a Custom Study...

And if you only want Stocks where these are the first two candles closing above the BollingerBands you would use:

close > BollingerBands()."UpperBand" and close[1] > BollingerBands()."UpperBand"[1] and close[2] < BollingerBands()."UpperBand"[2]

Examples:

 

[ajai]

TY @rad14733 ,I tried to add the line in the default code but it does not want to paste.In your $DRI example the the candle does not close below the previous candle which closed outside the upper band though.

 

[rad14733]

TY @rad14733 ,I tried to add the line in the default code but it does not want to paste.In your $DRI example the the candle does not close below the previous candle which closed outside the upper band though.

That wasn't what you asked for, you asked for a candle closing above the previous candle that closed above the upper band...

1.close out side the bollinger band
2.Next candle(daily)closes higher than the previous candle which closed outside the BB.

What is it that you actually want...???

 

[ajai]

TY @rad14733 ,I think I was not clear before
A.for bullish set up
1.candle closing out side the lower band
2.next candle candle closing higer than the high of the previous candle.
for bearish set up
opposite of the above conditions
B.for another bullish set up
1.Candle closing out side of lower band
2.Candle crossing the midband within last 15 bars.

I appreciate your help.