RENKO DMA Cross_ Error in System Builder
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I was testing DMA Crossover condition with System Builder. Tested some sample with Scanner as well.
But found the condition is giving lot of false or no signals. Basically in-consistent results..
I have tried with my conditions as well as using Pre-built conditions from Public systems. Found error there as well.
Earlier though that some error from my side, but later found it is system giving in-consistent results.
Attached the results from Public scanner and sample manual testing of charts.
Here system gives zero satisfied results, while manual browsing gave much more results.Same observed while testing some Alerts based on conditions for OHLC as well as.
Need to get corrected the conditions for this EMA Crossover logic in all charting formats (at least OHLC and RENKO).
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Few of the Names, which met the conditions were NHPC, MRF, Brittannia, FInCables, PNB, scaeffler, siemens, VBL.
Kindly look at the conditions and logic. The conditions are fromRenko - public scanner listed by the name "DMA Crossover - Bullish" as below.
Hope it helps to correct.
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Examples are BHEL, BankIndia, BEL, CANBK, ESCORTS ... may not be mentioned above (they are for 1 % Brick size)
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Someone from the team will connect with you shortly as we need a clear understanding of the issue you are facing while using the system.
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We made an attempt to contact you on your registered mobile number regarding your concern, but we were unable to connect. Please verify that the MA type in the system and chart are same (either EMA or SMA).
We wanted to confirm this, hence tried to get in touch with you.
If you have any further queries you can reach us at 020-61923200. -
Hi Neha,
Sorry missed the call. Was busy.
About the issue.
I used standard setup/System available in Public System Builder System. All default parameters taken. So all parameters can be verified by anybody. Even the screenshot of the system is posted in above message. So very much simple to verify. -
This post is deleted!
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scanner used is
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this is 1 min chart with same setup
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The system scans only current and previous bricks. Also, it does not scan historical crossovers. In order to investigate further, it would be better if you allow the team to check your system via AnyDesk
