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RENKO DMA Cross_ Error in System Builder

Scheduled Pinned Locked Moved Suggestions & Feedback
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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #1

    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. Scanner dma.JPG brit.JPG
    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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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #2

    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.
    image.png

    Hope it helps to correct.

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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #3

    Examples are BHEL, BankIndia, BEL, CANBK, ESCORTS ... may not be mentioned above (they are for 1 % Brick size)

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  • Neha Pandey Offline
    neha.pandey@definedge.comN Offline
    Neha Pandey

    Definedge

    wrote on last edited by
    #4

    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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  • Neha Pandey Offline
    neha.pandey@definedge.comN Offline
    Neha Pandey

    Definedge

    wrote on last edited by
    #5

    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.

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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #6

    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.

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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by [email protected]
    #7
    This post is deleted!
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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #8

    scanner used is

    image.png

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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #9

    this is 1 min chart with same setup

    image.png

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  • Neha Pandey Offline
    neha.pandey@definedge.comN Offline
    Neha Pandey

    Definedge

    wrote on last edited by
    #10

    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

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