Introduction
The Screener (PAC) is a useful tool able to return recent information from various features in the Price Action Concepts™ toolkit for up to 10 user set tickers with customizable timeframe.
In order to use the screener the best way possible it is first advised to fully understand the Price Action Concepts™ toolkit.
Provided below are pages describing all key features included.
Having access to the Price Action Concepts™ will automatically grant you access to the PAC screener.
Tickers
Users can change tickers as well as their respective timeframes from the screener settings. Default tickers include:
- BTCUSDT
- ETHUSDT
- SOLUSDT
- ADAUSDT
- SPX
- AAPL
- TSLA
- NVDA
- EURUSD
- GBPUSD
The default timeframe used for all is the user chart timeframe. Supported tickers includes all tickers available on Tradingview (note that this availability can be affected by your Tradingview plan).
Users can also use the same ticker but different timeframes, allowing to perform multi timeframe analysis of the Price Action Concepts™ toolkit. However, duplicated tickers with the same timeframe will result in the duplicate ticker to not appear on the screener.
Display
Users are offered a high degree of freedom when it comes to the placement of the screener. By default, the screener is located on a different pane, with the options to select the following positions:
- Top Center
- Top Right
- Top Left
- Bottom Center
- Bottom Right
- Bottom Left
It is also common for more compact screeners to be directly on the price chart, this is possible with this screener by drag and dropping it to the user chart, or by moving it to the existing pane above assuming the screener is in a pane below the price chart.
Notes
Tradingview is not a friendly environment when it comes to running more complete screeners, this cause various limitations showcased below:
Computation
The computation of a screener on Tradingview is very intensive, as such you can expect rare calculations timeouts. When this occurs simply force the screener recalculation by modifying one setting or adding the screener again to your chart.
Inconsistency
It is possible to observe inconsistencies when observing the screener on a chart with a specific symbol due to screener tickers having being on different market.
The crypto market operates 24/7 while stock markets have opening and closing times, this can cause the screener to return different information when observing it from a cryptocurrency or stock/currency pair.