I am sharing a script that screens Euronext Paris stocks for Probable Breakout Buy signal and Stop-Reverse Buy Signal. This script may prove to be useful to traders who trade Euronext Paris listed stocks.
I have already shared the script "PriceCatch Signals Buy Signals" that marks the following levels on the chart.
Probable Breakout Buy Level
Stop-Reverse Buy Level
While the script "PriceCatch Signals Buy Signals" can be used independently, this script is intended to be used with the script "PriceCatch Signals Buy Signals". Used together, these two scripts may help you identify probable buy opportunities. The purpose of this script is to help screen stocks quickly without manually going through every stock in your watchlist.
Please read the Notes of the script "PriceCatch Signals Buy Signals" for explanation of its functionality.
Stocks Set As Tradingview limits the number of security function calls, to get around, you have to select Set1 to screen first set of 25 stocks and then select Set2 to screen next set of 25 stocks.
List of Euronext Paris stocks
ACA AI AIR ALCRB ALGAU ALO ALONC ALVTX ATO BN BNP CA CLA COFA CS DBG DG EDF
EL ELIOR EN ENGI ETL FDJ FR FTI GET GLE MCPHY OR ORA POXEL PUB RI
RNO RXL SAF SAN SGO SMCP STLA STM SU TE TTE VIE VIV VK VLA WLN
Chart resolution vs. Script resolution I have noticed that if the chart resolution is set to 15 minutes time-frame and the screener resolution is selected as 2 Hours, then the results are correct. However, if the screener resolution is set to 5 minutes, then the results are not accurate. This is not an issue with script. So scanning higher time-frames from a lower time-frame chart works better. My advice however, is better to set the chart resolution to the same interval as screener resolution for sure results.
As usual with price action, longer time-frames produce more reliable signals.
NOTE - PRIOR TO USING THIS SCRIPT Please remember that the script is shared with absolutely no assurances about usability and any warranties whatsoever and as a responsible trader, please satisfy yourselves thoroughly and use it only if you are satisfied it works for you. Remember, you are 100% responsible for your actions. If you understand and accept that, you may use the script.
QUERIES/FEEDBACK Please PM me.
Regards to all and wish everyone all the best with trading.
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