GoNoGo Functions

There are four functions associated with the GoNoGo tool module:

• GNGOSC() for the Oscillator
• GNGSQUEEZE() for the Squeeze values
• GNGTREND()* for new Go / NoGo signals
• GNGTRENDPRO() for new Go / NoGo signals, status, and icons

*Note: The GoNoGo Trend tool and GNGTREND() function are available for free to all clients

GNGOSC()

This function calculates the value of the oscillator, with the Blue and Aqua outputs having a value of 1 when the condition is true.

For stocks with an oscillator value > 2 and coloured blue:

GNGOSC() > 2 and GNGOSC().Blue

GNGSQUEEZE()

To scan for stocks with a squeeze value of 6:

GNGSQUEEZE().Squeeze6

GNGTREND()

This function will display a value of 1 for a new Go signal, or -1 for NoGo. To scan for new Go and NoGo signals:

GNGTREND() <> 0

GNGTRENDPRO()

This function contains the outputs to identify the current GoNoGo status (Strong Go, Weak Go, Go Fish, Weak NoGo, Strong NoGo) and also the arrow and circle icons.

Use the following to scan for the status use the corresponding bar colour:

GNGTRENDPRO().Blue for Strong Go

GNGTRENDPRO().Aqua for Weak Go

GNGTRENDPRO().Orange for Go Fish

GNGTRENDPRO().Fucsia for Weak NoGo

GNGTRENDPRO().Purple for Strong NoGo

In a watchlist, use GNGTRENDPRO().Status to automatically display the label and colour:

The following can be used to identify the icons:

GNGTRENDPRO().GreenCircle

GNGTRENDPRO().RedCircle

GNGTRENDPRO().GreenArrow

GNGTRENDPRO().RedArrow

In a watchlist, use GNGTRENDPRO().Icon to automatically display the icon label and colour: