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I was told that creating intraday scans is possible in stockcharts but I can't seem to get it to work. Here is what I have done wrong to date. I want to create a scan that tells me on a 1 hour chart when price has closed above both the daily and 10 day average for the first time. I would like to run this scan at the top of every hour and see what it shows me.
To create a 1 day average I use a 7 sma on a 1 hour chart. The market trades for 6 and a half hours a day but produce 7 candles on a one hour chart in a day. I then use a 70 sma to create the 10 day average. This is so much simpler to produce in the forex market where you use a 24 sma on a 1 hour chart and I firmly believe this is what financial institutions use for their short term trading. Look at chart after chart and you will see what I mean.
Anyways, I tried using a 7 and 70 sma and scanned at the top of every hour. It did not work and there would often be several candles that closed above both averages before it was picked up in the scan. I then tried using a 1 and a 10 sma and it would not populate any data for me using those parameters.
Can anyone tell me what I am doing wrong?