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Using KAMA with the price movement of a stock or ETF
I'm trying to set up an alert for when the KAMA goes below the current price of a stock or ETF. How do I write this?
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Comments
Stockcharts uses the "x" operator for crossovers, but it means "crosses above". The left term crosses above the right term.
I this case you want "cross below", but to get that with the "x" operator , you have to think of it as the slower term (the KAMA) crossing above the faster term (the close), even though intuitively it seems to be the reverse.
[KAMA(10,2,30) x close]
The mechanics of Technical Alerts are explained here:
https://support.stockcharts.com/doku.php?id=alerts:alert_workbench
Cross over scans are explained here:
https://support.stockcharts.com/doku.php?id=scans:advanced_scan_syntax:crossover_scans