Hi Traders,
I am now developing an idea I have, to monitor some stocks I am interested in
I have a watch list of several hundred stocks including the major stocks and each day
I check the closing price of these stocks in my watch list ( after the markets close) to see
IF THE STOCK VIA ITS TICKER SYMBOL IN MY WATCH LIST IS IDEALLY FULFILLING ALL OR SOME (ESPECIALLY THE CLOSING PRICE AT OR ABOVE/BELOW THE 3 PERIOD EXPONENTIAL MOVING AVERAGE ) OF THE FOLLOWING CONDITIONS (A) OR (B)
(A)
-- The closing price is at or above the 3 period Exponential Moving Average and
----The 8 period Exponential Moving Average is below the 3 period Exponential Moving
Average and
-- The 20 period Simple Moving Average is below the 8 period Exponential Moving Average
OR THE INVERSE OF THESE THREE CONDITIONS
OR (B)
-- The closing price is at or below the 3 period Exponential Moving Average and
----The 8 period Exponential Moving Average is above the 3 period Exponential Moving
Average and
-- The 20 period Simple Moving Average is above the 8 period Exponential Moving Average
Any ideas on how to SCAN MY WATCH LIST quickly each day to see if the either the conditions(A) or (B) are being fulfilled ?
Does it have to be done via StockCharts?
Really waiting in anticipation for your reply.
Many Thanks
Kind regards
Zafar
email address
[email protected]
Answers
Really appreciated
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