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I'm trying to set up an alert based on Joe Duarte's simple buy and sell signals. $NYAD crosses above or below the 50 DMA and the RSI is above or below 50. Can anyone help me with that?
Select the Ticker Properties "Name" Put your symbol in there.
Select the MA of choice from the Technical Indicators dropdown
EMA defaults like this:
and [EMA(50,volume) > 9999999]
you will need to modify this statement to look at the close price so:
and [EMA(50,close) > 9999999]
Then you are looking at a comparison of the close vs the 50 dma for a cross up.
and [close x EMA(50,close)]
The close crosses above the 50. statement on Left of the x rises above the statement on the right of the x.
Select the RSI from the technical indicators dropdown and change the default to your specification.
This is your bullish alert
Bearish alert would be to change the cross and rsi statement to the appropriate setting
so EMA x close. rsi < 50
if you get stuck, post your scan code for troubleshooting by someone here.
You can also test the code by copying and pasting the code into the scan workbench and running it. To test it change the x to a > or < to match up with where the $NYAD is now to see it return a result.
The alert will notify IF there is a result that meets the alert code. The scan you can play around with to get to where you want it to be.