Need Help - Building a new scan using SPY or $SPX as a filter

doeliu1125

I got stuck in building a scan using SPY (or $SPX) as a filter.

1) The close the SPY is above EMA (50) + 2 ATR (20)
2) The close of the stock is the highest of the last 50 days. I guess MAX function shall do the purpose.
3）Average daily dollar volume over the last 20 days is > $50M. I willuse liquidy formula to prescribe the condition

Appreciate if anyone can provide me with guidance.

markd

Scan conditions have to be true for all symbols in the scan universe (all symbols by default, or symbols that meet some criteria you have specified, e.g. [group is sp500], [group is IndustrialSector], [market cap > 10000], etc.]

If you specify a symbol in the scan = e.g. [symbol is SPY] and [ema(50) > ....] , then the scan will only look at SPY because that is the only symbol that satisfies that condition.

So, you would have to use 2 scans, one for SPY alone to see if it meets your condition, and then a second scan against whatever universe you choose for the remainder of your conditions.