New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Need a scan that will show a close above 1 week SMA
what have {weekly SMA(18,weekly volume) >40000, Thanks in advance
Comments
So you'd select the Close from the Price drop down and the SMA from the Technical Indicators dropdown. Then change the Close to Weekly Close. Change the Volume in the SMA to Close and the period to 1, add weekly in fron of SMA and weekly in front of close and see what you get.
It would look like this but this is not formated with parenthesis and brackets.
weekly close > weekly SMA1,weekly close
weekly close x weekly SMA1,weekly close
so what I have is [weekly close X SMA(18,weekly close)]
A couple of notes.
You also need to specify a "universe" - a group of stocks that have something in common - like
[group is sp500]
or it could be a set of characteristics like
[[exchange is NYSE] or [exchange is NASD]]
and [market cap > 1000]
and [sma(20, volume) > 50,000]
or something similar. That should come first, at the very top of your scan. And then add your setup condition:
and [weekly close x SMA(18,weekly close)]