CMF negative and improving

Sierragrande

How would i write a scan that has a negative CMF score & today's CMF is less than yesterdays ? (improving). Additionally, RSI less than 35 ?

markd

These are pretty simple conditions, so you can put this together pretty easily.

On the Advanced Chart Workbench, find the "Technical Indicators" dropdown in the "Scan Builder" section of the page.

When you open that up, slide down until you find CMF, select it and click on "Insert".

Adjust the comparison operator to what you want (>, <, =, >=, <=, etc.)

Then compare today's CMF to yesterday's. Today's CMF is default value, so just write CMF(20) for today. To get yesterday's CMF, use "1 day ago CMF(20)".

Same thing to insert RSI.

Also check out the "Instructions" link and the "Understanding Scans" link at the bottom of the Advanced Scan page. Also check out the video link on the support page. There are several good videos on scan building.

gord

Just take it one step at a time.

[type = Stock]
and [country is US]
and [RSI(14) < 35.0]
and [1 day ago CMF(20) < 0.0]
and [today CMF(20) > 1 day ago CMF(20)]

The last line might look a little funny, just remember -2 is greater than -4, ie less negative.

Sierragrande

Ok Thank you for your help Mark !