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language for the following

1875kyle
1875kyle ✭
in Scanning
all etfs where the weekly charts show the 10 day sma crossing over or under the 50 day sma ( or within a few % )

Best Answer

  • markd
    markd mod
    Answer ✓
    I just re-read your request - I thought you were asking for weekly ma crossovers.

    I see you are asking for daily crossovers on the weekly chart. I'm not sure what you mean by that.

    You can approximate the 10 day sma as the 2 week sma, and the 50 day as the 10 week sma on the weekly chart, but the results will not be identical to 10 day and 50 day sma crossovers on the daily chart.

    If you want crossovers on the daily in your scan, edit out "weekly".

    If you want to try 2 week and 10 week ma crossovers, change the 10 to 2 and the 50 to 10.

Answers

  • markd
    markd mod

    // begin scan
    [group is etf]
    and

    [

    [weekly sma(10, weekly close) x weekly sma(50, weekly close)]

    or

    [weekly sma(50, weekly close) x weekly sma(10, weekly close)]

    ]

    // end scan


    NOTE: for accurate results, you have to run it after the last close of the week and before the first open of the following week.
  • 1875kyle
    1875kyle ✭
    Thank you sooo much for taking the time to do this- It is very much appreciated. Al Richie

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