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Ranking stocks by Percentage above a moving average

slikjunk
slikjunk ✭
in Scanning
How do I rank a group of stocks/ETF's by the percentage above a moving average?

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Answers

  • markd
    markd mod
    The rank by statement is intended rank results by simple indicator values or ticker properties. It does not accept arithmetic operations like addition, subtraction, division or multiplications, even though the scan engine usually does not flag them as an error.

    That said, you might be able to make an indicator do what you want. See @lmkwin 's answer to

    http://scan.stockcharts.com/discussion/comment/4028#Comment_4028

    You might be able to use

    rank by PPO(1,200,1)

    I haven't tried this, so test it out.
  • slikjunk
    slikjunk ✭
    Thanks to both responders.

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