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.

% below MA

Can anyone direct me to a scan formula that would provide for price to be below "1%"of a "ema"moving average please. Thanks in advance

Best Answers

  • markdmarkd mod
    edited January 2015 Answer ✓
    Do you mean anywhere below 1% of the ema, whether it's 10% below or 70% below, or right around 1% below ema, give or take?

    anywhere below 1%

    and [close < ema(x)*.99]

    right around 1% below

    and [close > ema(x)*.985]
    and [close < ema(x)*.995]

  • lyndenlynden
    Answer ✓
    Thank you Mark
Sign In or Register to comment.