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monthly scans

fwsfws ✭
in Scanning
Hi, can anyone tell me what's wrong with this? I'm a noob...

[type is stock]
and [exchange is NYSE]
and [MONTHLY SMA(100,CLOSE) > MONTHLY SMA(200,CLOSE)]
and [MONTHLY SMA(50,CLOSE) > MONTHLY SMA(100,CLOSE)]

Comments

  • markdmarkd mod
    You need to add the "MONTHLY" modifier to the "close" parameter inside the bracket also.

    Every data item needs a modifier for time frame - the scan engine defaults to "daily", but it is customary not to show default values when the default is what is meant - a shortcut held over from the early days of computing when space was precious. Nowadays, it's just confusing.

    So, do this for all you sma terms

    MONTHLY SMA(100,MONTHLY CLOSE)
  • lmkwinlmkwin ✭✭
    100 months is over 8 years. 200 months is over 16 years.

    You probably want to shorten those numbers to reflect Months and not days.
  • fwsfws ✭
    great, thanks for the help
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