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.
Options

Need Help - Stocks Approaching their 9 on ema on the way down

Good morning Mark - I hope you are well. I appreciate all the work you do on this message board helping others. I am hoping I am close on my scan and the answer is simple. But here it goes.

I am looking for stocks approaching their 9ema. so I want them within 4% of their 9 ema.

This what how I wrote it. But I am not getting any results. What am I doing wrong? Thank you
1

AND [EMA(9,close) > daily close * 1.01]
AND [EMA(9,close) < daily close * 1.04]

Comments

  • Options
    Hi @samca298

    I get 65 results with this:

    [group is sp500]

    AND [EMA(9,close) > daily close * 1.01]
    AND [EMA(9,close) < daily close * 1.04]

    So the problem is not your ema vs. close conditions. It could be something in your "universe" - the selection of stocks you specified for the scan engine to look at. You may have some things that conflict - e.g. exchange is NYSE ** and ** exchange is NASD - no stocks trade on both exchanges, so you would get zero results. Or, sector is A ** and ** sector is B - no stocks belong to more than one sector, etc.
  • Options
    Thank you!
Sign In or Register to comment.