Scanning for PPO Line(1,3,2) and PPO Signal(1,3,2,) to Above candle on same day

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  markd mod

  January 2023

  The cross above operator is "x", which looks for situations where yesterday's value is below some level (like 0) and today's value is above some level.
  
  so
  
  and PPO line x 0
  and PPO signal x 0
  
  (you supply correct syntax)
  
  The third value I think you are looking for is PPO Hist - which is the difference between PPO Line and PPO Signal, represented by a bar (a histogram bar, not a candle) that always begins at 0 and extends either up or down from 0 depending on whether the difference between Line and Signal is positive (Line above Signal) or negative.
  
  They should all be on the same scale. So, you would add
  
  and PPO line > PPO hist
  and PPO signal > PPO hist
  
  
  If you really do mean a price candle (i.e. the indicator is overlaid on price) then you can't do that and get a meaningful result.
  
  Here's the chart school article on PPO:
  
  https://school.stockcharts.com/doku.php?id=technical_indicators:price_oscillators_ppo

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  golden123 ✭

  January 2023

  Thanks-tried what you suggest and scan results do sort out all stocks that have both of my defined lines running above the histogram bar, on the same day. Thank you for defining the histogram bars and how to run the scan. Most appreciated.

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