Scan price close to Moving averages

Comments

• markd mod

  July 16 edited July 16

  [group is sp500] // or your choice
  
  and [weekly close > weekly sma(20, weekly close) * .98]
  and [weekly close < weekly sma(20, weekly close) * 1.02]
  
  and [weekly close > weekly sma(50, weekly close) * .98]
  and [weekly close < weekly sma(50, weekly close) * 1.02]
  
  and [weekly close > weekly sma(100, weekly close) * .98]
  and [weekly close < weekly sma(100, weekly close) * 1.02]
  
  // .98 is two percent below, or less than something
  // 1.02 is two per cent above, or greater than
  
  You will want to run this after the market close on Friday and before the market open on Monday to get "accurate" results. Or, if you run it during the week, you can use the calendar widget to set the run date for the previous Friday.
  
  If you run it during the week as of the current date and time, say Tuesday 10:30 am EDT, the scan engine will consider the most recent update (intraday or end of day) as the final weekly value even though the week is not finished yet. So you may think you have a signal on Tuesday, but by Friday it's gone. That doesn't mean you missed a signal - it means there never was a signal because the data was incomplete.
  
  

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• Jccj ✭

  July 17

  Thank you for the response

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