Registered User Joined: 2/2/2017 Posts: 2
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hello bruce,
i like to measure the distance between price to a ema in % or between two ema‘s in %
how could i create the scan?
br
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The following formula returns how far price is above or below its onw 10 period exponenital moving average as a percentage of the 10 period exponential moving average.
100 * (C / XAVGC10 - 1)
The following formula returns how far the 12 period exponential moving average is above or below the 26 period exponential moving average as a percentage of the 26 period exponential moving average.
100 * (XAVGC12 / XAVGC26 - 1)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/2/2017 Posts: 2
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thanks, bruce
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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