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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - StockFinder 5.0 » Proximity to moving average

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piyushk
Posted : Friday, August 29, 2008 1:22:53 PM
Platinum Customer Platinum Customer

Joined: 12/20/2005
Posts: 13
 How do I scan for stocks within a certain % or number of points to a moving average..say the 50 sma?
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Michael_T
Posted : Tuesday, September 2, 2008 12:08:30 PM


Worden Trainer

Joined: 10/7/2004
Posts: 710

I've created a Layout called Close near MA (access by clicking on Share in Blocks, type in Close near MA, choose Layout tab and double click to open in your Blocks. Save by using the Save icon in the top menu of your layout).

There are two conditions/scans. The first is looking for stocks whose close is within 1% of the MA (above or below). In this condition, you'll need to left click on the condition, choose Edit Real Code and change the percentage within the RealCode.

The second is looking for stocks whose close is within 1 point of the MA (above or below). In this condition, you can simply left click on it and choose the number of points in the edit menu.
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