Hello all,    Im tring to create a pcf for a 3-10-16 sma macd which would show me stocks where the macd has made a new 50 day high within the past 20 days but is now under the zero line.  Is this possible?  

If so can you also show me the opposite for a bearish play as well.    Many thanks, Bill

I am actually not sure if your request can be done in a way which is short enough and fast enough to post in the forums. We will probably need to create a Custom PCF % True Indicator and then click on it to select Create Scan Condition if it ends up being possible to check for a new 50-day high within the last 20 days. Even then, the Condition will need to be part of an EasyScan to also check for the MACD to currently be less than zero.

Are you interested in the raw MACD, its moving average signal line or the MACD histogram?

Understanding MACD

Ok thanks for responding,  

Yes I wanted the scan to check the fast line of the 3-10 macd sma ,   not the average or the histogram.

and yes I understand I will add a scan condition to check for the macd to be below zero now.

so i guess I just need a pcf that checks if the fast line has made a new 50 day high within the past 20 days.  If this is posible please let me know.

                                                                                  Thanks Bill

Start by selecting Add Indicator | Custom PCF % True Indicator to add a Custom PCF % True Indicator to the chart. Then click on the Custom PCF % True Indicator and select Edit so you can adjust the settings.

- Period: 20
- Average Type: Simple
- Boolean Formula: AVGC3.1 - AVGC10.1 > AVGC3.2 - AVGC10.2 AND AVGC3.1 - AVGC10.1 > AVGC3.3 - AVGC10.3 AND AVGC3.1 - AVGC10.1 > AVGC3.4 - AVGC10.4 AND AVGC3.1 - AVGC10.1 > AVGC3.5 - AVGC10.5 AND AVGC3.1 - AVGC10.1 > AVGC3.6 - AVGC10.6 AND AVGC3.1 - AVGC10.1 > AVGC3.7 - AVGC10.7 AND AVGC3.1 - AVGC10.1 > AVGC3.8 - AVGC10.8 AND AVGC3.1 - AVGC10.1 > AVGC3.9 - AVGC10.9 AND AVGC3.1 - AVGC10.1 > AVGC3.10 - AVGC10.10 AND AVGC3.1 - AVGC10.1 > AVGC3.11 - AVGC10.11 AND AVGC3.1 - AVGC10.1 > AVGC3.12 - AVGC10.12 AND AVGC3.1 - AVGC10.1 > AVGC3.13 - AVGC10.13 AND AVGC3.1 - AVGC10.1 > AVGC3.14 - AVGC10.14 AND AVGC3.1 - AVGC10.1 > AVGC3.15 - AVGC10.15 AND AVGC3.1 - AVGC10.1 > AVGC3.16 - AVGC10.16 AND AVGC3.1 - AVGC10.1 > AVGC3.17 - AVGC10.17 AND AVGC3.1 - AVGC10.1 > AVGC3.18 - AVGC10.18 AND AVGC3.1 - AVGC10.1 > AVGC3.19 - AVGC10.19 AND AVGC3.1 - AVGC10.1 > AVGC3.20 - AVGC10.20 AND AVGC3.1 - AVGC10.1 > AVGC3.21 - AVGC10.21 AND AVGC3.1 - AVGC10.1 > AVGC3.22 - AVGC10.22 AND AVGC3.1 - AVGC10.1 > AVGC3.23 - AVGC10.23 AND AVGC3.1 - AVGC10.1 > AVGC3.24 - AVGC10.24 AND AVGC3.1 - AVGC10.1 > AVGC3.25 - AVGC10.25 AND AVGC3.1 - AVGC10.1 > AVGC3.26 - AVGC10.26 AND AVGC3.1 - AVGC10.1 > AVGC3.27 - AVGC10.27 AND AVGC3.1 - AVGC10.1 > AVGC3.28 - AVGC10.28 AND AVGC3.1 - AVGC10.1 > AVGC3.29 - AVGC10.29 AND AVGC3.1 - AVGC10.1 > AVGC3.30 - AVGC10.30 AND AVGC3.1 - AVGC10.1 > AVGC3.31 - AVGC10.31 AND AVGC3.1 - AVGC10.1 > AVGC3.32 - AVGC10.32 AND AVGC3.1 - AVGC10.1 > AVGC3.33 - AVGC10.33 AND AVGC3.1 - AVGC10.1 > AVGC3.34 - AVGC10.34 AND AVGC3.1 - AVGC10.1 > AVGC3.35 - AVGC10.35 AND AVGC3.1 - AVGC10.1 > AVGC3.36 - AVGC10.36 AND AVGC3.1 - AVGC10.1 > AVGC3.37 - AVGC10.37 AND AVGC3.1 - AVGC10.1 > AVGC3.38 - AVGC10.38 AND AVGC3.1 - AVGC10.1 > AVGC3.39 - AVGC10.39 AND AVGC3.1 - AVGC10.1 > AVGC3.40 - AVGC10.40 AND AVGC3.1 - AVGC10.1 > AVGC3.41 - AVGC10.41 AND AVGC3.1 - AVGC10.1 > AVGC3.42 - AVGC10.42 AND AVGC3.1 - AVGC10.1 > AVGC3.43 - AVGC10.43 AND AVGC3.1 - AVGC10.1 > AVGC3.44 - AVGC10.44 AND AVGC3.1 - AVGC10.1 > AVGC3.45 - AVGC10.45 AND AVGC3.1 - AVGC10.1 > AVGC3.46 - AVGC10.46 AND AVGC3.1 - AVGC10.1 > AVGC3.47 - AVGC10.47 AND AVGC3.1 - AVGC10.1 > AVGC3.48 - AVGC10.48 AND AVGC3.1 - AVGC10.1 > AVGC3.49 - AVGC10.49 AND AVGC3.1 - AVGC10.1 > AVGC3.50 - AVGC10.50

Adding and Moving Indicators

Then click on the Custom PCF % True Indicator and select Create Scan Condition to create a Condition for the Custom PCF % True Indicator being greater than 0.

Create Conditions from Your Chart

Then add it to the same EasyScan as your condition for the MACD being below 0.

Building a Scan with Multiple Conditions

wow   thanks     hope you didnt get carpel tunnel syndrome from all that.  haha   

thanks again       Bill

You're welcome.