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Price within percent of ma?

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ejhernandez

Posted : Monday, April 28, 2014 10:21:08 AM

Registered User
Joined: 1/31/2005
Posts: 10

Hi,

I'd like to be able to scan for the instance of a price within 10 percent of its xavg180. I would also like the xavg to be trending higher over say 30 days.

Thanks

Bruce_L

Posted : Monday, April 28, 2014 10:41:56 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

A Condition Formula for price being within 10% of its 180-period exponential moving average can be written as:

ABS(C / XAVGC180 - 1) <= .1

Adding a requirement that the current XAVGC180 be greater than 30 bars ago can be written as:

ABS(C / XAVGC180 - 1) <= .1 AND XAVGC180 > XAVGC180.30

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-Bruce
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ejhernandez

Posted : Monday, April 28, 2014 11:49:48 AM

Registered User
Joined: 1/31/2005
Posts: 10

Thanks for the quick response

Bruce_L

Posted : Monday, April 28, 2014 11:50:23 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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