Registered User Joined: 5/31/2014 Posts: 3
|
Does anyone know a formula we can use for a scan that lets us know when a price crosses a moving average up or down?
|
Worden Trainer
Joined: 10/7/2004 Posts: 65,138
|
I'll use a 20 period simple moving average as an example. Crossing up could be written as follows.
C > AVGC20 AND C1 <= AVGC20.1
Crossing down could be written as follows.
C < AVGC20 AND C1 >= AVGC20.1
Crossing in either direction could be written as either:
(C > AVGC20 AND C1 <= AVGC20.1) OR (C < AVGC20 AND C1 >= AVGC20.1)
Or as:
SGN(C - AVGC20) <> SGN(C1 - AVGC20.1)
-Bruce Personal Criteria Formulas TC2000 Support Articles
|