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Ask a Trainer - TC2000 version 12/18
XAVGH34 Not Providing Correct Value, please advise
I am using XAVGH34 as part of a condition in a scan and it is not providing the correct results do the value of XAVGH34 not being correct. The condition in the scan is C > XAVGH34. When I test this for example against instrument SPAR it evauates to true (15.25 > 14.18), however, the actual value of XAVGH34 is 15.39, not 14.18 as shown in the test.
Please let me know what I am doing wrong. Do I need to wait until close of trading?
What time frame are you in? I currently get the following in a daily time frame (which matches up with the charts exactly).
15.35 > 14.86 = True
Are you sure the EMA on the chart isn't something shorter (like 8), applied to another moving average instead of price, and that you are scrolled all the way to the right?
Thanks Bruce! I was using EMA 34 and meant to use EMA8 - my bad :(