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Registered User
Joined: 1/29/2005
Posts: 9
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Where can I find a scan to show stocks bouncing off the 50 day moving average?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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A few questions to be sure I do this correctly for you...
1. Is your MA simple or exponential?
2. What makes something a "bounce"? I need you to elaborate on this.
- Craig
Here to Help!
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Registered User
Joined: 1/29/2005
Posts: 9
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MA is simple.
A bounce is using the 50 day ma as support.It may touch it or come close to it , then rise above it again.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I need to know how you want to define "close to it" exactly.
I also need to know how long ago you want to allow the "close to it" to happen before you abandon the pattern.
- Craig
Here to Help!
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Registered User
Joined: 1/29/2005
Posts: 9
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For "close to" let's say touches it (or equals.
How about yesterday (today-1). Will that work?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Sure. Try this:
L1<=AVGC50.1 AND H1>=AVGC50.1 AND L2>AVGC50.2 AND L>AVGC50
- Craig
Here to Help!
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Guest-1 |