Registered User Joined: 11/7/2009 Posts: 14
|
I've checked a bunch of the discussions and postings about PCFs but I haven't seen anything that might allow me to "scan" for when MULTIPLE moving averages are simply CLOSE to each other, vs. actually being or crossing above/below.
For example, the 10, 20 and 50 Day Simple Moving Averages are within 1% of each other ,or 2% of each other (in a tightening/overlapping range). Similar to Bollinger Bands getting narrow prior to a breakout/breakdown, I'm interested in doing this for 3 moving averages.
Any advice, insights or formulas would be greatly appreciated.
Thanks!
|
Registered User Joined: 9/17/2010 Posts: 484
|
This was in one of the Tuesday night Webinars:
AvgC20 >= AvgC50*0.99 and
AvgC20 <= AvgC50*1.01 and
AvgC100 >= AvgC50*0.99 and
AvgC100 <= AvgC50*1.01
Gives you 20, 50 and 100 Averages within 1%
|
Registered User Joined: 1/28/2005 Posts: 6,049
|
See my 1-18-2007 post.
http://forums.worden.com/default.aspx?g=posts&t=18942
for Guppy moving averages.
Thanks
|
Registered User Joined: 11/7/2009 Posts: 14
|
I haven't tried them yet, but they look reasonable and workable. THANK YOU!
|