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Scalping with 10/20 EMA Crossovers PCF needed Rate this Topic:
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nikolail
Posted : Friday, November 23, 2007 4:46:30 AM
Registered User
Joined: 8/21/2007
Posts: 58
Hi Wizards of TC,

I need a pcf for a 10 day EMA, but unlike other pcf's in the discussion this needs to produce a boolean number as I need to make a custom indicator from it. Can you help?

Basically, I want to be able to use Sort By in Realtime (5m) to identify shares where 10EMA just crossed 20EMA. It's a shame we can't use EasyScan on such a time frame, hence will have to go for Sort By.

I figured one way to do this is to create a Custom indicator which will have some kind of joined formulas for both 10EMA and 20EMA, possibly equating to a number of above or below zero or something like that that I can sort by later (I haven't figured this out yet, but I'm sure it can be done).

As you are just the geniuses in this kind of sphere, can you help me bring this idea into life?

nick
nikolail
Posted : Friday, November 23, 2007 11:40:19 AM
Registered User
Joined: 8/21/2007
Posts: 58

Hey guys don't bother answering this, its pretty simple as i realised its just XAVGC10-XAVGC20, then just sort by that.

not worth your time this one

nikolail
Posted : Friday, November 23, 2007 12:09:48 PM
Registered User
Joined: 8/21/2007
Posts: 58

If anyone else is reading this post apart from me, then for your benefit, a better formula is:

ABS(XAVGC10/XAVGC20)

Use Sort By this indicator in real time and you can spot EMA crosses much quicker.

nick

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