Registered User
Joined: 6/9/2009
Posts: 5
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With Stockfinder 5 I created an indicator to show when the price of a stock is above its 50 day moving average. It plotted on the chart correctly, painting the bars when the stock was above that average.
I then made a market indicator out of that condition using the Nasdaq 100 as my watchlist. It shows 91% above their 50 day moving average. That is incorrect. In fact, examining the stocks on the left in the watchlist reveals 91% are below their average.
To try to determine what I was doing wrong I then created a second condition to tell me when the stock was below its 50 day moving average and made that a market indicator. This indicator correctly shows that 91% of the stocks in the watchlist meet this condition.
To reiterate I have two almost identical market indicators one shows 91% of the NDX stocks above their 50 day moving average. The other shows 91% below that same average.
I am new to Stockfinder but obviously I am either doing something wrong or there is a bug. Help!
Also is there any way I can view the code of what I have created?
(Posted previously by mistake under bugs and suggestions)
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Please select Help | Send Layout so technical support can take a look. Please include a description of the issue you are experiencing when sending the Layout to technical support.
You can right-click on the Market Indicator and select Edit and then select Block Diagram in the lower left hand corner of the Edit window to view the Block Diagram for the Market Indicator.
-Bruce
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