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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Scan for stocks within 2% of its 50MA

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stevebaldwin25
Posted : Sunday, December 18, 2011 3:46:49 PM
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Joined: 10/4/2011
Posts: 5
 How can I create a scan that scans for stocks that are within 2% of its 50MA, I thinking i might need two scans one for 2% under and one for 2% over its 50MA

Thanks

Steve
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StockGuy
Posted : Sunday, December 18, 2011 6:49:15 PM

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Joined: 9/30/2004
Posts: 9,187
 No, you can do it with one scan condition:

C > AVGC50 * .98 AND C < AVGC50 * 1.02

If you're using an exponential average, use XAVG instead of AVG.
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stevebaldwin25
Posted : Monday, December 19, 2011 12:56:42 PM
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Joined: 10/4/2011
Posts: 5
 Thanks Stock Guy
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maher_79
Posted : Tuesday, December 20, 2011 12:13:05 AM
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Joined: 8/16/2009
Posts: 42
 Steve, check the below post.  I've asked the same question before regarding the 20 EMA

http://forums.worden.com/default.aspx?g=posts&t=53285
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