I want an Easy Scan that will show me all stocks that are nearing their 200 day moving average; that are 1% above or below the 200 day MA.

I am looking for good day trading candidates that might be selling off and nearing the 200 day MA (from above) as potential long buys.

Here's what I got so far

on 5 min chart

L < H1 and H1 < H2 and H2 < H3 and   (price is dropping in step down pattern)

V > V1 and V1 > V2  (volume is increasing with the sell off)

on Daily chart

AVGV50 > 1000000

Close/last Vs 200 day MA between 99.00 and 101.00  (this is what i need)

Also what would the formula be for those stocks approaching the 200 MA from below (possible short candidtaes).  Thank you

JBG

Please try the following Condition Formula:

ABS(C / AVGC200 - 1) <= .01

PCF Formula Descriptions