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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » % away from 8 day MA

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cosmo1962
Posted : Monday, February 17, 2014 7:50:19 PM
Registered User
Joined: 10/7/2004
Posts: 50

I would like to create an easyscan to find stocks that are hugging the 8 day exponential moving average, maybe within 2% of the average on the upside. If there is someway to do this it would be helpful
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Bruce_L
Posted : Tuesday, February 18, 2014 5:40:31 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Please try the following Condition Formula for price being above the 8-period exponential moving average but within 2% of the 8-period exponential moving average:

XAVGC8 < C AND C <= 1.02 * XAVGC8

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!


-Bruce
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