Registered User
Joined: 4/5/2017
Posts: 15
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Hi Bruce,
Could you please tell me how to scan for stocks that are currently at 50day sma on daily OR within 1-3% of it . As you know 50 day sma is great support/resistance for most stocks. thank you!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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A condition formula for the current price bar touching the 50 period simple moving average can be written as follows.
L <= AVGC50 AND AVGC50 <= H
A condition formula for the current price being within 1% of the 50 period simple moving average can be written as follows.
100 * (C / AVGC50 - 1) <= 1
A condition formula for the current price being within 3% of the 50 period simple moving average can be written as follows.
100 * (C / AVGC50 - 1) <= 3
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 4/5/2017
Posts: 15
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Perfect. Thank you!! :) :)
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|