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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » scan for price within 2% of the daily 5dema

scan for price within 2% of the daily 5dema Rate this Topic:
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pdunn
Posted : Thursday, November 29, 2018 1:11:14 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 38

Bruce, can you provide a scan to detect when price is within 2% of the 5dema from a Watchlist?  

Thanks,

Preston
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pdunn
Posted : Thursday, November 29, 2018 1:17:00 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 38


Updated request:  A scan to detect when price is within 2% of the 5dema in the last 10 days from a Watchlist.  What I'm trying to acheive is to take a watchlist of price breakouts or gap-up, typcally from earnings or other reasons, and find those were price drifts back to the 5dema.  Preston
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Bruce_L
Posted : Thursday, November 29, 2018 1:21:41 PM


Worden Trainer

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

Maybe the following?

CountTrue(ABS(C / AVGC5 - 1) <= .02, 10) > 0


-Bruce
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