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kaveh
Posted : Monday, May 1, 2006 7:00:47 PM
Registered User
Joined: 10/2/2005
Posts: 30
 Hi,

Would it be possible to code for a bounce off the 50 period SMA anytime within the past week?

Thanks!
Kaveh
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kaveh
Posted : Monday, May 1, 2006 7:04:43 PM
Registered User
Joined: 10/2/2005
Posts: 30
 ... can I amend that?

Either a bounce off the 50SMA, and/or the price simply breaking above the 50SMA, within the past week.

Thanks.
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Bruce_L
Posted : Monday, May 1, 2006 7:34:43 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 You may wish to try the following:

C > AVGC50 AND (C1 / AVGC50.1 < 1.01 OR C2 / AVGC50.2 < 1.01 OR C3 / AVGC50.3 < 1.01 OR C4 / AVGC50.4 < 1.01)

I'm not sure if it will meet your needs or not. It verifies that Price is currently above the 50-Period Simple Moving Average but either below or within 1% at least once during the rest of the week. This should return True for all bounces that got within 1% and anything that was below, but could also return True for a symbols where the Price was neither below nor significantly above the Moving Average.
-Bruce
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