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scan to detect when price crosses and closes above or below a moving average Rate this Topic:
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grantgoode
Posted : Sunday, October 5, 2008 12:56:11 PM
Registered User
Joined: 2/6/2007
Posts: 9
I want to create a easy scan in blocks that I can run that will select all stocks that have closed above a preset moving average as of the day the scan is run...I would like to be able to run this in daily, weekly or monthly views...and be able to change the figure for the moving average...I only want to be alerted though on the first bar of the change....

I tried to do this but could not get it to test clean...
Bruce_L
Posted : Monday, October 6, 2008 11:55:10 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Blocks doesn't have EasyScans, but you can Drag and Drop Conditions to the Filter to create something similar (or Drag and Drop the Conditions to the Watchlist just indicate which symbols meet those Conditions without eliminating those that do not from the displayed version of the Watchlist).

If you select Indicators | Moving Average | Price History, you can add a Moving Average to the Chart. Dragging and Dropping Price History onto its Moving Average and selecting Create Condition | Price History | Crossing Up Through MovAvg will create a Condition that should only return True the first Bar where Price closed above the Moving Average (after being below it). The Condition will work on whatever Time Frame is currently displayed on the Chart.

-Bruce
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