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Registered User
Joined: 4/13/2011
Posts: 5
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please send me instructions for scanning moving average compression
for 5day, 10 day, 15day, 20day,25day and 30day averages. To use it on easyscan.
prasad yalamanchi
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Are the Moving Averages Simple or Exponential?
What do you mean by compression? Are the Moving Averages just getting closer together? Do all of the Moving Averages need to be within a specific percentage of each other? If so, how far apart can they be and still be in compression?
Moving Average PCF Templates
Things to check if your moving averages don't "seem right" or "seem to match"
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 4/13/2011
Posts: 5
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Dear Bruce,
I will reframe the question and will start with only 3 moving averages.
4 day crossing 18 day moving average crossing over 40day moving average .
I would like to scan both DJI and NASDAQ markets for all the stocks
that are crossing those 3 moving averages, Let us say for now within
2 to 5% . I look forward for your reply.
Thank you
prasad yalamanchi
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Registered User
Joined: 4/13/2011
Posts: 5
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Bruce,
By the way they are simple moving averages.
prasad yalamanchi
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
QUOTE (pjyalaman) I will reframe the question and will start with only 3 moving averages.
4 day crossing 18 day moving average crossing over 40day moving average .
A Personal Criteria Formula for the SMA4 crossing up throug the SMA18, the SMA4 crossing up through the SMA40 and the SMA18 crossing up through the SMA40 simultaneously could be written as:
AVGC4 > AVGC18 AND AVGC18 > AVGC40 AND AVGC4.1 <= AVGC18.1 AND AVGC18.1 <= AVGC40.1
QUOTE (pjyalaman) Let us say for now within
2 to 5% .
Having the three Moving Averages be within 5% of each other would be rather common, but could be written as:
(AVGC4 + AVGC18 + ABS(AVGC4 - AVGC18) + 2 * (AVGC40) + ABS(AVGC4 + AVGC18 + ABS(AVGC4 - AVGC18) - 2 * (AVGC40))) / (AVGC4 + AVGC18 - ABS(AVGC4 - AVGC18) + 2 * (AVGC40) - ABS(AVGC4 + AVGC18 - ABS(AVGC4 - AVGC18) - 2 * (AVGC40))) <= 1.05
Something similar for the original six Moving Averages could be written as:
(AVGC5 + AVGC10 + ABS(AVGC5 - AVGC10) + 2 * (AVGC15) + ABS(AVGC5 + AVGC10 + ABS(AVGC5 - AVGC10) - 2 * (AVGC15)) + AVGC20 + AVGC25 + ABS(AVGC20 - AVGC25) + 2 * (AVGC30) + ABS(AVGC20 + AVGC25 + ABS(AVGC20 - AVGC25) - 2 * (AVGC30)) + ABS(AVGC5 + AVGC10 + ABS(AVGC5 - AVGC10) + 2 * (AVGC15) + ABS(AVGC5 + AVGC10 + ABS(AVGC5 - AVGC10) - 2 * (AVGC15)) - AVGC20 - AVGC25 - ABS(AVGC20 - AVGC25) - 2 * (AVGC30) - ABS(AVGC20 + AVGC25 + ABS(AVGC20 - AVGC25) - 2 * (AVGC30)))) / (AVGC5 + AVGC10 - ABS(AVGC5 - AVGC10) + 2 * (AVGC15) - ABS(AVGC5 + AVGC10 - ABS(AVGC5 - AVGC10) - 2 * (AVGC15)) + AVGC20 + AVGC25 - ABS(AVGC20 - AVGC25) + 2 * (AVGC30) - ABS(AVGC20 + AVGC25 - ABS(AVGC20 - AVGC25) - 2 * (AVGC30)) - ABS(AVGC5 + AVGC10 - ABS(AVGC5 - AVGC10) + 2 * (AVGC15) - ABS(AVGC5 + AVGC10 - ABS(AVGC5 - AVGC10) - 2 * (AVGC15)) - AVGC20 - AVGC25 + ABS(AVGC20 - AVGC25) - 2 * (AVGC30) + ABS(AVGC20 + AVGC25 - ABS(AVGC20 - AVGC25) - 2 * (AVGC30)))) <= 1.05
Both formulas were created using the techniques outlined in the Min Max PCFs topic.
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 4/13/2011
Posts: 5
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Bruce,
Can we program the three moving averages to have
them within 1% instead of 2 to 5%.
prasad yalamanchi
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Just change the <= 1.05 at the end of the formulas to <= 1.01 instead.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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