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cosmo1962
Posted : Wednesday, March 12, 2014 1:54:21 PM
Registered User
Joined: 10/7/2004
Posts: 50

I tried to create an easy scan that would alert me on an end of day basis about a stock thats resting on an 8 day exponential avg after a previous move up basically creating a flag or pennant. I would love some help on this .
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Bruce_L
Posted : Wednesday, March 12, 2014 3:18:20 PM


Worden Trainer

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

Are you just asking for the entire previous bar to be above the average with the current bar intersecting the average?

L <= XAVGC8 AND XAVGC8 <= H AND XAVGC8.1 < L1

If not, what other requirements do you to use to identify the previous move up and flag or pennant?

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