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ADX SCAN Bruce Please.. Rate this Topic:
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michaelm2136
Posted : Sunday, November 8, 2015 11:31:39 AM
Registered User
Joined: 1/13/2014
Posts: 18

ADX above 30 and risng on( any time frame).

Above its 20 ema for at Least 5 Bars or longer ( any time frame again)

Volume above average

 

Thanks for help....

Mike

Bruce_L
Posted : Monday, November 9, 2015 3:04:18 PM


Worden Trainer

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

The ADX conditions can only be created by clicking on the ADX indicator on the chart and selecting Create Scan Condition.

Create Conditions from Your Chart (5:25)

You will want to select Scan in New Window in the Create Scan Condition window to create the EasyScan initially using the first condition. You will then select Add to an Existing WatchList or Scan to add the second condition to your EasyScan.

Building a Scan with Multiple Conditions (7:29)

The following Condition Formula could be used as your third EasyScan Condition to check for price being above its 20 period exponential moving average for at least 5 bars with volume above its 20 period simple moving average.

V > AVGV20 AND C > XAVGC20 AND C1 > XAVGC20.1 AND C2 > XAVGC20.2 AND C3 > XAVGC20.3 AND C4 > XAVGC20.4



-Bruce
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