Hello Bruce

I am,trying ( with no luck) to create a scan condition that monitors the daily percent change of moneystream. I want to search for stocks that have a miniumm percent gain in moneystream interday.

Thanks

EQ

Oddly enough, the percent change in MoneyStream is a pretty meaningless concept. Part if this is just because the indicator can cross through zero. The bigger part of this is than MoneyStream is a cumulative indicator.

Dealing with OBV & MS in PCF's - how to interp their "values"

One way to deal with this would be to use the range over time as the basis of the percentage instead of trying to use the value of MoneyStream as the basis of the percentage.

100 * (MS - MS1.1) / (MAX(MS, 100) - MIN(MS, 100))

Bruce

Thanks for the reply and I apologize that I didn't explain myself very well. What I am trying to is come up with a scan condition that will allow me to monitor the % change of a 12 peroid, exponential moving average of moneystream.I want to be able to scan for stocks ( interday) were the xavg of MS has moved up or dwn a certain percentage from yesterdays closing value. 

Thanks

You can't do that either for exactly the same reason. If MS can cross through zero, than so can its exponential moving average. If MS is cumulative, then the EMA of MS also has these same cumulative characteristics.

You could try the same basic workaround.

100 * (XAVG(MS, 12) - XAVG(MS1.1, 12)) / (MAX(XAVG(MS, 12), 100) - MIN(XAVG(MS, 12), 100))