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Registered User
Joined: 2/20/2005
Posts: 6
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I have plotted moving average of 50 & 200 on the price graph. I am trying to find the crossing point for various stocks by following PCF.
AVGC200.2 > AVGC50.2 AND AVGC50 > AVGC200
It doesn't seem to work.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Are you averages simple or exponetial?
If exponential you need:
XAVGC200.2 > XAVGC50.2 AND XAVGC50 > XAVGC200
Also be sure you are looking at a daily chart.
- Craig
Here to Help!
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Registered User
Joined: 2/20/2005
Posts: 6
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I have tried both simle and exponetial and I am looking at daily chart.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Click the edit button on your chart.
Are your moving averages both indented under price BUT flush left with each other
OR
is one average indented farther than the other.
If they are not flush-left with each other, your second average is an average of the parent above it, not of price. Delete it and click the PLUE "+" next to price and add it as an average of PRICE not the other average.
- Craig
Here to Help!
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Registered User
Joined: 2/20/2005
Posts: 6
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I think when I did add moving averages first I took from + of price and then second I took from moving average.
I redefined the moving averages from price + sign and nowing it is working. Thank you.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Glad to hear it.
- Craig
Here to Help!
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Registered User
Joined: 12/13/2004
Posts: 4
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I'm trying to do an EasyScan for stocks crossing up above a moving average. As an example, I'd like a list that displays stocks that were below the 40 day simple moving average yesterday, but closing above that average today. I'm using the PCF: (C > AVGC40 ) AND (C1 < AVGC40.1 ). This gives me a nice list, however, I notice that it is not an accurate list. Some of the stocks meet that criteria and others do not. From Fridays list (2/03) I showed MYL which met this scan criteria perfectly, however, I also had MHP which is a nice stock, but the crossover of the 40 MA was on 1/27, a full week back.
Where am I going wrong?
THX
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Your PCF is fine if you are using simple averages. If your 40 is exponential use this PCF:
(C > XAVGC40 ) AND (C1 < XAVGC40.1 )
If that does not fix things, please go through this check list:
Things to check if your moving averages don't "seem right" or "seem to match"
- Craig
Here to Help!
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