I need to insert in this formula screen the comand to show just the cross if it happens in the day.
I ve a cross of SMA, or better a Sma with Composite Momementum, (I use this indicator), but I want see just it happens in the day.
My formula show all cross also of previous day.
thanks for the help Alessandro
1
2
3
4
5
6
7
8
// Il codice seguente si rivolge al timeframe daily
I’m sorry but are you sure that your ‘Composite Momentum’ indicator is not crossing very often and on the last bar? Because a weighted average of 2 periods is very close to the price.
Also a weighted average is set on price value .. Does your composite momentum indicator too?
This indicator is an oscillator, right. But in your screener you are trying to test a cross of this indicator with a moving average weighted close of the price.. So that’s where is the mistake I believe.
I think you want your oscillator to cross its own value averaged. If yes, your screener code should look like this instead:
1
2
3
4
5
6
7
8
// Il codice seguente si rivolge al timeframe daily
To help us continually offer you the best experience on ProRealCode, we use cookies. By clicking on "Continue" you are agreeing to our use of them. You can also check our "privacy policy" page for more information.Continue