MA crossing screener

• 10/25/2024 at 10:14 AM #239449
  VarmaRudra

  I want to develop a weekly screener with following conditions.

  • EMA20 cross over EMA50 happened around six months back for the first time in the last two years
  • Close is either very near to EMA[20] or  moved below EMA20 only slightly

  I developed the screener using lot of for loops and some calculations but getting very messy

  I am just hoping to get some help in doing this relatively easy way please. Thanks in advance.

  

  VarmaRudra

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  10/25/2024 at 11:39 AM #239451
  robertogozzi

  There you go (set TYPE=1 for EMAs, TYPE=0 for SMAs, etc…):

  Timeframe(Weekly) PerCent = 1 //1% above or below MA20 is to be considered VERY NEAR Type = 1 MA20 = average[20,Type](close) MA50 = average[50,Type](close) c1 = (summation[104](MA20 CROSSES OVER MA50) = 1) c2 = (summation[5](MA20[24] CROSSES OVER MA50[24]) = 1) c3 = (close <= (MA20 * (1 + (PerCent / 100)))) AND (close >= (MA20 * (1 - (PerCent / 100)))) c4 = MA20 > MA50 Timeframe(default) Cond = c1 AND c2 AND c3 AND c4 AND (high <> low) SCREENER[Cond]

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  Timeframe(Weekly) PerCent = 1   //1%  above or below MA20 is to be considered VERY NEAR Type    = 1 MA20    = average[20,Type](close) MA50    = average[50,Type](close) c1      = (summation[104](MA20 CROSSES OVER MA50) = 1) c2      = (summation[5](MA20[24] CROSSES OVER MA50[24]) = 1) c3      = (close <= (MA20 * (1 + (PerCent / 100)))) AND (close >= (MA20 * (1 - (PerCent / 100)))) c4      = MA20 > MA50 Timeframe(default) Cond    = c1 AND c2 AND c3 AND c4 AND (high <> low) SCREENER[Cond]

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  Iván, VarmaRudra

  

  robertogozzi

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  10/25/2024 at 1:22 PM #239462
  VarmaRudra

  This worked like a magic and given me some good ideas on clean coding. Thank you very much.

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  robertogozzi

  

  VarmaRudra

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