Price crosses over SMA

• 03/26/2024 at 1:06 PM #230473
  benkunz

  Hi,
  I’m looking for a way to detect stocks for which the price crossed over the SMA50 in the last 10 days.
  thanks

  

  benkunz

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  03/26/2024 at 1:26 PM #230478
  Iván

  Hello Here you have:

  sma = average[50](close) n = barssince(close crosses over sma) screener[n<10]

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  sma = average[50](close)   n = barssince(close crosses over sma) screener[n<10]

  If you also want the price to be above the average, you just have to change the last line with this one: screener[n<10 and close > sma]

  

  Iván

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  03/26/2024 at 1:27 PM #230480
  robertogozzi

  There you go:

  Sma50 = average[50,0](close) c1 = summation[10](close CROSSES OVER Sma50) c2 = close > Sma50 c3 = high <> low Cond = c1 AND c2 AND c3 SCREENER[Cond]

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  Sma50 = average[50,0](close) c1    = summation[10](close CROSSES OVER Sma50) c2    = close > Sma50 c3    = high <> low Cond  = c1 AND c2 AND c3 SCREENER[Cond]

   

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  robertogozzi

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  03/26/2024 at 1:28 PM #230481
  robertogozzi

  Two is better than one! 🙂

   

  

  robertogozzi

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  03/26/2024 at 1:33 PM #230482
  benkunz

  great, thanks.
  I had never heard about this barssince function.

  and what if I also want to make sure the price did not go below SMA50 after it crossed over the SMA ?

  

  benkunz

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  03/26/2024 at 2:20 PM #230491
  Iván

  Hello again, following the same logic as before you can program the following:

  sma = average[50](close) n = barssince(close crosses over sma) m = barssince(close crosses under sma) screener[n<10 and m>=10]

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  sma = average[50](close)   n = barssince(close crosses over sma) m = barssince(close crosses under sma)   screener[n<10 and m>=10]

  

  Iván

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  03/26/2024 at 3:39 PM #230503
  benkunz

  it is starting to drive me crazy 🙂

  SMA200 = average[200](close) n200 = barssince(close crosses over SMA200) priceCrossedSMA200 = n200 < 3 priceAboveSMA200 = low > SMA200 CondSMA200 = (priceCrossedSMA200 and priceAboveSMA200) SCREENER[CondSMA200] (volume)

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  SMA200 = average[200](close) n200 = barssince(close crosses over SMA200) priceCrossedSMA200 = n200 < 3 priceAboveSMA200 = low > SMA200 CondSMA200 = (priceCrossedSMA200 and priceAboveSMA200)   SCREENER[CondSMA200] (volume)

  here is the script I wrote based on your ideas. It includes stocks where the price did not cross the SMA200 in the last 3 days. I dont get why. Any idea ?

  

  benkunz

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  03/26/2024 at 4:15 PM #230508
  Iván

  It works, but to avoid those stocks that have never crossed the sma200 we can add this n200>=0:

  SMA200 = average[200](close) n200 = barssince(close crosses over SMA200) priceCrossedSMA200 = n200 < 3 and n200 >= 0 priceAboveSMA200 = low > SMA200 CondSMA200 = (priceCrossedSMA200 and priceAboveSMA200) screener[CondSMA200]

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  SMA200 = average[200](close) n200 = barssince(close crosses over SMA200) priceCrossedSMA200 = n200 < 3 and n200 >= 0 priceAboveSMA200 = low > SMA200 CondSMA200 = (priceCrossedSMA200 and priceAboveSMA200)   screener[CondSMA200]

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  Iván

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  03/26/2024 at 9:55 PM #230524
  benkunz

  thanks Ivan, appreciate it

  

  benkunz

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  03/26/2024 at 9:59 PM #230525
  benkunz

  How would you deal with this screenshot ? where the price came close from above to the SMA200, but did not cross it. Then price went back up. I’d like to include those patterns in the detection

  

  benkunz

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  03/27/2024 at 11:44 AM #230563
  Iván

  Hello
  I would create a line parallel to the sma200 at X distance. From there I would proceed the same as in previous screener but now the reference average would be the parallel to the sma.
  To ensure that the price comes from crossing down the sma200 offset without having crossed down the sma200 then we can control the barindex of each situation.

   

  sma = average[50](close) smadist = sma + 2/100*sma n = barssince(close crosses over smadist) if close crosses under sma then $crossSMA[0]=barindex endif if close crosses under smadist then $crossSMAdist[0]=barindex endif setup = n>=0 and n<5 and $crossSMA[0]<$crossSMAdist[0] and close > smadist screener[setup]

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  sma = average[50](close) smadist = sma + 2/100*sma   n = barssince(close crosses over smadist)   if close crosses under sma then $crossSMA[0]=barindex endif if close crosses under smadist then $crossSMAdist[0]=barindex endif   setup = n>=0 and n<5 and $crossSMA[0]<$crossSMAdist[0] and close > smadist screener[setup]

  

  Iván

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  05/21/2024 at 4:08 PM #232888
  IronyCheese

  Did you investigate how to rank these stocks by the number of days they have spent over their SMA200 or something else?

  

  IronyCheese

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