Strange SMA behavior

• 07/15/2023 at 10:50 AM #217681
  benkunz

  Hi,

  I’m trying to create a simple screener and the behavior seems weird to me. but I guess there is an explanation somewhere 🙂

  TIMEFRAME(daily) SMA50 = average[50](close) SMA200 = average[200](close) c1 = SMA50 > SMA200 SCREENER [c1]

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  TIMEFRAME(daily) SMA50 = average[50](close) SMA200 = average[200](close)   c1 = SMA50 > SMA200   SCREENER [c1]

  my screener returns the “AXA” stock. I’m attaching the chart of AXA. We can clearly see that the SMA50 is below the SMA200, not above. Why was it returned by the screener ?
  regards

  

  benkunz

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  07/15/2023 at 12:21 PM #217684
  JS

  Hi,

  I see that you work with graphs where the historical data has not been adjusted after, for example, dividend payments…

  If you do not adjust the historical data there is a chance of “gap” formation, as in your graph, which cause wrong results in your screener…

  Go to “SetUp – Platform – Charts – Customize historical data”

  1 user thanked author for this post.

  benkunz

  

  JS

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  07/15/2023 at 2:56 PM #217691
  benkunz

  that did the trick! 🙂

  

  benkunz

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