Stock screener to detect a rising momentum for bullish stocks with the help of MACD and stochastic oscillator on 2 different timeframe (daily and weekly). The screener should be used on ‘weekly’ timeframe selected in ProScreener.

//PRC_Positive Momentum | screener
//31.08.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

mmacd = MACD[12,26,9](close)
sto = Stochastic[14,3]

TIMEFRAME(weekly)
c1 = mmacd crosses over 0

TIMEFRAME(daily)
c2 = mmacd>0
c3 = sto>70

SCREENER[c1 and c2 and c3]

Download

Filename: PRC_Positive-Momentum.itf

Downloads: 559

Nicolas Master

I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!

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