A simple calculation works in an indicator but not in a screener

• 03/19/2021 at 12:13 PM #164645
  marie123

  Hello again 🙂

  I made a simple calculation which compares the current close price with the EMA 200. If used in an indicator it works 100% correct but the result of the same calculation is always higher in the screener. I have no idea why because it is absolutely the same calculation. What am I doing wrong?

  This is the screener version:

  calc=((close/exponentialaverage[200](close))-1)*100 SCREENER [calc>0](calc)

  1 2	calc=((close/exponentialaverage[200](close))-1)*100 SCREENER [calc>0](calc)

  And this is the indicator:

  calc=((close/exponentialaverage[200](close))-1)*100 return calc

  1 2	calc=((close/exponentialaverage[200](close))-1)*100 return calc

  Help is very appreciated!

   

  

  marie123

  Participant

  Topics: 13

  Replies: 30

  Been thanked: 5 times
  03/19/2021 at 12:58 PM #164652
  Nicolas

  Same usual question about long term EMA in ProScreener 😀

  Unfortunately, the history available in ProScreener (254 bars) is not sufficient to calculate correctly long term EMA, so difference exist between what is calculated with ProBuilder (indicator).

  I recommend using simple moving average instead.

  1 user thanked author for this post.

  marie123

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4738 times
  03/19/2021 at 5:27 PM #164693
  marie123

  Thank you for the clarification. I thought I was too stupid to code correctly… 😄

  

  marie123

  Participant

  Topics: 13

  Replies: 30

  Been thanked: 5 times
• Author
  Posts