Bottom phase screener

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  • #113030 quote
    MonopolyTmMonopolyTm
    Participant
    Average

    Hello,

    I’m looking for help to create a screener that will find stocks in the bottom phase.

    Was listening to a podcast that had a suggestion something like:

    Downward sloping MA 200 AND reaching a new 100 day high.

    I have no clue how to code the slope, could anyone help?

    #113031 quote
    NicolasNicolas
    Keymaster
    Legend

    Something like the below code could spot that pattern: (you can adjust the slope period of the MA200, I set it to 50 periods by default)

    avg=average[200]
    slopeperiod=50
    downward=summation[slopeperiod](avg<avg[1])=slopeperiod
    
    test=downward and high>=highest[100](high)
    
    screener[test]
    market-bottom-phase-screener.png market-bottom-phase-screener.png
    #113038 quote
    MonopolyTmMonopolyTm
    Participant
    Average

    Thank you Nicolas for the great support!

    Much appreciated!

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Bottom phase screener


ProScreener: Market Scanners & Detection

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MonopolyTm @monopolytm Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by MonopolyTmMonopolyTm
6 years, 10 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 11/18/2019
Status: Active
Attachments: 1 files
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