I am trying to get the arrow up Green and down Red for SMA cross overs 8 and 20.
Does anyone have code which can perform this in existing price chart.
Also, is there any way to scan the stocks meeting the SMA cross over criteria
Thank you
Vineet
Topic moved to ProBuilder Support, since it’s mainly related to indicators.
Hello Robert, thank you. This is very helpful.
Do we have any Screener which identifies candle crossing/ bouncing from 20 moving average. I have included the picture. I am looking for candles having a Pear below.
Thanks
Vineet
Yes, it’s possible. I just need to know how you want to define a PEAR, is it an MA rising after the previous candle was falling?
Hello Robert,
I just noticed you asked a clarification.
Ues, I am looking for a screener to identify price bounce from 20 or 50 period EMA, like MA rising after the previous candle was falling as you mentioned.
Try this one:
Periods = 20
Sma = average[20,0](close)
Bullish = close > open
Bearish = close < open
c1 = close CROSSES OVER Sma
c2 = (Bullish AND Bearish[1])// OR 1
c3 = min(low,low[1]) = lowest[Periods](low)
Cond = c1 AND c2 AND c3
SCREENER[Cond]
you can remove the double slashes in line 6, if you don’t need to have a Bearish candle followed by a Bullish one.
Hi Robert, thanks
Somehow the results are not showing the bounce from 20 MA.
What is the meaning of C2 and C3?
It shows just a lot of low-cap stocks when I ran on Nasdaq list
I am looking for something like shown in the picture below.
C2, line 6, ensures that a Bearish candle is followed by a Bullish one.
C3, line 7, ensures that one of the last two candles has made a lowest low within the last Periods candies.
Can you define exactly what a PEAR pattern is?