EMA on Stochastic Momentum Index

• 02/05/2018 at 3:09 AM #61507
  Attienel

  Hallo,

  I am trying to run a Screener to identify instances where the EMA(5) on the Stochastic Momentum Index is pointing up.

  I suspect that I may have a problem with this statement: mySMI = SMI[14,3,5](close)[ExponentialAverage[5](close)]

  I have attached the code.

  Thanks to anyone that may be able to assist me.

  Attie

  mySMI = SMI[14,3,5](close)[ExponentialAverage[5](close)] REM myRSI = RSI[14] myMFI = MoneyFlowIndex[14] REM myVol = Volume REM Deactivated P > 200SMA REM c1 = close > Average[200](close) REM c2 = close > Average[50](close) REM !!! REM c3 = close > ExponentialAverage[15](close) REM c13 = myVol > 5000 REM for all counters, vol > 100,000, else > 10,000 c6 = Average[50](close) > Average[50](close)[1] c7 = Average[50](close)[1]> Average[50](close)[2] c8 = Average[50](close)[2] > Average[50](close)[3] REM c9 = Average[200](close) > Average[200](close)[1] REM c10 = Average[200](close)[1]> Average[200](close)[2] REM c11 = Average[200](close)[2] > Average[200](close)[10] REM c12 = Average[200](close)[10] > Average[200](close)[20] c13 = mySMI > mySMI[1] c14 = mySMI[1] > mySMI[2] REM c17 = mySMI[2] > mySMI[3] c17 = mySMI < 80 REM c4 = mySMI > -40 c15 = myMFI > myMFI[1] c16 = myMFI[1] > myMFI[2] REM Update Value parameter as required Screener [c6 AND c7 AND c8 AND c13 AND c14 AND c15 AND c16 AND c17] (mySMI AS "SMI")

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  mySMI = SMI[14,3,5](close)[ExponentialAverage[5](close)]   REM myRSI = RSI[14] myMFI = MoneyFlowIndex[14] REM myVol = Volume   REM Deactivated P > 200SMA REM c1 = close > Average[200](close) REM c2 = close > Average[50](close)   REM !!! REM c3 = close > ExponentialAverage[15](close)   REM c13 = myVol > 5000 REM for all counters, vol > 100,000, else > 10,000   c6 = Average[50](close) > Average[50](close)[1] c7 = Average[50](close)[1]> Average[50](close)[2] c8 = Average[50](close)[2] > Average[50](close)[3]   REM c9 = Average[200](close) > Average[200](close)[1] REM c10 = Average[200](close)[1]> Average[200](close)[2] REM c11 = Average[200](close)[2] > Average[200](close)[10] REM c12 = Average[200](close)[10] > Average[200](close)[20]   c13 = mySMI > mySMI[1] c14 = mySMI[1] > mySMI[2]   REM c17 = mySMI[2] > mySMI[3] c17 = mySMI < 80 REM c4 = mySMI > -40   c15 = myMFI > myMFI[1] c16 = myMFI[1] > myMFI[2]   REM Update Value parameter as required   Screener [c6 AND c7 AND c8 AND c13 AND c14 AND c15 AND c16 AND c17] (mySMI AS "SMI")

   

  

  Attienel

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  02/05/2018 at 9:07 AM #61523
  Nicolas

  Should apply the SMI into the EMA calculation and not the Close:

  mySMI = ExponentialAverage[5](SMI[14,3,5](close))

  1	mySMI = ExponentialAverage[5](SMI[14,3,5](close))

  With this code you are correctly applying an Exponential Moving Average to the SMI.

  

  Nicolas

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  02/05/2018 at 11:44 AM #61537
  Attienel

  Thanks Nicolas, working perfectly

   

  

  Attienel

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