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ema's within a certain percentage of each other

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ProScreener: Market Scanners & Detection
ema's within a certain percentage of each other

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08/12/2018 at 3:11 AM #78027 quote

fredfilm
Participant

New

i would like to code ema percentages if possible or something similar. eg when say 5,10,20,50ema are all within a percentage of each other. Any ideas on how to do this?

08/12/2018 at 7:31 AM #78030 quote
robertogozzi
Moderator

Legend
You can write:
```
Avg1 = average[5](close)
Avg2 = average[10](close)
Avg3 = average[20](close)
c1 = Avg1 > (Avg2 * 1.01) AND Avg2 > (Avg3 * 1.01)
IF c1 THEN...
```
This will set C1 when each MA is higher THAN the slower one by 1%, you can use 1.001 for 0.1% and so on.

To check when they’re lower you need to write 0.99 for -1% or 0.999 for -0.1% and so on.
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ema's within a certain percentage of each other

ProScreener: Market Scanners & Detection

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fredfilm @fredfilm Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
8 years, 1 month ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	08/12/2018
Status:	Active
Attachments:	No files

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ema's within a certain percentage of each other

Stuck on this ProBuilder code?

ema's within a certain percentage of each other ProScreener: Market Scanners & Detection

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ema's within a certain percentage of each other

ProScreener: Market Scanners & Detection