Not getting wanted barssince result in screener

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08/05/2025 at 10:47 AM #249360 quote

sgrech
Participant

Junior

some very simply code below (in theory) and I can’t explain some of the results eg the screen returns MNG (UK) where the close was last below 20ma 4 bars ago but 32 is returned – this is driving me nuts what on earth am I doing wrong?

timeframe(monthly)
ma = average[20](close)

c1 = barssince(close < ma)

SCREENER[c1](c1 as “bars”)

08/05/2025 at 11:12 AM #249363 quote
robertogozzi
Moderator

Legend
The line
```
c1 = barssince(close < ma)
```
assigns C1 the bar where the condition has been met, which will ALWAYS retain a value other than 0, so it will always be true, thus returning ALL instruments.

Try changing the last line so that it only scans the instruments where the condition has only been met within the last 5 (or any other number of your choice) bars:
```
SCREENER[c1 <= 5](c1 as “bars”)
```
08/05/2025 at 11:40 AM #249366 quote

JS
Participant

Master

Hi,

I’m getting the right results…

Did you set the “Period” to “Month”… ?

Schermafbeelding-2025-08-05-om-12.37.23.png

08/05/2025 at 11:49 AM #249368 quote

JS
Participant

Master

It is also possible that your “data” has not yet been adjusted to dividends…

robertogozzi and Iván González thanked this post

Schermafbeelding-2025-08-05-om-12.46.22.png

08/05/2025 at 3:16 PM #249378 quote

sgrech
Participant

Junior

So I was not adjusting for dividend, data now look consistent. Thanks so much. This leads onto a separate question, should adjustment be enabled or disabled. The chart for the particular asset I was looking is massively different probably becuase it has a hefty 10% yield!
before_adj.jpg after_adj.jpg

08/05/2025 at 3:37 PM #249383 quote

JS
Participant

Master

When you use a “screener” you always have to adjust the data for dividend because a “screener” works with “real-time” data (data adjusted for dividend)…

Iván González thanked this post
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