How to screen for upcoming possible crossover?

• 06/01/2018 at 2:45 PM #71958
  Magnatolia

  Hi everyone,

  I’m wanting to screen for stocks where the MACD line has moved up from the previous close period, and is currently say -0.0007 or 0.0007 under the signal line. Essentially, I don’t mind if the MACD is over or under the zero line, but I want to know that the last close has moved up and the gap between MACD and signal is minimal. That way I can look through a list of stocks that may hit my buy signal and determine if my other indicators align.

  Thanks heaps for any assistance!

  

  Magnatolia

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
  06/01/2018 at 3:06 PM #71959
  Nicolas

  You can try with this code: (not tested)

  trigger = 7 // in pips format mmacd = exponentialaverage[12]-exponentialaverage[26] signal = exponentialaverage[9](mmacd) c1 = abs(mmacd-signal)<trigger*pointsize c2 = close>close[1] screener [c1 and c2]

  1 2 3 4 5 6 7 8 9

  trigger = 7 // in pips format   mmacd = exponentialaverage[12]-exponentialaverage[26] signal = exponentialaverage[9](mmacd)   c1 = abs(mmacd-signal)<trigger*pointsize c2 = close>close[1]   screener [c1 and c2]

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
• Author
  Posts