Hi All,
I run a basic screener based on Nick Radge’s weekend trader (see below)
I’m trying to adapt the x=10 moving average filter so that is take the data from another security(in this case the SP500 index). Is this possible to take the signal from another stock/security?
Thanks in advance!
c1 = close = HIGHEST [ 20 ]( HIGH )
c2 = (close > exponentialaverage[10])
X = 10
y = 20
ema = ExponentialAverage[x](close)
sroc = ROC[y](ema)
Indicator1= SROC
c3 = Indicator1 > 0
Screener [C1 and c2 and c3]
Yes it’s possible with the EQUITYFRAME instruction but only if the stock/index is in the same list. But with IG accounts, that’s not the case, Index are not in shares lists.
Thanks Nicolas
So in the above as UK based how would I add the FTSE All Share (as that would encapsulate all the small caps I also scan)? So want I want to ensure is that for long positions the weekly close is greater than the 13 week ema of the FTSE All Share (as an index filter)
Best
Weaz
There is no solution I’m afraid..you could try building your own personal list with all small caps and the index , but I’m not confident about the possibility of this to work.. 🙁
Thanks anyway. I guess add the FTSE All Share chart to my watchlist and check price is above the MA visually!
Weekend Trader
I see that grimweasel47 had a query on index filter in 2018
How has grimweasel47 progressed with this system since then?
I am also looking for a solution feedback from “Those who have gone before”