MA scan

• 10/25/2019 at 4:29 AM #111140
  JackD

  Hi,

  I have one more scan that I would like to get some code for.

  I would like to create a scan when these 3 moving averages are very tight together (same price) but I wondering is it possible to have a small variable so if they are not exactly the same it will still show results?

  Exponential moving average 6
  Moving average 10
  Exponential moving average 20

  I have been watching the videos on how to wright simple code but still finding it hard to get my head around it. Is there any other even more basic videos that I can view? just so that I can learn to code as well.

  Cheers,

  Jack

  

  JackD

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  10/25/2019 at 7:41 AM #111149
  Vonasi

  You need to define what the ‘small variable’ is. In this code it is that the lines are all within a percentage of price.

  percentage = 0.25 a = exponentialaverage[6] b = average[10] c = exponentialaverage[20] upper = max(max(a,b),c) lower = min(min(a,b),c) d = ((upper - lower) / close) *100 e = d <= percentage SCREENER[e]

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  percentage = 0.25   a = exponentialaverage[6] b = average[10] c = exponentialaverage[20]   upper = max(max(a,b),c) lower = min(min(a,b),c)   d = ((upper - lower) / close) *100   e = d <= percentage   SCREENER[e]

   

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  Vonasi

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  10/25/2019 at 11:01 AM #111173
  JackD

  Thank you so much! that is what I am after!

  

  JackD

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  10/25/2019 at 12:26 PM #111188
  JackD

  O I just had a thought. Does this scan for stocks that are layered with the MA’s 6, 10 and 20 (top to bottom)? How can I add it so that it doesn’t have to be any order?
  Just that some of the stocks that I have found with the MA’s tight are not coming up on the scan.
  Sorry to be a pain.

  Cheers,

  Jack

  

  JackD

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  10/26/2019 at 3:28 AM #111241
  JackD

  I have found a number of stocks that do not come under this scan, but yet they are under the parameters of what the scan is looking for.
  What could be wrong?

  

  JackD

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  10/26/2019 at 8:16 AM #111251
  Vonasi

  The screener does not care what order the lines are in. It just checks the distance between the highest line and the lowest line and compares it to price.

  What % of price are you testing for? I notice that one of your images has a price of 0.234 so if you are looking for a maximum gap of say 0.25% between the highest and the lowest line then they must be just 0.000585 apart or less.

  The other image has a price of 2.950 so they would need to be <= 0.007375 apart.

  Try increasing the percentage setting if it is missing stocks that you think it should be detecting.

  

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  10/26/2019 at 9:46 AM #111258
  JackD

  Don’t really have a specific % in mind just wanted to get all the stocks that had the MA’s really tight together so I could choose which ones I thought had the best set ups.
  I increased it all the way up to 20% and still didn’t those ones, looks like it’s only finding the larger cap names. Odd.

  

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  10/26/2019 at 10:08 AM #111260
  Vonasi

  20% of price would allow the lines to be very far apart indeed!

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  Vonasi

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  10/26/2019 at 2:33 PM #111273
  JackD

  Yes, I know I have just tried every different % change and it still wont find these stocks from .00002 up to 100%
  Wonder what it could be? Super strange

  

  JackD

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  10/26/2019 at 4:04 PM #111276
  Vonasi

  Add this indicator to any chart as a separate indicator and you can see what the current percentage is as well as the historical maximum and minimum spread of the highest to lowest average.

  a = exponentialaverage[6] b = average[10] c = exponentialaverage[20] upper = max(max(a,b),c) lower = min(min(a,b),c) d = ((upper - lower) / close) *100 if c > 0 then if minapart = 0 then minapart = d endif maxapart = max(d,maxapart) minapart = min(d,minapart) endif return d as "% MA Zone", maxapart as "max MA spread", minapart as "min MA spread"

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  a = exponentialaverage[6] b = average[10] c = exponentialaverage[20]   upper = max(max(a,b),c) lower = min(min(a,b),c)   d = ((upper - lower) / close) *100   if c > 0 then if minapart = 0 then minapart = d endif   maxapart = max(d,maxapart) minapart = min(d,minapart) endif   return d as "% MA Zone", maxapart as "max MA spread", minapart as "min MA spread"

   

  

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  10/27/2019 at 2:07 AM #111302
  JackD

  Okay thank you so much I really appreciate it 🙂

  

  JackD

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  10/27/2019 at 2:56 PM #111338
  GraHal

  Both codes above added as Log 183 and 184 to here …

  Snippet Link Library

   

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  GraHal

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  11/01/2019 at 1:19 PM #111820
  JackD

  How can I adjust the price range for this scan?
  Cheers

  

  JackD

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  11/01/2019 at 5:34 PM #111845
  Vonasi

  Sorry but I don’t understand what you mean by ‘adjust the price range for this scan’.

  

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  11/01/2019 at 7:10 PM #111857
  JackD

  Sorry I was half asleep when I wrote that.

  I would like to narrow the range of stocks I am scanning for, stocks that are priced from .05 to 7 dollars or what ever I am wanting to narrow my search.
  Hope that makes sense?
  Thank you in advance,
  Jack

  

  JackD

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