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  • #26917 quote
    Marcel van VlietMarcel van Vliet
    Participant
    Veteran

    Hi , I am trying to build a simple ProScreener with two indicators, a simple MA50 over the Daily chart and the Chande momentum indicator from which I replaced the (100) lines for Bollinger bands. I want to screen for (Dutch) Euronext shares from which the price crosses over the MA50 and at the same time a crossover from the CMO over the mid line (MA20) from the Bollinger bands.

    Here’s what I’ve done so far:

    ————————————————————————————-

    c1 = close crosses over average[50]

    c2= Chandle[20] crosses over average[20]

    screener [c1 and c2]

    The screener seems to work, but the shares it select don’t fit the criteria as mentioned at all.

    Anybody an idea what I am missing or doing wrong?

    Thank you……..

    #26928 quote
    WingWing
    Participant
    Veteran

    Right now you are comparing the chande oscillator, which has a value beteen -50 and 50 with the moving average of the close I believe. Try this

    ind=chande[20]

    c2=ind crosses over average[20](ind)

    #26942 quote
    Marcel van VlietMarcel van Vliet
    Participant
    Veteran

    Yesss…….. Thank you. Now it works the way I want.

    Not at first because the screener did not reply on Chande, but on Chandle. ha, ha must be the French connection.

    Beste regards,

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ProScreener: Market Scanners & Detection

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This topic contains 2 replies,
has 2 voices, and was last updated by Marcel van VlietMarcel van Vliet
9 years, 6 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 03/02/2017
Status: Active
Attachments: No files
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