Hi all,
A newbie using the Proscreener and having difficulty trying to code this in Proscreener and would appreciate any help.
I am trying to code a scan of the following:
closing price is above the 50 simple moving average
50 simple moving average trending down
and Stochastics in overbought position over 70 going down.
Thanks
John
There you go (not tested):
K = stochastic[8,3] //Stochastic 8,3,3
//D = average[3](K)
Sma50 = average[50,0]
c1 = close > Sma50
c2 = Sma50 < Sma50[1]
c3 = K > 70
c4 = K < K[1]
Cond = c1 and c2 and c3 and c4
Screener[Cond]
Thanks Robert, I appreciate your assistance.
Regards
John