Price moving above moving average from below

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  • #169721 quote
    samd
    Participant
    New

    I was wondering how you would write a simple screener to find stocks that are crossing the 20 simple moving average from below with an average(last 50 days) daily volume of over 200k shares per day.

    #169723 quote
    robertogozzi
    Moderator
    Master

    There you go:

    Timeframe(Daily)
    MyVol = average[50,0](volume) >200000
    Timeframe(default)
    Sma20 = close CROSSES OVER average[20,0](close)
    Cond = MyVol AND Sma20
    Screener[Cond]
    #169729 quote
    samd
    Participant
    New

    That’s awesome Roberto, thank you! I was wondering can you set the date to check for example April 1st 2021 the stocks moving above the 20 day moving average?

    #169735 quote
    robertogozzi
    Moderator
    Master

    Yes, but since ProScreener scans markets live, we have to check some days ago, from now up to April 21st. I used 30 to make sure it’s enough.

    There you go:

    Timeframe(Daily)
    MyVol = average[50,0](volume) >200000
    Timeframe(default)
    Sma20 = 0
    IF Date = 20210421 THEN
       Sma20 = close CROSSES OVER average[20,0](close)
    endif
    Cond  = summation[30](MyVol AND Sma20)       //scan within the last 30 bars
    Screener[Cond]
    #169737 quote
    samd
    Participant
    New

    Thank you again for the quick reply. Just wondering how far back can I go? If I wanted to see one year ago from Friday if I change the 30 to 370 and in the if statement I changed the date to 20200421 would it work? Sorry to keep bothering you.

    #169744 quote
    robertogozzi
    Moderator
    Master

    ProScreener has a 254-bar limit (less 5o required by the average makes it a 204-bar lookback).

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Price moving above moving average from below


ProScreener: Market Scanners & Detection

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samd @samd Participant
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This topic contains 5 replies,
has 2 voices, and was last updated by robertogozzi
4 years, 10 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 05/15/2021
Status: Active
Attachments: No files
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