Pro screener programming glitch

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02/23/2021 at 5:57 AM #162396 quote

Malibu1
Participant

New

Hi

I am having an issue with the screener.

I have 3 conditions for a bull screen.

Average[38}(close)<Average[38](close)[10] (daily)

Average[38](close)>Average[38](close)[1](daily)

Average[5](close)>Average[5](close)[1](daily)

So the idea is to have the 38moving average lower than it was 10 days ago. Also to have the 38moving average higher than the previous day. And to have the 5 moving average as higher than the previous day. I have set it that all conditions have to be met.

When I program and test this against a list of shares that I have I get ASX:AZJ coming up in the scan. But it is actually lower on the 38moving average than the day before. Admittedly it measures to 4 decimal places on the moving average and it is only the last 2 that show it lower. 3.8655 is lower than 3.8665, which means the 38moving average is still going down.

Can someone explain why this is happening? I am new to using the proscreener so it is most likely the way I have programmed it.

Thanks,

Shane

AZJ-Daily.png

02/23/2021 at 7:10 AM #162399 quote

robertogozzi
Moderator

Legend

If you post the code (using the ‘Insert PRT Code’ button) we can try to replicate your results.

On which TF?

On which list?

02/23/2021 at 10:50 AM #162412 quote
Malibu1
Participant

New
```
Average[38](close)
 < Average[38](close)
[10]
Average[38](close)
 > Average[38](close)
[1]
Average[5](close)
 > Average[5](close)
[1]
```
It looks like after it updated for a day that it is reading correctly. I had trying to restart but it still was throwing up the false reading.

I was looking at the daily, which i wrote in the original post.
02/23/2021 at 11:39 AM #162423 quote
Vonasi
Moderator

Master
Did you cut and paste incorrectly?

Your code should look like this:
```
Average[38](close) < Average[38](close[10])
Average[38](close) > Average[38](close[1])
Average[5](close) > Average[5](close[1])
```
02/23/2021 at 11:48 AM #162425 quote

Malibu1
Participant

New

I just went cntrl C And then cntrl V and thats how it printed using the insert prt code button.

02/23/2021 at 11:52 AM #162426 quote

Vonasi
Moderator

Master

close[10] is actually 11 candles back including the current one which is candle zero. Perhaps this is why results are different to your expectations?

02/23/2021 at 11:53 AM #162427 quote
robertogozzi
Moderator

Legend
I use both that code as a screener and as an indicator (to spot previous days), but I was never reported ASX:AZJ:
```
x = Average[38](close) < Average[38](close)[10]
y = Average[38](close) > Average[38](close)[1]
z = Average[5](close)  > Average[5](close)[1]
RETURN x AND y AND z AS "xyz"
```
it’s performing correctly.
02/23/2021 at 11:57 AM #162429 quote

Malibu1
Participant

New

Cool. Thanks for testing it for me.

Must of just needed a day to update before it would work correctly.

03/29/2021 at 11:44 AM #165617 quote

Malibu1
Participant

New

Hi again,

I have been thinking about adding a daily % change indicator to the above indicator, to show when the trend starts to kick, mainly to isolate small cap shares that are about to rise significantly. How do I program it to look for a positive increase of between 3 and 10%? The simplified creation tool doesn’t allow for this. I am not really sure what the indicator for this would even look like.

Thanks,

Shane
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