Screener Short – Moving average – Stochastic

• 04/15/2016 at 7:01 PM #5466
  Henry

  A request that was addressed to ProRealTime:

  Hello,

  I would like to create a screener that accomplishes the following.

  Screener Short :
  1. The current closing price is below the 50 day simple moving average.
  2. The 50 day simple moving average is lower than 5 days ago.
  3. The 20 day simple moving average is below the 50 day simple moving average.
  4. The Stochastic [8,3] has to be greater than 60. If it then falls by 5 points that’s when we want to get a screener result.

  //Short-Screener: c1 = (close < Average[50](close)) c2 = (Average[50](close) < Average[50](close)[5]) c3 = (Average[20](close) < Average[50](close)) c4 = Stochastic[8,3](close) > 40 SCREENER[c1 AND c2 AND c3 AND c4] ((close/DClose(1)-1)*100 AS "%Chg yest.")

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  //Short-Screener: c1 = (close < Average[50](close)) c2 = (Average[50](close) < Average[50](close)[5]) c3 = (Average[20](close) < Average[50](close)) c4 = Stochastic[8,3](close) > 40 SCREENER[c1 AND c2 AND c3 AND c4] ((close/DClose(1)-1)*100 AS "%Chg yest.")

   

  Suggestion for an anwser:

  //Short-Screener avg50=Average[50](close) avg20=Average[20](close) mystochastic=Stochastic[8,3](close) if mystochastic crosses over 60 then maxvalue=mystochastic elsif mystochastic > 60 then maxvalue=max(maxvalue,mystochastic) endif c1 = (close < avg50) c2 = (avg50 < avg50[5]) c3 = (avg20 < avg50) c4 = mystochastic > 60 and mystochastic > maxvalue-5 SCREENER[c1 AND c2 AND c3 AND c4] ((close/DClose(1)-1)*100 AS "%Chg yest.")

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  //Short-Screener avg50=Average[50](close) avg20=Average[20](close) mystochastic=Stochastic[8,3](close)   if mystochastic crosses over 60 then maxvalue=mystochastic elsif mystochastic > 60  then maxvalue=max(maxvalue,mystochastic) endif   c1 = (close < avg50) c2 = (avg50 < avg50[5]) c3 = (avg20 < avg50) c4 = mystochastic > 60 and mystochastic > maxvalue-5   SCREENER[c1 AND c2 AND c3 AND c4] ((close/DClose(1)-1)*100 AS "%Chg yest.")

   

  

  Henry

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