Simple but effective screener (RSI(5) + SMA(25))

• 01/09/2019 at 11:37 PM #88277
  Domingos Amoedo

  Hello. I want to build a screener that show me the stocks that match the following criteria:

  a) long ENTRY:

  1. 25 day simple moving average going up, and

  2. RSI 5 periods is about to cross up level 20.

  b) short ENTRY

  1. 25 day simple moving average going down, and
  2. RSI 5 periods is about to cross down level 70

  Thank you in advance.

   

   

  

  Domingos Amoedo

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  01/09/2019 at 11:47 PM #88278
  robertogozzi

  1 – what do you mean by SMA25 going up? Simply > than the previous candle or also below price in an uptrend?

  2 – what do you mean by RSI5 about to cross up 20? 19.8, 19.0,…. or simply greater than the previous candle but still < 20?

  

  robertogozzi

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  01/10/2019 at 10:56 PM #88344
  Domingos Amoedo

  1. what do you mean by SMA25 going up? Simply > than the previous candle or also below price in an uptrend?

  Simply > than the previous candles in an uptrend

  2. what do you mean by RSI5 about to cross up 20?

  19,8, 19,7… not less than 19.5.

  Thanks a lot.

   

   

  

  Domingos Amoedo

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  01/10/2019 at 11:58 PM #88346
  robertogozzi

  With the above parameters I could not get any entry. To test it I had to use SMA100 + RSI5 with limits 15-20 and 70-75, but you’ll find those that suit you best:

  Sma25 = Average[25,0](close) UPsma = close > Sma25 AND Sma25 > Sma25[1] DNsma = close < Sma25 AND Sma25 < Sma25[1] Rsi5 = Rsi[5](close) UPrsi = Rsi5 > Rsi5[1] AND Rsi5 <= 20 AND Rsi5 >= 19.5 DNrsi = Rsi5 < Rsi5[1] AND Rsi5 >= 70 AND Rsi5 <= 70.5 Result = 0 IF UPsma AND UPrsi THEN Result = 1 //1 = LONG entry ELSIF DNsma AND DNrsi THEN Result = 2 //2 = SHORT entry ENDIF SCREENER[Result] (Result AS "L/S")

  1 2 3 4 5 6 7 8 9 10 11 12 13

  Sma25  = Average[25,0](close) UPsma  = close > Sma25 AND Sma25 > Sma25[1] DNsma  = close < Sma25 AND Sma25 < Sma25[1] Rsi5   = Rsi[5](close) UPrsi  = Rsi5 > Rsi5[1] AND Rsi5 <= 20 AND Rsi5 >= 19.5 DNrsi  = Rsi5 < Rsi5[1] AND Rsi5 >= 70 AND Rsi5 <= 70.5 Result = 0 IF UPsma AND UPrsi THEN    Result = 1                      //1 = LONG  entry ELSIF DNsma AND DNrsi THEN    Result = 2                      //2 = SHORT entry ENDIF SCREENER[Result] (Result AS "L/S")

   

  

  robertogozzi

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