Strange SMA behavior

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07/15/2023 at 10:50 AM #217681 quote
benkunz
Participant

New
Hi,

I’m trying to create a simple screener and the behavior seems weird to me. but I guess there is an explanation somewhere 🙂
```
TIMEFRAME(daily)
SMA50 = average[50](close)
SMA200 = average[200](close)

c1 = SMA50 > SMA200

SCREENER [c1]
```
my screener returns the “AXA” stock. I’m attaching the chart of AXA. We can clearly see that the SMA50 is below the SMA200, not above. Why was it returned by the screener ?
regards

Capture-decran-2023-07-15-a-11.47.39.jpg
07/15/2023 at 12:21 PM #217684 quote

JS
Participant

Master

Hi,

I see that you work with graphs where the historical data has not been adjusted after, for example, dividend payments…

If you do not adjust the historical data there is a chance of “gap” formation, as in your graph, which cause wrong results in your screener…

Go to “SetUp – Platform – Charts – Customize historical data”

benkunz thanked this post

07/15/2023 at 2:56 PM #217691 quote

benkunz
Participant

New

that did the trick! 🙂
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Strange SMA behavior

ProScreener: Market Scanners & Detection

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benkunz @benkunz Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by benkunz
3 years, 2 months ago.

Topic Details

Forum:	ProScreener: Market Scanners & Detection
Language:	English
Started:	07/15/2023
Status:	Active
Attachments:	1 files

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