Request Forum members to help in building formula that can scan for all stocks in the database matching follwing criteria
1. EMA (Exponetial Moving Average) Volume of 30 days is above 500,000 and
2. Today's Volume is up by 1.5x or more its previous day volume and
3. RSI(14) is below 40 and
4. EMA (9 days) crosses its EMA(50 days) and
5. Today's gain is below <=5% (Assumes you want a +ve, not -ve gain!)
Regards and thanks
Using information from the Community Manual ...
1.
Min EMA V, 30 > 500000
2.
V >= V[1] * 1.5
3.
RSI[14] < 40
4.
M_MA1CrossMA2 = 1 (means it will pick out all MA1/M2 crosses (MA1 going over MA2). [ 'M_ ' indicates a macro. ]
5.
C > C[1] AND C < C[1] * 1.05
Try these combined as ...
Min EMA V, 30 > 500000 AND V >= V[1] * 1.5 AND RSI[14] < 40 AND M_MA1CrossMA2 = 1 AND C > C[1] AND C < C[1] * 1.05
I presume you know how to change the values of EMA, EMA1 and EMA2 in 'Settings'.
(I'm not sure that you will find a great number of matches.)
Using FCharts SE? Put the formula in Condition 1 and 2 boxes.
Using FCharts Pro? Can also use them in 3 and 4 boxes. (If you slightly alter the numerical values in the Condition 3 and 4 boxes, you can test two sets of conditons separately but show both of the sets on the main screen for each scrip.)
(Didn't know that the program was that versatile, did you!)
