Need a script

#1
HI

Iam Started Using Amibroker for the past 6months.And I need a Script to run in analysis window to scan the stocks whichever are coverging(all at one place) 50,100,200 Sma . Can Some body write a script for me..


thanx in advance..
 

pannalal

Well-Known Member
#2
HI

Iam Started Using Amibroker for the past 6months.And I need a Script to run in analysis window to scan the stocks whichever are coverging(all at one place) 50,100,200 Sma . Can Some body write a script for me..


thanx in advance..
I have never used Amibroker (I do not do trading so why I do require it). By converging all at one place means all are very near. In plain English, I can give you algorithm, you put into Amibroker langauge:

if (sma(50)/sma(100)) is between 0.99 and 1.01 AND (sma(100)/sma(200)) is between 0.99 and 1.01 AND (sma(50)/sma(200)) is between 0.99 and 1.01

then display the stock

endif
 

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