alp1535 13 posts msg #37178 - Ignore alp1535 |
7/30/2005 5:43:31 PM
Hi I'm new to trading and have been reading the forum for about two months now. TheRumpledOne's "load the boat" suggestion has been wonderful. I also added MA 13-50-200 to the prophet.net charts and it works great. But here's my question. I'm wanting to find stocks where MA(13) and MA(50) are about to crossover. SF's scan says "Show stocks where MA(13) crossed above MA(50)" and this scan is after the fact. It finds stock that have already gapped up. I want to see this setup BEFORE the MA's actually crossover.
What phrase would I use to have the scan find stocks where the two MA's (13-50) are just about to crossover.
I tried using "Show stocks where MA(13) is approaching MA(50) but it didn't work too well.
Can anyone help me out here
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txtrapper 548 posts msg #37186 - Ignore txtrapper |
7/30/2005 8:19:18 PM
show stocks where EMA(13) is approaching EMA(50) from below
this works you may also want to try WMA. Could not get MA to work properly, I think EMA will work fine for you.
TxTrapper
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TheRumpledOne 6,411 posts msg #37187 - Ignore TheRumpledOne |
7/30/2005 8:43:23 PM
Column D1350 is the result of subtracting the MA(13) from the MA(50).
The closer D1350 is to zero, the closer the MA(13) is to crossing over the MA(50). Of course, if you can add a line like:
D1350 below .10
and only look at the ones close by.
This is a case where SORTING beats selecting due to SF limitations.
I display the M13XM50 column so you would know how many days the MA(13) has been below the MA(50).
I display the TREND column so you can see if the stock is in a 13, 50 and/or 200 day uptrend or downtrend.
MAY ALL YOUR FILLS BE COMPLETE.
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alp1535 13 posts msg #37188 - Ignore alp1535 |
7/30/2005 11:01:58 PM
Thanks TxTrapper and TheRumpledOne. Both suggestions seem to work great. I can't wait until Monday.
TheRumpledOne: After sorting, I think the D1350 between .20 and .40 will offer the most opportunity to jump in and ride the wave.
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TheRumpledOne 6,411 posts msg #37189 - Ignore TheRumpledOne |
7/30/2005 11:14:34 PM
7/30/2005 8:43:23 PM
Seems like my original filter showed a flaw in SF's processing.
I got a few emails saying that MY filter gave invalid info... but in reality the difference was out to 4 decimal places.
The above filter uses TxTrapper method for finding the stocks. What is funny is RD comes up on the when it really shouldn't!! The difference is -.22!!
That's another reason why having the data displayed is valid and not just bells and whistles. It shows you when SF isn't accurate.
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne 6,411 posts msg #37190 - Ignore TheRumpledOne |
7/30/2005 11:23:57 PM
Whoops! I forgot TX was using ema instead of ma!
Here's TX's method using MA!
So approaching only catches the stocks within .20.
Learned something new.
MAY ALL YOUR FILLS BE COMPLETE.
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