StockFetcher Forums · General Discussion · !0/21 week convergence help please?<< >>Post Follow-up
Smpoll
79 posts
msg #161085
Ignore Smpoll
5/15/2024 1:24:04 PM

Hi-

I have a script that isn't pulling up stocks where only the 10 and 21 SMA converge. I'm getting a lot of other hits as well.

It should be a very simple request of the scanner and not sure where to edit this script?

Thank you for anyone's help.

chart-display is weekly
chart-length is 14 months


close is less than 30 percent below the 52 week high
Show stocks where the average day range (50) is above 1.5%
and price is greater than 15
price is above MA(200)

and volume is greater than 100000
add column average volume (30)
add column average true range (22)
add column average day range (50)

sort column 7 descending
SET{VHISTO,MACD HISTOGRAM}
draw EMA(8)
draw EMA(9)
draw EMA(10)
draw EMA(21)
draw MA(40)
draw MA(50)
draw MA(118)

DRAW MACD
DRAW VHISTODN ON PLOT VHISTO
DRAW VHISTOUP ON PLOT VHISTO
draw RSI(StochRSI(14,14)

Smpoll
79 posts
msg #161086
Ignore Smpoll
5/15/2024 1:51:22 PM

Examples: Basically setups for Pullback Reversals on the weekly











xarlor
585 posts
msg #161090
Ignore xarlor
5/17/2024 1:06:31 PM

No where in the filter are you asking it to show only tickers with a ma(10) and ma(21) convergence.

Here is one way to do it.

added:

set{diff,abs(ma(10) minus ma(21))}
diff decreasing for last week


Adjust how long you want the convergence to be by changing "last week" to "last 2 weeks", "last 3 weeks", etc.

Fetcher[
chart-display is weekly
chart-length is 14 months

set{diff,abs(ma(10) minus ma(21))}
diff decreasing for last week

close is less than 30 percent below the 52 week high
Show stocks where the average day range (50) is above 1.5%
and price is greater than 15
price is above MA(200)

and volume is greater than 100000
add column average volume (30)
add column average true range (22)
add column average day range (50)

sort column 7 descending
SET{VHISTO,MACD HISTOGRAM}
draw EMA(8)
draw EMA(9)
draw EMA(10)
draw EMA(21)
draw MA(40)
draw MA(50)
draw MA(118)

DRAW MACD
DRAW VHISTODN ON PLOT VHISTO
DRAW VHISTOUP ON PLOT VHISTO
draw RSI(StochRSI(14,14)
]



Smpoll
79 posts
msg #161091
Ignore Smpoll
5/17/2024 1:29:48 PM

Thank you. What seemed to work best so far was creating "last 1 week", that pulled up more hits than "last week". When I added addt'l weeks there were 1 or 2 hits.

Still wondering if this can be tweaked for more of what I'm looking for, i.e.:



Smpoll
79 posts
msg #161099
Ignore Smpoll
5/20/2024 7:53:05 PM

Xarlor- I owe you an apology, after more research, I’ve found that your help was instrumental in weeding out many irrelevant charts and therefore saving me a lot of time!

So, my apologies again for seeming ungrateful at first and thank you again.

StockFetcher Forums · General Discussion · !0/21 week convergence help please?<< >>Post Follow-up

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