fotchstecker
304 posts
msg #126240
- Ignore fotchstecker |
11/18/2015 3:32:00 PM
After a few runs at it, I'm looking for some ideas on how to write the following. It's an "EMA Difference" filter.
1. The filter looks for the relationship between (close - slowEMA) and (fastEMA - slowEMA).
2. The current bar's value for both of (close - slowEMA) and (fastEMA - slowEMA) has just become higher; one day ago it was lower for each. E.g., both have "turned green".
3. Both of (close - slowEMA) and (fastEMA - slowEMA) should be above a zero line. Alternately, the filter could have a column for sorting.
I'm patterning off an indicator that uses line drawings:
"The faster moving line is the difference between the close and the Slow EMA , while the slower moving line shows the difference between the Fast EMA and the Slow EMA ."
The values for slow and fast don't matter (yet), so long as they just represent slower and faster periods.
10 and 24 are fine.
"Turning green" would be a buy signal, etc.
Any ideas? Thank you.
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Mactheriverrat
3,153 posts
msg #126241
- Ignore Mactheriverrat |
11/18/2015 5:03:10 PM
Show stocks where EMA(5) is above EMA(13)
HxH is number of consecutive days ema(5) above (+)/below(-) previous EMA(5) and set{hhb,days( ema(5) is above EMA(5)1 day ago,100)}
set{HHa,days( ema(5) is below EMA(5) 1 day ago,100)} set{HxH, HHa - HHb} and add column HxH {H_x_H}
do not draw HxH
---------------
Sort column where it show the EMA(5) the first day up.
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fotchstecker
304 posts
msg #126242
- Ignore fotchstecker
modified |
11/18/2015 10:43:15 PM
Mac, this is impressive. Thank you for helping. Also, I had never seen above/below used before.
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fotchstecker
304 posts
msg #126243
- Ignore fotchstecker |
11/18/2015 10:59:40 PM
Mac, here are some of the other criteria I'm playing with. I like how things are looking. Thanks again.
Show stocks where EMA(5) is above EMA(13)
HxH is number of consecutive days ema(5) above (+)/below(-) previous EMA(5) and
set{hhb,days( ema(5) is above EMA(5)1 day ago,100)}
set{HHa,days( ema(5) is below EMA(5) 1 day ago,100)}
set{HxH, HHa - HHb} and add column HxH {H_x_H}
HxH < 2
HxH > 0
volume more than 20% above average volume(20)
close is above 1
ADX(5) is above 30
Average Volume(30) is above 1000000
draw Bollinger Bands(20,2.0)
chart-time is 3 months
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Mactheriverrat
3,153 posts
msg #126244
- Ignore Mactheriverrat |
11/19/2015 5:30:29 AM
Interesting!
Your Welcome.
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