8 EMA Scanner and Watchlist

[brw71585]

Is there a way to develop a scanner to show when a stock candlestick closed on or near the 8 EMA on the 5 min chart? Also to put it in a watchlist?

 

[barbaros]

Is there a way to develop a scanner to show when a stock candlestick closed on or near the 8 EMA on the 5 min chart? Also to put it in a watchlist?

You will need to define "near" a little bit more. Price closing on an EMA will be super rare.

 

[brw71585]

You will need to define "near" a little bit more. Price closing on an EMA will be super rare.

I am new to this so I would say within .10 -.30 cents if that makes sense

 

[barbaros]

I am new to this so I would say within .10 -.30 cents if that makes sense

try this

input length = 8;
input delta = 0.10;

def avg = MovAvgExponential(close, length);

plot belowAlert = Between(close, avg, avg-delta);
belowAlert.SetPaintingStrategy(PaintingStrategy.ARROW_UP);

plot aboveAlert = Between(close, avg, avg+delta);
aboveAlert.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);

 

[brw71585]

try this

input length = 8;
input delta = 0.10;

def avg = MovAvgExponential(close, length);

plot belowAlert = Between(close, avg, avg-delta);
belowAlert.SetPaintingStrategy(PaintingStrategy.ARROW_UP);

plot aboveAlert = Between(close, avg, avg+delta);
aboveAlert.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);

ok would I add this as an Indicator first then set it up as a scanner?

 

[barbaros]

Add it to your chart first to see if it identifies what you are looking for correctly, and than we can create the scanner.