I am fairly good at backwards engineering code to do what i want with custom TOS scans but this one kinda has me stumped.... I want to look for ex. 21 period SMA 20% or more lower then 21 period SMA form 20 bars ago and.... price (low) is 10% or more below the current bar 21 period SMA

i would like to figure out the code for each condition individually then i can just add them both into my scann

Brandonoh777 

I am fairly good at backwards engineering code to do what i want with custom TOS scans but this one kinda has me stumped.... I want to look for ex. 21 period SMA 20% or more lower then 21 period SMA form 20 bars ago and.... price (low) is 10% or more below the current bar 21 period SMA i would like to figure out the code for each condition individually then i can just add them both into my scann

 

Code

declare lower; input length = 21; input price = close; input averageType = averageType.SIMPLE; input compareToBarsAgo = 20; def ma = MovingAverage(averageType, price, length); plot MA_Condition = ma < ma[compareToBarsAgo] * .8; plot Price_Condition = low < ma * .9;

Nube 

Code declare lower; input length = 21; input price = close; input averageType = averageType.SIMPLE; input compareToBarsAgo = 20; def ma = MovingAverage(averageType, price, length); plot MA_Condition = ma < ma[compareToBarsAgo] * .8; plot Price_Condition = low < ma * .9;

ok thanks ill try that!!! if its in a scan do i need the plot scan statement?

Nube 

Code declare lower; input length = 21; input price = close; input averageType = averageType.SIMPLE; input compareToBarsAgo = 20; def ma = MovingAverage(averageType, price, length); plot MA_Condition = ma < ma[compareToBarsAgo] * .8; plot Price_Condition = low < ma * .9;

and in the future if i wanted to look at the flip side 21 period sma X % higher then 21 period sma form x bars ago i would change it to declare higher?

Nube 

Code declare lower; input length = 21; input price = close; input averageType = averageType.SIMPLE; input compareToBarsAgo = 20; def ma = MovingAverage(averageType, price, length); plot MA_Condition = ma < ma[compareToBarsAgo] * .8; plot Price_Condition = low < ma * .9;

the OK button is grayed out