can someone help me create a script for an alert when the 20day sma moves above the 200 day sma? this would be i guess a scan for all stocks, or could i do it both ways, for a watchlist and for a scan?

cheers

coolcat7fl 

can someone help me create a script for an alert when the 20day sma moves above the 200 day sma? this would be i guess a scan for all stocks, or could i do it both ways, for a watchlist and for a scan? cheers

This is a "simple" use of the crossover study on scans. Note that this will only show you the stocks when the cross has just happened.

I'm not yet allowed to post links, so what you need to do is go to the Scan tool & select STUDY --> Crossover --> MovingAvgCrossover. Then change the short to 20 and the Long to 200. Select Simple for each MA and be sure you're using Daily. That's it!

This should work. If today's 20day is greater than today's 200day and yesterday's 20day is less than yesterday's 200day:

def fast = 20;
def slow = 200;

def FastSMA = MovingAverage(AverageType.Simple, close, fast);
def SlowSMA = MovingAverage(AverageType.Simple, close, slow);

plot BullMA = (FastSMA > SlowSMA) and (FastSMA[1] < SlowSMA[1]);

coolcat7fl 

can someone help me create a script for an alert when the 20day sma moves above the 200 day sma? this would be i guess a scan for all stocks, or could i do it both ways, for a watchlist and for a scan? cheers

Would a Python solution work for you? Recently I wrote a Python script that scans thousands of stocks in order to filter out stocks that meet a certain condition.