Need Scan to find close between 50/21 moving averages

[philsy13]

I'd like to find a code that will allow me to scan for price trending between two moving averages. EMA 50 and 21. Essentially, it would find stocks within two moving averages prior to a significant move in either direction. Any help would be most appreciated!

 

[amcno03]

Hi @philsy13 here is the link with the scanner you've asked for: https://tos.mx/xcWRsK9

https://imgur.com/0K984tw

and also an indicator to show the candles that meet the criteria: https://tos.mx/I77rEEE

And the code. Bear in mind that it shows candles closing above EMA21 and below EMA50. IF you want it to show candles closing above EMA50 and below EMA21, just change the "def con1" for this line: def cond1= close is greater than AvgExp50 and close is less than avgexp21;

input price = close;
input length = 21;


plot AvgExp21 = ExpAverage(price, length);

input price1 = close;
input length1 = 50;


plot AvgExp50 = ExpAverage(price1, length1);

def cond1=  close is greater than AvgExp21 and close is less than avgexp50;
plot signal = cond1;
signal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_aRROW_UP);
signal.SetDefaultColor(Color.White);
signal.SetLineWeight(5);

signal.DefineColor("signal", Color.darK_ORANGE);

AssignPriceColor(if signal == 1 then signal.color("Signal") else Color.CURRENT);

https://imgur.com/s89mfi3

Hope It helps,
Best regards.
ps: English is not my mother tongue; please excuse any errors on my part.

 

[philsy13]

Hi @philsy13 here is the link with the scanner you've asked for: https://tos.mx/xcWRsK9

https://imgur.com/0K984tw

and also an indicator to show the candles that meet the criteria: https://tos.mx/I77rEEE

And the code. Bear in mind that it shows candles closing above EMA21 and below EMA50. IF you want it to show candles closing above EMA50 and below EMA21, just change the "def con1" for this line: def cond1= close is greater than AvgExp50 and close is less than avgexp21;

input price = close;
input length = 21;


plot AvgExp21 = ExpAverage(price, length);

input price1 = close;
input length1 = 50;


plot AvgExp50 = ExpAverage(price1, length1);

def cond1=  close is greater than AvgExp21 and close is less than avgexp50;
plot signal = cond1;
signal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_aRROW_UP);
signal.SetDefaultColor(Color.White);
signal.SetLineWeight(5);

signal.DefineColor("signal", Color.darK_ORANGE);

AssignPriceColor(if signal == 1 then signal.color("Signal") else Color.CURRENT);

https://imgur.com/s89mfi3

Hope It helps,
Best regards.
ps: English is not my mother tongue; please excuse any errors on my part.

You did a great job! Thank you! I'm adapting it to my trading style.