Scan for overbought/oversold

Dean

New member
I've tried to do this but am not having any success. I am looking to build a scan for overbought/oversold combining Stochastic Full, Money Flow Index, RSI, and Momentum Index. I mostly want to scan for stocks currently trading under 30 on each of these studies by combining them into one study. I hope that makes sense.
I appreciate any help someone would be able to provide.
 
OK, Let's give this a go...

Code:
def STO = StochasticFull().FullD;
def MFI = MoneyFlowIndex().MoneyFlowIndex;
def STR = RSI();
def RMI = RelativeMomentumIndex().RMI;

def C1 = if STO <= 30 then 1 else 0;
def C2 = if MFI <= 30 then 1 else 0;
def C3 = if STR <= 30 then 1 else 0;
def C4 = if RMI <= 30 then 1 else 0;

plot EUREKA = if C1 == 1 AND C2 == 1 AND C3 == 1 AND C4 == 1 then 1 else double.nan;

Or something like that. Basically, I called each of the indicators you mentioned, then ran condition checks (c1 to c4)
If each of them is 1 (true) then we have a hit otherwise, we pass.

On the daily tonight, with a minimum price of $5.00 and a minimum volume of 500,000 it returns 82 tickers.

-mashume
 
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