Trending MACD + HMA Scan & Watchlist For ThinkOrSwim

[TPTrades]

Good Afternoon Everyone,

I'm looking for a scanner or indicator where the price action crosses the MACD zero line and the 200 moving average. Most preferably the 200 Hulls Moving Average. Please help! I've back tested it on many charts and looks very promising. Also, hopes this helps someone else along with the community.

 

[MerryDay]

To Find Trending Stocks

Scan for Price crossing above Hullma and MACD crossing above 0
This is a script is written for the SCAN HACKER only.
As such, you can stuff this code straight into the scanner.

These scripts have been updated, to clean up some logic:

#Scan for Price crossing above Hull and MACD crossing above 0
input fast = 12;  input slow = 26;  input Length = 5;
def nMACD = MACD(fastLength = fast, slowLength = slow, MACDLength = Length);
input hullLEN = 200;
def hullAVG = HullMovingAvg(length = hullLEN);
plot scan =
((nMACD crosses above 0 within 3 bars) and close crosses above hullAVG)
 or
(nMACD crosses above 0 and (close crosses above hullAVG within 3 bars));

This script is written for WATCHLIST column only.
color key:
cyan = macd cross above 0 and hull cross above 200
green = macd above 0 and hull above 200
red = macd below 0 and hull below 200
gray = macd below 0 OR hull below 200

# Watchlist for Price above Hull and MACD above 0
input fast = 12;  input slow = 26;  input Length = 5;
plot nMACD = MACD(fastLength = fast, slowLength = slow, MACDLength = Length);
input hullLEN = 200;
def hullAVG = HullMovingAvg(length = hullLEN);


plot scan =
((nMACD crosses above 0 within 3 bars) and close crosses above hullAVG)
 or
(nMACD crosses above 0 and (close crosses above hullAVG within 3 bars));

AssignBackgroundColor(
if scan then color.cyan else
if nMACD > 0 and close > hullAVG  then color.green else
if nMACD < 0 and close < hullAVG then color.red else color.gray);