Trending MACD + HMA Scan & Watchlist For ThinkOrSwim

[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);