Scans - excluding "SML" from the universe (but retaining $Index results)

dryan3
dryan3 ✭
in Using this StockCharts Answer Network forum
I wish to create a MACD scan to include $ index but to exclude the Universe of small caps:

Can you help?

My scan is below:


[group is not Sp600]
AND [group is not Sp400]
AND [country is not canada]
AND [group is NOT TSE300]


and [exchange is NOT NSE]
and [exchange is NOT OTCMKT]


// COUNTRY

and [country is not Canada]

// STARTS/ENDS/CONTAINS



AND [Weekly MACD Signal(12,26,9,Weekly Close) < 0] AND [Weekly MACD Line(12,26,9,Weekly Close) < 0]
AND [Weekly MACD Signal(12,26,9,Weekly Close) crosses Weekly MACD Line(12,26,9,Weekly Close)]
AND [Weekly MACD Hist(12,26,9,Weekly Close) < Last Week's MACD Hist(12,26,9,Weekly Close)] AND [Last Week's MACD Hist(12,26,9,Weekly Close) < 2 weeks ago Weekly MACD Hist(12,26,9,Weekly Close)] AND [2 weeks ago Weekly MACD Hist(12,26,9,Weekly Close) < 3 weeks ago Weekly MACD Hist(12,26,9,Weekly Close)] AND [3 weeks ago Weekly MACD Hist(12,26,9,Weekly Close) < 4 weeks ago Weekly MACD Hist(12,26,9,Weekly Close)]

Rank by "marketcap"

Comments

  • markd
    markd mod
    edited August 2016
    For market cap, I think you can cover it all by choosing a market cap number large enough to exclude small caps. Market cap is expressed in millions, so 100 would be 100 million, 1000 would be a billion. So maybe:

    and [market cap > 2000]

    2 billion is the upper limit of the Finviz site's definition of small cap, but it's up to you.

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