$NYAD

mobern
mobern ✭
in Other Charting Tools
I tried to set up the sell signal that Joe Duarte often refers to. $NYAD crosses below the 50 day moving average and the RSI is below 50. I wrote the alert as this:
[symbol = '$NYAD']
and [SMA(50,close) x close]
and [RSI(14) <50.0]

It should have triggered yesterday. Please help me correct this.
Thank you

Comments

  • lmkwin
    lmkwin ✭✭
    If you run this alert as a scan, it triggers on the 12th. The cross happened last week.




    A great way to "test" alerts is to run them as a scan. The same logic is applied in both workbenches. On the Scan you can change the date to run the "alert" against.
  • markd
    markd mod
    @lmkwin correct me if I'm wrong - to clarify for @mobern - an alert will not trigger if the condition is already true when you activate the alert - only if the alert is not true when you activate it and later becomes true.
  • lmkwin
    lmkwin ✭✭
    You are correct. Alerts only trigger at the time that they happen. You could set a nested condition inside the alert, just like with a scan, to alert on prior activity though.

    This returns a result if the condition was met in the last 6 days in the scan. I didn't test it in alerts, but I do have nested alerts that return results.

    [symbol = '$NYAD']
    and
    [
    [[SMA(50,close) x close]
    and [RSI(14) <50.0]]
    or
    [[1 days ago SMA(50,close) x 1 days ago close]
    and [1 days ago RSI(14) <50.0]]
    or
    [[1 days ago SMA(50,close) x 1 days ago close]
    and [1 days ago RSI(14) <50.0]]
    or
    [[2 days ago SMA(50,close) x 2 days ago close]
    and [2 days ago RSI(14) <50.0]]
    or
    [[3 days ago SMA(50,close) x 3 days ago close]
    and [3 days ago RSI(14) <50.0]]
    or
    [[4 days ago SMA(50,close) x 4 days ago close]
    and [4 days ago RSI(14) <50.0]]
    or
    [[5 days ago SMA(50,close) x 5 days ago close]
    and [5 days ago RSI(14) <50.0]]
    ]

  • mobern
    mobern ✭
    Many thanks, now I understand why

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