How to construct a scan for a EMA (2) overlay of RSI(2), scanning for stocks where the overlay >60

golden123
golden123 ✭
in Scanning
I am using an overlay of EMA(2) to RSI(2) indicator. Struggling on how to construct a scan that will scan for stocks where the EMA(2) overlay is > 60. Would appreciate any help.

I have used [RSI(2)>EMA(2, RSI(2))] to sort for when RSI(2) is above it’s overlay. Learned to do this on this forum and has been very helpful in my charting-just need help with original question. Thanks.

Comments

  • lmkwin
    lmkwin ✭✭
    https://support.stockcharts.com/doku.php?id=scans:advanced_scan_syntax:overlay_scans

    One of the examples in the above link is for EMA overlay. You can add the indicator that the EMA is the overlay for by using a comma and the indicator properties.

    So if you pull up EMA from the workbench dropdown, it defaults to

    and [EMA(50,volume) > 9999999]

    You would change the EMA value from 50 to your preference, 2. Then change the volume to your indicator. In this case RSI(2)

    and [EMA(50,volume) > 9999999]

    becomes

    and [EMA(2,RSI(2)) > 60]


  • golden123
    golden123 ✭
    Thanks-just what I needed-works perfectly.

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