I am attempting to detect a crossover when the 20 day EMA goes above
the 50 day EMA. Sometimes the results include a stock that fulfilled
that requirement days and days ago. Obviously, that is not a valid
result. The code I wrote is:
// The 20 day moving average has crossed over the 50 day moving
average
output="20_Over_50macross.lst";
if EMovAvg(0,20,cl) > EMovAvg(0,50,cl) and // The 20 day MA is above
the 50 day ma today
EMovAvg(-1,20,cl) < EMovAvg(-1,50,cl) and // The 20 Day MA was below
the 50 day ma yesterday
Close(0) >= 25 and // At least a 25 dollar stock
AvgVol(0,-29) >= 250000 then // The average volume is at least
250,000 shares
println symbol,",",description;
endif;
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