Need help setting up a new stock scan...
I'm hoping someone can help me with some criteria for setting up a scan. I'm looking to capture stocks which have achieved an intermediate high within the last 60 days and have been in a downtrend and are trading near the 200 day EMA currently and ideally have formed a pivot. I came up with a description in words, but other than item 1 and 2, not sure how to input things into stockcharts.com.
1. Stock must trade over 500,000 shares average for last 20 days
2. Greater than $5
3. Stock must have traded above the 200 DEMA for 20 days or more
4. Stock must be in decline
5. Stock must trade at less than 105% of the 200 DEMA
I define the pivot as the following, using candlesticks:
A down bar, followed by a bar that opens lower and closes higher, and the final bar opens down or equal to the previous bar’s close, and closes higher on the day.
I'm probably asking a lot for the pivot part and I'm cool with eye balling that part if necessary.
Thanks ahead of time for any info!
