Re: Peter, scanning for SMA-20 of RSI(5)
Sure, scanning for an overlay of an indicator can be done, just nest the indicator into the overlay criteria. In this case you are looking at the SMA-20 of the RSI(5) and want to search for when it crosses above 50.
So lets use the comparison operator "X" (crosses above) and the scan would be written as follows.
[type = stock]
and [SMA(20,RSI(5)) X 50.0]
hope this helps,
Quasi
I don't work for Stockcharts, I'm just another user always trying to learn more and willing to share what I've already learned.
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