scan for stocks whose price is above 3 MA and VWAP

December 19th, 2020, 12:25 PM

I was looking for a TOS script that scans and alerts the stocks whose price is above 5, 10 and 20 SMA and VWAP at 5 minutes for intraday and day for a longer time frame.

I know it can be done for a one time frame using the default study Movingavgcrossover but how to do it for multiple timeframe and VWAP. Please look into the attached images for example.

Thanks

December 27th, 2020, 11:14 PM

Code

def ma5 = SimpleMovingAvg(length=5);
def ma10 = SimpleMovingAvg(length=10);
def ma20 = SimpleMovingAvg(length=20);

plot result =  ma5 < close AND ma10 < close AND ma20 < close AND vwap < close;

Create two custom filters in your Scan tab and set one to 5M and the other to Day.

You can then save this as a watchlist and then set the watchlist to alert you on changes.

scan for stocks whose price is above 3 MA and VWAP

Discussion in ThinkOrSwim

scan for stocks whose price is above 3 MA and VWAP