glgene
616 posts
msg #97523
- Ignore glgene |
11/16/2010 11:07:29 PM
Last night I posted a script, but it was buried in the GLD vs. SPY topic. Midway thru that thread, the conversation turned to the overall market, zeroing in on the 20-day MA.
So here is the script relative to "Major Indices above/below their MA(20) and MA(50)" using ETFs as benchmarks.
100.00 = Close/MA(20) when both lines touch. Same with MA(50). The draw command also includes Bollinger bands. Best to use both the Table and Chart views.
I welcome constructive input as to how to make the script better, or comments re: its potential usage. Thanks, Duke56468, for your help so far; keep it coming! (Note: See how the figures change on Nov. 16 from 1 day ago on Nov. 15 [some from above 100 to below 100]). Overall, re: MA(20) shown is the current day and also 3 days back. That way a trend is more visible.
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