{"id":3934,"date":"2015-07-07T15:53:23","date_gmt":"2015-07-07T19:53:23","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?page_id=3934"},"modified":"2015-07-07T19:07:36","modified_gmt":"2015-07-07T23:07:36","slug":"moving-average-reversal-script-and-screener","status":"publish","type":"page","link":"https:\/\/trades.iwopremium.com\/member-bonuses\/moving-average-reversal-script-and-screener\/","title":{"rendered":"Moving Average Reversal Script and Screener"},"content":{"rendered":"<p>Here\u2019s the code:<\/p>\n<p># MA Reversal<\/p>\n<p>input price = close;<br \/>\ninput length = 20;<br \/>\ninput displace = 0;<\/p>\n<p>def SMA = Average(price[-displace], length);<\/p>\n<p>def LE;<\/p>\n<p>if ((low &lt; SMA) and ( close[1] &gt; SMA ) and (close &gt; open)) {<br \/>\nLE = 1;<br \/>\n} else {<br \/>\nLE = 0;<br \/>\n}<\/p>\n<p>plot long = LE;<\/p>\n<p>long.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);<\/p>\n<p>long.SetDefaultColor(color.GREEN);<\/p>\n<p>All this looks for are instances in which a stock has touched a moving average and finished green on the day.<\/p>\n<p>Now we can apply this screener to a list of stocks.<\/p>\n<p>Here are the conditions to use on the thinkorswim scanner:<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"http:\/\/trades.investingwithoptions.com\/files\/2013\/09\/reversal1.png\" alt=\"\" width=\"800\" height=\"425\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here\u2019s the code: # MA Reversal input price = close; input length = 20; input displace = 0; def SMA = Average(price[-displace], length); def LE; if ((low &lt; SMA) and ( close[1] &gt; SMA ) and (close &gt; open)) { LE = 1; } else { LE = 0; } plot long = LE; long.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP); [&hellip;]<\/p>\n","protected":false},"author":891,"featured_media":0,"parent":3879,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/pages\/3934"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/891"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=3934"}],"version-history":[{"count":2,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/pages\/3934\/revisions"}],"predecessor-version":[{"id":3960,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/pages\/3934\/revisions\/3960"}],"up":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/pages\/3879"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=3934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}