PROTECTED SOURCE SCRIPT
EMA Screener with Day Breakouts
Updated
The present script is aimed at screening number of stocks as per user input with respect to Daily Exponential Moving Average. Default is set at 200 DEMA, it can be changed by the user from settings menu as per user's preference.
The EMA cell illuminates to Green if Day's Open < EMA
The EMA cell illuminates to Purple if Day's Open > EMA
EMU cell shows the price as, EMA * EMA Price Multiplier (i.e. range below EMA, customizable from settings by user)
EMU cell illuminates to light Green when Price > EMU (i.e. the price is in range of EMA, For example suppose EMA value is 1000 and EMA Price Multiplier is 0.95 then the EMU cell value will be 950 as soon as the price crosses above 950 the EMU cell will get illuminated)
EMD cell shows the price as, EMA * EMA Price Multiplier (i.e. range above EMA, customizable from settings by user)
EMD cell illuminates to red when Price < EMD (i.e. the price is in range of EMA, For example suppose EMA value is 1000 and EMA Price Multiplier is 1.05 then the EMD cell value will be 1050 as soon as the price crosses below 1050 the EMD cell will get illuminated)
The DBO (Day Break Out) cell illuminates to Blue when the current price is near Day's high.
--Dr. Vats
Disclaimer: Only for studying price movement ideas, trading is not advised.
The EMA cell illuminates to Green if Day's Open < EMA
The EMA cell illuminates to Purple if Day's Open > EMA
EMU cell shows the price as, EMA * EMA Price Multiplier (i.e. range below EMA, customizable from settings by user)
EMU cell illuminates to light Green when Price > EMU (i.e. the price is in range of EMA, For example suppose EMA value is 1000 and EMA Price Multiplier is 0.95 then the EMU cell value will be 950 as soon as the price crosses above 950 the EMU cell will get illuminated)
EMD cell shows the price as, EMA * EMA Price Multiplier (i.e. range above EMA, customizable from settings by user)
EMD cell illuminates to red when Price < EMD (i.e. the price is in range of EMA, For example suppose EMA value is 1000 and EMA Price Multiplier is 1.05 then the EMD cell value will be 1050 as soon as the price crosses below 1050 the EMD cell will get illuminated)
The DBO (Day Break Out) cell illuminates to Blue when the current price is near Day's high.
--Dr. Vats
Disclaimer: Only for studying price movement ideas, trading is not advised.
Release Notes
Updated visibility and tool tip description in settings menu.Also check out my other scripts
--Dr. Vats
Release Notes
Increased the number of stocks included to 40.Release Notes
Added the Text Color change option in settings for enhanced visibility on White/Black background.Release Notes
Visibility enhancement by default background selection option.
DM contact: x.com/TathaastuVats
Telegram: t.me/simplya
Explainer YouTube: youtube.com/channel/UCIKgUNfoe5dZQIX_ZpBt_iQ
Telegram: t.me/simplya
Explainer YouTube: youtube.com/channel/UCIKgUNfoe5dZQIX_ZpBt_iQ
Disclaimer
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