Stock attribute operation(equals) indicator. indicator operation(greater than/less than) number constant. Below is the format for linking operations with other filter components.
Eg: Compare an Indicator value to a number constant OR Add indicators to themselves. Once you have added a “Stock Attribute”/”Indicator” you’d want to perform certain operations on them(eg compare them), operations bind indicators to your custom criteria. If a “Indicator” requires multiple parameters, they are separated by a comma eg: “(close, 200)” here. Indicator filterĪdding SMA as a indicator, notice the parameter for SMA, signifying the computations to be on the “close” stock attribute for the past 200 days. Most of the indicators require a parameter to be specified for their computations, Chartink defaults the parameter when you add them(inside brackets), you can also change the parameter of any of the indicators. A common use case is comparing an indicator value with another value derived from another “Indicator” OR”Stock Attribute”. etc and perform various computations against them to filter stocks. You can add multiple indicators RSI, MACD, ADX, SMA, EMA.
Number constants cannot have a offset, as they’d be the same if valued for today, yesterday OR any days ago. Can be used against comparisons(greater than, less than.) operators OR any of the mathematical operations(+,-,/,*). Relates to hard coded number definitions. Modify “Offset”Ī offset is automatically added once you select a stock attribute or a indicator defaulting to “Latest”. To change, click on it. Offsets help your add this flexibility to help you compare components days prior to the latest trading day. Often, you may what to compare yesterdays filter component with today’s/latest, eg: Searching for stocks that have closed above their yesterdays close. Notice the “Offset” component automatically added.
Steps performed to add “Close” as a filter attribute. A stock attribute would always be prefixed by a offset, specifying “are you looking for the latest value OR a day ago OR n days ago”. Relates to the Open, High, Low, Close, Volume of a stock. Specifies to list stocks whose closing is greater than 5000, the interface relates closely to our English language grammer.Ī filter is made of individual components as follows: Stock attributes A scan with a single filter looks like below: Sample filter Scans are made up of multiple filters, which can be added by clicking on the filter icon. ) & fundamental parameters(pe, book value. everything configurable by your requirements, including technical(rsi, macd, breakout. A few examples include listing stocks that have crossed the 200 day moving average OR having RSI values greater than 70 OR stocks closing above their open price and many more.
Chartink’s scanner encompasses all the flexibility requested by our users to provide custom, accurate & fast stock scans. New! Video TutorialsĪ tool to help you scan stocks broken out of various technical levels/indicators that you’ve customized and built during your experience with stock markets & technical analysis. In the first example, the line graph had only one data series, but the following column chart has two.The following documents shall assist you in creating, understanding & running custom scans. We recommend that you have our scanning tool open in another window to practice the below demonstrations. We’ll explore more of these later in this article.Ĭhoose the trendline you want to use from the list, and it will be added to your chart. The Format Trendline pane opens and presents all trendline types and further options.
#Excel trendline of multiple series full
To see the full complement of options, click “More Options.” It uses a specified number of data points (two is the default), averages them, and then uses this value as a point in the trendline.