Properties

The above settings would scan for a 5 bar moving average, calculated using the simple style and Closing price. The Moving Average scan would be applied to a Daily chart and would be searching for bars that close Above the Moving Average.

Scan For

• Close Crosses Above
  Select this option to scan for when bars close above the Moving Average.
• Close Crosses Below
  Select this option to scan for when bars close below the Moving Average.

Bars

This is the setting for the number of bars used to calculate the Moving Average. Setting this to 30 would scan using a 30 bar Moving Average.

Calc Style

A Moving Average can be calculated using several different methods. Calc Style allows you to select which method is used to calculate the Moving Average, you can select from the following options.

• Simple
• Weighted
• Smooth
• Exponential
• Modified

Calc Using

Select this option to set what the Moving Average is calculated off, you can select from the following options.

• Open
• Close
• High
• Low
• HL (High, Low)
• HLC (High, Low, Close)
• OHLC (Open, High, Low, Close)
• OC (Open, Close)

Period Type

This setting sets the period type to use when calculating the Moving Average. For example, by selecting Daily the moving average will be calculated off a day bar period (a daily chart), if it was set to Weekly, it would be calculated off a Weekly bar period (a weekly chart). You can select from the following options.

• Daily
• Weekly
• Monthly
• Yearly