EMA reversal

This is an EMA reversal scanner, which will filter those stocks that have been closing above EMA 20 for the last 20 candles (indicating a bullish trend) and in the latest candle, its low price is near the EMA 20 level by 1%. This can allow traders to identify low-risk entry points.

Conditions

Period min(10, Close(0) - EMA(close, 20, 0) ) higher than 0.0 and Period min(10, Close(-11) - EMA(close, 20, -11) ) higher than 0.0 and Low(0) lower than EMA(close, 20, 0) * 1.01

stocks

• NSE

  ADANIPOWER

• NSE

  BSE

• NSE

  BBTC

• NSE

  GNFC

• NSE

  KARURVYSYA

• NSE

  NESTLEIND

• NSE

  NAM-INDIA

• NSE

  ONGC

• NSE

  PERSISTENT

• NSE

  POWERGRID

• NSE

  SONATSOFTW

• NSE

  SUNTV

• NSE

  TATACONSUM