60Sma20a200
Filter
20 Vs. 200 Period SMA (60m) Filter (60Sma20a200)
Find stocks where the 20-period SMA is above, or below, the 200-period SMA on the 60-minute chart, in real time, with Trade Ideas Streaming Alerts (Scanner) and Top Lists (Screeners). The 20 vs. 200 Period SMA (60 min) filter compares two simple moving averages on a 60-minute chart, in percent. Positive means the 20-period SMA is above the 200-period SMA.
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Streaming Alerts check the 20 vs. 200 Period SMA (60 min) filter the moment each alert fires, and Top Lists can sort by it.
How Trade Ideas finds it: adjust the minimum value to 1 to see only stocks in which the 20-period SMA is above the 200 Period SMA on a 60 minute chart. Set the maximum value to -1 to focus only on stocks in which the 20-period SMA is below the 200 Period SMA on a 60 minute chart. See Trade Ideas plans and pricing to run it live.
How the 20 vs. 200 Period SMA (60 min) filter works
The "20 vs. 200 Period SMA (60 min)" filter in stock trading compares two different Simple Moving Averages (SMA) calculated on a 60-minute chart. SMAs are popular technical indicators used by traders to assess the direction and strength of a stock's price trend.
Here's how this filter works:
- Simple Moving Average (SMA): The SMA is calculated by averaging the closing prices of a stock over a specified period. In this filter, two SMAs are employed: a 20-period SMA and a 200-period SMA.
- Comparison: The 20-period SMA represents the short-term trend, considering a shorter time frame of price data. Conversely, the 200-period SMA represents the long-term trend, considering a longer time frame of price data. By comparing these two SMAs, traders gain insights into the relationship between short-term and long-term trends in the stock's price movement. The number is always expressed as a percentage.
- Signal Generation: When the 20-period SMA crosses above the 200-period SMA, it may indicate a bullish signal, suggesting that short-term momentum is increasing relative to long-term momentum. This is often referred to as a "golden cross" and is considered a bullish indicator. Conversely, when the 20-period SMA crosses below the 200-period SMA, it may indicate a bearish signal, suggesting that short-term momentum is decreasing relative to long-term momentum. This is known as a "death cross" and is considered a bearish indicator.
- Interpretation: Traders can use these crossover signals to make trading decisions. For example, a bullish crossover may signal a potential entry point for long positions, while a bearish crossover may signal a potential entry point for short positions. Additionally, the relative positioning of the two SMAs can provide insights into the strength and duration of the prevailing trend.
- Chart Representation: On a 60-minute chart, each candlestick represents price action that occurred over a 60-minute period. The SMAs are plotted on the chart, allowing traders to visually identify crossovers and trend dynamics.
20 vs. 200 Period SMA (60 min) filter settings
Configuring the "20 vs. 200 Period SMA (60 min) Filter" is simple and can be done within the Window Specific Filters Tab of the Configuration Window in your Alert or Top List (Screener) window.
Here's how to set up the filter in your configuration window:
- Adjust the minimum value to 1 to see only stocks in which the 20-period SMA is above the 200 Period SMA on a 60 minute chart.
- Set the maximum value to -1 to focus only on stocks in which the 20-period SMA is below the 200 Period SMA on a 60 minute chart.
Using the 20 vs. 200 Period SMA (60 min) Filter
The "20 vs. 200 Period SMA (60 min)" filter can be used in various trading strategies, including:
- Pullback Strategy: After a crossover signal occurs, traders may wait for a pullback in the price to retest the crossover point. If the price holds above the crossover point during the pullback in a bullish scenario or below the crossover point in a bearish scenario, traders may consider it a potential entry point in the direction of the crossover signal. This strategy allows traders to enter positions at better prices within the context of the prevailing trend.
- Volatility Breakout Strategy: Traders may use the distance between the 20-period SMA and the 200-period SMA as a measure of volatility. When the distance between the two SMAs widens significantly, it may indicate increased volatility and potential breakout opportunities. Traders can look for price breaks above or below key resistance or support levels following a period of consolidation, entering positions in the direction of the breakout to capitalize on momentum.
- Mean Reversion Strategy: Occasionally, the price may deviate significantly from both the 20-period and 200-period SMAs, indicating overbought or oversold conditions. In such cases, traders may anticipate a mean reversion to occur, leading the price back toward the SMAs. Traders can look for signs of exhaustion in the trend, such as divergences in momentum oscillators or candlestick reversal patterns, to enter contrarian positions aiming to profit from the price retracement.
Filters to combine with 20 vs. 200 Period SMA (60 min)
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FAQ
Which stocks have the 20 SMA above the 200 SMA on the 60-minute chart?
Add the 20 vs. 200 Period SMA (60 min) filter (60Sma20a200) to a Trade Ideas Streaming Alerts or Top List (Screener) window. Adjust the minimum value to 1 to see only stocks in which the 20-period SMA is above the 200 Period SMA on a 60 minute chart. Set the maximum value to -1 to focus only on stocks in which the 20-period SMA is below the 200 Period SMA on a 60 minute chart.
What is the 20 vs. 200 Period SMA (60 min) filter?
The 20 vs. 200 Period SMA (60 min) filter compares two simple moving averages on a 60-minute chart, in percent. Positive means the 20-period SMA is above the 200-period SMA.
How do I scan for moving average crossovers intraday?
Use the 20 vs. 200 Period SMA (60 min) filter (60Sma20a200) in Trade Ideas Streaming Alerts and Top Lists to find stocks where the 20-period SMA is above, or below, the 200-period SMA on the 60-minute chart. The 20 vs.