252 day EMA trending up script

Optuma Scripting
1

I need help scripting for 252 day EMA trending up for at least 1 month. I’m trying to scan for stocks that have 252 day EMA trending up for at least 1 month, but I do not know how to code for it.

2

Hi Yi Jun,

You can use the IsUp and BARSTRUE functions to show when the condition has been true for 22 trading days (about a month):

V1 = MA(BARS=252, STYLE=Exponential, CALC=Close) IsUp; 
BARSTRUE(V1, LOOKBACK=22)==22
3

Here’s another option using the Linear Regression Slope tool, which is a little more forgiving if there’s a small blip in the EMA direction, but the overall trend is up over the last 22 days:

V1 = MA(BARS=252, STYLE=Exponential, CALC=Close);
//Is the slope of the MA positive over the BARS period?;
LRSLOPE(V1, BARS=22) > 0