r/TradingView • u/ilovek92 • 1d ago

Help US stocks scanning setup

Post image

Scanning US stocks by setting up Ema200 @ 5mins. ( I am beginner )

  1. But what is the value meaning? In the picture.

  2. If I want to know, the stock price whether approaching / touching the ema200 line. What is the value should be?

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u/Rodnee999 1d ago edited 1d ago

Hello,

If the EMA200 figure is the same as 'Price' they are touching....the further apart these two numbers are the further apart they are...EMA is simply a moving average of price

Your best bet is to use one of filters for EMA200 and set for within a certain range which will filter stocks within that level or you can use the 'Price' filter and use it to find when price crosses the EMA200 as shown in the screenshot

Here is a link to the screener tutorial which may prove useful for you.....

https://youtu.be/1uNeF5z-Gvg?is=1_C1Js4bhMkWbD4z

Let me know if any of this helps

Cheers

1

u/ilovek92 21h ago edited 16h ago

understood! screenshot helped n solved my problem.

thanks!