Tutorial - Compound Scan
Let's looks at the following compound scan.....
MACD1 <= 0 AND MACD > 0
In this scan, we introduce two new concepts: the compound scan, and the qualified scan token. We are going to run this scan on daily data to find MACD bullish crossovers. In other words, the MACD value for the previous day was less than or equal to zero, while the current day's MACD value is greater than zero.