I want to scan the stocks which closed above 1 month High and above 20 EMA on the daily chart.
Please check the above scanner condition and let me know if the condition is correct or not. If not please suggest necessary adjustments
Here you are using the Multi-time frame completed with the Offset of High selected as ‘-1’. Thus the conditions will check previous to the previous month’s High. This is because the Multi-time frame completed function as the name suggests checks conditions on the completed (closed) candle of the selected higher time frame.
You can refer to the below link to learn more about the MTFC function in detail-
https://help.streak.tech/create_advanced/#multi-timeframe-functions
If you want to check the conditions on the previous month’s high you can simply select the offset of High as 0 inside the MTFC function.