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Registered User
Joined: 10/3/2005
Posts: 6
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hello chaps,
how do I scan for 20 day lows and highs?
thanks,
Jahanzeb
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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If you add this PCF to an EasyScan it will only find stocks that hit a 20-day high or low in the last two days:
20 high/low
MAXH2=MAXH21 OR MINL2=MINL21
Here are two videos to review to learn how to make this PCF and how to add it to an EasyScan:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
- Craig
Here to Help!
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Registered User
Joined: 10/3/2005
Posts: 6
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Hey thanks Craig, that was fast.. your help as always is most appreciated!
Thanks again,
Jahanzeb 
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Not a problem!
- Craig
Here to Help!
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Registered User
Joined: 10/3/2005
Posts: 6
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Hi Craig,
I guess I should have asked this before - I'm trying to find the turtle soup pattern:
I scan for a 20 day high, where the previous 20 day high was at least 4 trading days away.. how'd I do that?
thanks again!
Jahanzeb
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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Try this, Jahanzeb:
H=MAXH20 AND H1<MAXH20.4 AND H2<MAXH20.4 AND H3<MAXH20.4
- Doug
Teaching Online!
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Registered User
Joined: 1/1/2005
Posts: 2,645
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Doug,
Your PCF can test True when:
H=MAXH20 AND H1=MAXH20.1 AND H2=MAXH20.2 AND H3=MAXH20.3
tests True.
This means that your PCF can test True when all of the most recent four days were new 20 day highs. Is this acceptable?
Thanks,
Jim Murphy
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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We'll let Jahanzeb decide.
- Doug
Teaching Online!
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Registered User
Joined: 1/1/2005
Posts: 2,645
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QUOTE (Jahanzeb) I scan for a 20 day high, where the previous 20 day high was at least 4 trading days away.
Jahanzeb,
Does your statement mean that today was a new 20 day high and yesterday was not and 2 days ago was not and 3 days ago was not but 4 days or more ago may or may not be?
Thanks,
Jim Murphy
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Registered User
Joined: 3/23/2006
Posts: 5
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The turtle soup pattern states that for a buy signal that todays low should be a 20day low and that the previous 20day low must have occurred at least four(4) trading days earlier.
So i think the PCF should be
L=MAXL20 AND L1<>MAXL20.1 AND L2<>MAXL20.2 AND L3<>MAXL20.3
The reverse is true for the a sell with the High begin the 20day high, etc.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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lastchance,
I like the way you think! That said, you would need to convert the MAXL20s in the formula to MINL20s:
Turtle Soup Pattern:
L = MINL20 AND L1 > MINL20.1 AND L2 > MINL20.2 AND L3 > MINL20.3
Turtle Soup Pattern (Reversed):
H = MAXH20 AND H1 < MAXH20.1 AND H2 < MAXH20.2 AND H3 < MAXH20.3
You may wish to review the following:
Handy PCF example formulas to help you learn the syntax of PCFs!
PCF Formula Descriptions
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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