Gold Customer
Joined: 12/5/2004 Posts: 12
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How can I scan for stocks with an ADX indicator less than 25? What is the formula for that scan?
Thank you.
Ivo
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You can use something like the following in TC2000 v17 which checks for an ADX with both a period of 14 and smoothing of 14 (fairly standard) to be less than 25.
ADX14.14 < 25
But there really isn't a way to write anything similar in earlier versions of TC2000. In TC2000 v12, the only way to create the condition would be to click on the indicator on the chart and select Create Scan Condition.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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