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richamit
Posted : Sunday, June 17, 2018 12:29:11 PM
Registered User
Joined: 2/10/2018
Posts: 2

Hi,

I need a formula , through which i can buy any listed stock which must return 2 to 3% benefit in a day. Any specific formula..

Al_Gorithm
Posted : Sunday, June 17, 2018 1:11:07 PM
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Joined: 6/30/2017
Posts: 1,093

QUOTE (richamit)
I need a formula, through which i can buy any listed stock which must return 2 to 3% benefit in a day. Any specific formula.

Hi Rich,

Welcome to the forum!
Good luck with that.

If you find one, let me know. ;)

- Al_Gorithm
You can call me Mr. Al Gorithm, Algo, or Al - just don't call me late for dinner!

Bruce_L
Posted : Monday, June 18, 2018 10:42:50 AM


Worden Trainer

Joined: 10/7/2004
Posts: 63,210

We can only help you create scans for something which has happened, not something which will happen.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Al_Gorithm
Posted : Monday, June 18, 2018 1:41:42 PM
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Joined: 6/30/2017
Posts: 1,093

Not only that, Bruce can't give advice. He's AWESOME if you have a specific, unambiguous, defintion of what you're looking for.

Bruce, you may want to move this thread to the Stock And Market Talk forum ... maybe somebody there will have suggestions. Just a thought.

wwrightjuly4
Posted : Monday, June 18, 2018 3:33:57 PM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

 

If this is a feature request,  I second the motion

I'm not sure why you would limit yourself  to only stocks who's future price is up 2-3% , Let's go big

wwrightjuly4
Posted : Tuesday, June 19, 2018 11:16:48 AM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

apologies for being an ass....  just noticed  richamit's first message,  keep the questions coming.  May not have an answer for this one but maybe the next one.

Al_Gorithm
Posted : Tuesday, June 19, 2018 4:00:05 PM
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Joined: 6/30/2017
Posts: 1,093

No apologies necessary. You're right, why stop at 3%? LOL. 

The only thing I can figure is that maybe there's a bit of a language barrier - never heard the words "must" and "benefit" used in that context. Maybe richamit wasn't actually asking for a crystal ball.

May just have been my overly-caffeinated brain projecting on him. :)

 

Bruce_L
Posted : Tuesday, June 19, 2018 4:04:50 PM


Worden Trainer

Joined: 10/7/2004
Posts: 63,210

You are right, it could just be a request for a volatility scan of some sort. Maybe a condition formula for symbols which have returned at least 2% on a day in the last month.

CountTrue(C >= 1.02 * C1, 21) > 0



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
wwrightjuly4
Posted : Tuesday, June 19, 2018 5:46:34 PM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

Nice column addition to sort by.... i.e. what has been moving up in your list over last 21 days

    CountTrue(C >= 1.02 * C1, 21)

 

 

Al_Gorithm
Posted : Wednesday, June 20, 2018 8:12:31 AM
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Joined: 6/30/2017
Posts: 1,093

Bruce, I'm always right. LOL. Just takes me awhile sometimes to figure it out. ;)

That PCF is a nice idea ... the friend I converted to TC2000 from a competitor likes to use ATR in addition to her liquidity filters (price and volume). She likes at least a 2% daily average if she can get it.

I prefer the Average Percentage True Range you put together for me from a TASC article, but she's been doing the math in her head so long it's second-nature. So she sticks w/ ATR.

Just sitting here sippin' coffee and flirting with baristas until Larry Connors new book drops. The PDF copy should be available sometime today.

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