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karkoush
Posted : Friday, August 31, 2018 11:00:40 AM
Registered User
Joined: 9/28/2014
Posts: 20

why TC2000 has some considerable latency when scanning for gaping stocks? some gaping stocks are showing very late in the morning instead of showing in the first few minutes after market open.

StockGuy
Posted : Friday, August 31, 2018 11:06:39 AM

Administration

Joined: 9/30/2004
Posts: 9,187

How are you defining "gapping" stocks? The Gappers pre-built condition returns Gap Up when the low is higher than the previuos high and Gap Down when the high is lower than the previous low.

karkoush
Posted : Friday, August 31, 2018 11:31:29 AM
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Joined: 9/28/2014
Posts: 20

I am defining gap up through PCF such as O-C1 > 0.50

Bruce_L
Posted : Friday, August 31, 2018 11:44:00 AM


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Joined: 10/7/2004
Posts: 65,138

Do you have any other conditions in the scan? For example, if you have a volume condition, this may not be met until later in the trading day. If you have gap conditions for both net and percent gaps, one of these might be met later in the trading day than the other.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
karkoush
Posted : Friday, August 31, 2018 12:03:57 PM
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Joined: 9/28/2014
Posts: 20

Bruce;

yes I do and I have verified those other conditions via columns representing those conditions in a watch list. the curent daily volume could be the issue. I will adjust the volume requirments to exclude today's volume and test it next week. I will use AvgV30.1  instead  AvgV30. am I correct?

Bruce_L
Posted : Friday, August 31, 2018 12:07:47 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Yes, eliminate anything that is just "volume" or just "V" and change AVGV30 to AVGV30.1. That should make it so you aren't waiting for the volume of the current trading day to affect the formula.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
karkoush
Posted : Friday, August 31, 2018 12:20:01 PM
Registered User
Joined: 9/28/2014
Posts: 20

I will try that and see.

 

thanks Bruce

Bruce_L
Posted : Friday, August 31, 2018 12:31:24 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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