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Find stocks that have dipped from prev-day close, then move above prev-day close. Rate this Topic:
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egorth
Posted : Wednesday, September 5, 2018 5:01:07 PM
Registered User
Joined: 3/4/2005
Posts: 55
Bruce,
 
Using TC2000 Platinum PC version, is there a way, after the market opens, to scan for stocks that have dipped below previous day's close and then cross above the previous day's close.  No time limit on when crossing below prev-close to crossing above prev-day close.  Scan conditions using 1min or 5min bar charts.
 
Thanks,
 
 
Ed
Bruce_L
Posted : Thursday, September 6, 2018 10:12:40 AM


Worden Trainer

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

You would do the scan using a daily time frame. If you don't need to open above the close:

L < C1 AND C1 < C

If you do need to open above the close (which might be implied by your description).

L < C1 AND C1 < LEAST(O, C)



-Bruce
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egorth
Posted : Thursday, September 6, 2018 5:28:10 PM
Registered User
Joined: 3/4/2005
Posts: 55

Thank you Bruce.

Works as I had hoped it would, and how simple the code is.

And thank you for your optional code to scan for 'open above previous close'.  I will use as well.  Have never used the PCF commad 'LEAST', nor aware of it, but looks to be quite useful.

Ed 

Bruce_L
Posted : Friday, September 7, 2018 8:49:55 AM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
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