New version 18 available now


Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Best scan formula for daily profit Topic Rating:
Previous Topic · Next Topic Watch this topic · Print this topic ·
richamit
Posted : Sunday, June 17, 2018 12:29:11 PM
Registered User
Joined: 2/10/2018
Posts: 11

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

Gold Customer Gold Customer

Joined: 6/30/2017
Posts: 1,172

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: 64,316

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

Gold Customer Gold Customer

Joined: 6/30/2017
Posts: 1,172

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

Gold Customer Gold Customer

Joined: 6/30/2017
Posts: 1,172

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: 64,316

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

Gold Customer Gold Customer

Joined: 6/30/2017
Posts: 1,172

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.

Mammen
Posted : Thursday, September 06, 2018 5:59:53 AM
Gold Customer Gold Customer

Joined: 3/18/2018
Posts: 3

Hi Bruce, 

Can you provide me with a scan for a EMA(3) cross over EMA(8), AND with both below SMA (50) and SMA (200)

 

I am a subsciber of TC2000

 

Regards

Mammen

StockGuy
Posted : Thursday, September 06, 2018 8:58:33 AM

Administration

Joined: 9/30/2004
Posts: 9,144

XUP(XAVGC3,XAVGC8) AND XAVGC3 < AVGC50 AND XAVGC3 < AVGC200 AND XAVGC8 < AVGC50 AND XAVGC8 < AVGC200

Mammen
Posted : Friday, September 07, 2018 10:50:55 PM
Gold Customer Gold Customer

Joined: 3/18/2018
Posts: 3

Thank you !

Mammen
Posted : Friday, September 07, 2018 11:04:28 PM
Gold Customer Gold Customer

Joined: 3/18/2018
Posts: 3

Thank you stock guy, I actually meant to have the 3,8 EMA above SMA 50 and 200, so modified slightly to 

XUP(XAVGC3,XAVGC8) AND XAVGC3 > AVGC50 AND XAVGC3 > AVGC200 AND XAVGC8 > AVGC50 AND XAVGC8 > AVGC200

 

What is the best way to put an alert on screen when the condition is met on a watch list ?

 

richamit
Posted : Sunday, October 14, 2018 11:59:12 AM
Registered User
Joined: 2/10/2018
Posts: 11

Thanks to help me to grow up in Stock market.

Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.