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Problem getting higher closes and higher volumn Rate this Topic:
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wilson1
Posted : Saturday, May 27, 2006 3:39:30 PM
Registered User
Joined: 10/7/2004
Posts: 37
I can't get higher closes and higher volumne to work consistently.

I've tried PCF of (C > C1) AND (C1 > C2) AND (C2 > C3)

also
((C - C1) > 0) and .....

The resutls when combined with similar PCF for volume does not produce correct results

Vol ex:
(V > V1) AND (V1 > V2)....

Results include some stocks with lower close and some with lower vol.

When creating the PCF the test seems to indicate the correct result. When combined in an easy scan with the vol. I get inconsistent results.
Craig_S
Posted : Saturday, May 27, 2006 3:44:55 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
I am guessing you want stocks that closed up three days in a row on higher volume.

If so, please create these TWO PCFs:

Up three days in row

C>C1 AND C1>C2 AND C2>C3

Vol up three days in a row

V>V1 AND V1>V2 AND V2>V3

Once you create both PCFs and calculate them. Add them both to any EasyScan. You will limit your results to only those stocks that closed higher on higher volume three days in a row.

If you find any stocks that do not meet these, please give me some tickers here.

You might also find this video of interest:

Learn to quickly identify when price and volume are in or out of step

- Craig
Here to Help!
wilson1
Posted : Saturday, May 27, 2006 7:56:10 PM
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Joined: 10/7/2004
Posts: 37
MOVE
NGPC

Both are in the results.
wilson1
Posted : Saturday, May 27, 2006 7:59:03 PM
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Joined: 10/7/2004
Posts: 37
PCLN
CT = this is an example of the volumn decrease yesterday.
Bruce_L
Posted : Saturday, May 27, 2006 8:35:45 PM


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Joined: 10/7/2004
Posts: 65,138
wilson1,
As far as I can tell, all four of the listed symbols meet the conditions:

MOVE Volume:
5/26/06: 40698
5/25/06: 38321
5/24/06: 27344

MOVE Close:
5/26/06: 6.07
5/25/06: 5.83
5/24/06: 5.40

NGPC Volume:
5/26/06: 4422
5/25/06: 1117
5/24/06: 1087

NGPC Close:
5/26/06: 13.91
5/25/06: 13.55
5/24/06: 13.31

PCLN Volume:
5/26/06: 13695
5/25/06: 9459
5/24/06: 5707

PCLN Close:
5/26/06: 31.40
5/25/06: 30.67
5/24/06: 29.32

CT Volume:
5/26/06: 748
5/25/06: 664
5/24/06: 446

CT Close:
5/26/06: 32.75
5/25/06: 32.63
5/24/06: 32.13

You you have different Volumes or Closing Prices?

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
wilson1
Posted : Saturday, May 27, 2006 9:25:47 PM
Registered User
Joined: 10/7/2004
Posts: 37
how did you get the date and price/vol data? Was that a manual process or is there an easy way to capture the data?
Craig_S
Posted : Saturday, May 27, 2006 11:36:21 PM


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Joined: 10/1/2004
Posts: 18,819
If you press the period key it activates the pointer mode. Move the pointer to any point on the chart and read the OHLCV on the top Data Bar.

Are you looking at daily charts? Where are you looking to get the idea that the data does not match the results?

- Craig
Here to Help!
wilson1
Posted : Sunday, May 28, 2006 6:27:50 AM
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Joined: 10/7/2004
Posts: 37
It seemed very obvious from the graph.
wilson1
Posted : Sunday, May 28, 2006 6:34:01 AM
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Joined: 10/7/2004
Posts: 37
I appologize. I had no idea the graph was so for off. The graphing of the price and the vol is very missleading when you look at the specific data.

THanks.
Craig_S
Posted : Sunday, May 28, 2006 6:38:28 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
The graph should match the numbers... How is it misleading?

Each is clearly up three days in a row and the volume bars are clearly greater each day.

We need to figure out why your charts don't seem to match the data.

Jump to CT. Do you have three green volume bars, one each higher than the last for the last three bars?




- Craig
Here to Help!
wilson1
Posted : Sunday, May 28, 2006 6:50:43 AM
Registered User
Joined: 10/7/2004
Posts: 37
I have 3 green vol bars and 1 red. I assume the 1st green would be "V", 2nd green would b V1, the 3rd green V2 and the 4th green V3. Therefore a formnula like V > V1 AND V1 > V2 and V2 > V3 would fail.
wilson1
Posted : Sunday, May 28, 2006 6:54:03 AM
Registered User
Joined: 10/7/2004
Posts: 37
By the way, it does fail when I test the PCF. It passes when I include it in an easyscan.
wilson1
Posted : Sunday, May 28, 2006 6:58:17 AM
Registered User
Joined: 10/7/2004
Posts: 37
I appologize again for taking up your time. Everything is fine. This was a user error.
Craig_S
Posted : Sunday, May 28, 2006 8:06:39 AM


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Joined: 10/1/2004
Posts: 18,819
Glad to hear it was all figured out.

- Craig
Here to Help!
acrawshaw
Posted : Thursday, October 11, 2012 2:09:48 AM
Gold Customer Gold Customer

Joined: 2/25/2005
Posts: 2

I would like to write a formula that returns values (plot it in tc.2000) based upon price and volumn (go figure). What I want to do is this:

v-xavgv34 + C-C1

If the price has gone down (C<C1) and v>xavgv34 then I want the v-xavgv34 to be negative reflecting that there may have been huge down vol.

If the price has gone up (C>C1) and v>xavgv34 (same as above) then I want v-xavgv34 to be positive reflecting the large spike to the upside.

Do I need to have the up and down volumn for each stock each day? Where do I find that in TC.2000?

Your help is appreciated.

Alan

Bruce_L
Posted : Thursday, October 11, 2012 7:44:31 AM


Worden Trainer

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

Please try using the following Indicator Formula as the Formula in a Custom PCF Indicator.

SGN(C - C1) * ABS(V > XAVGV34) * (V - XAVGV34)

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!



-Bruce
Personal Criteria Formulas
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