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Gold Customer
Joined: 10/7/2004 Posts: 5
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How do you creat a Scan where by RSMA for 21 period is greater than 55 period using SP-500 or NDX--X?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The lack of syntax in TeleChart's Personal Criteria Formula Language for referencing other symbols or fundamentals means there is no practical automated method of doing so using just TeleChart.
It is not possible to write a formula designed for all symbols that references an index and forget it. Manually re-writing your PCFs each day is not something I would see as particularly practical (although it is certainly possible and not necessarily difficult to do, depending on the formula of course).
Semi-automated methods of creating PCFs for RSMA and Relative Strength are outlined in the following topics:
RSMA PCFs Indexes in PCF's
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 10/7/2004 Posts: 5
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Under Worden's Report for Friday 27 Dave mentioned about a SCAN in pointing to the strongest industry, How is that accomplished orperformed? Thanks.
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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Check out these two videos:
Uncover the stocks driving the strongest industry groups
Setting up RSMA Exit Strategy indicators
- Craig Here to Help!
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