Registered User
Joined: 8/4/2008
Posts: 12
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I am interested in a custom scan and would like to know if your system is capable of screening for two basic conditions.
The first condition is a modified white candlestick scan .I want a nightly scan of the major exchanges that lists stocks that have gone up a prescribed percentage (say 2 %) from its opening price during the trading day. I am not interested in the close.
The second major condition is the numbers of consecutive days (4 to 18) that a stock has met the above mention condition.
From your video I see that volume and price range can be adjusted. I would repeat the same scan as described above a number of times by varying the percentages up over the open (1 to 3%) and the number of consecutive days in this pattern (1 to 18 days).
If this scan is possible would you kindly explain how to proceed and detail the costs, as I am new to Worden.
Thank you,
“Chato”
Lionel P. Giliotti
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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First condition:
100*(H-O)/O >=2
You can create the second condition using the following as an example:
First condition met four days in a row:
100*(H-O)/O >=2 AND
100*(H1-O1)/O1 >=2 AND
100*(H2-O2)/O2 >=2 AND
100*(H3-O3)/O3 >=2
The pattern is pretty obvious so you can extend this out to find 5 days in a row or more.
I see you are a Platinum customer, there is no extra cost for these.
Check out this video to learn more on creating PCFs: How to create a Personal Criteria Forumula (PCF)
- Craig
Here to Help!
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Registered User
Joined: 8/4/2008
Posts: 12
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Many Thanks - Chato
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