Registered User
Joined: 10/9/2005
Posts: 1
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I enjoyed the recent webinar Larry Connors did on the Worden website.
Has anyone yet created an easyscan for TPS system?
If so, would you be willing to share?
Don
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Registered User
Joined: 3/22/2010
Posts: 14
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I have created them in Metastock (actually PIKKER -- portfolio level testing software). Perhaps someone could translate as I am new to TC2000: I apologize in advance for the sloppiness - I did this in about 20 min to check Connors' stats for myself (I'm a first born). Even through the bear market (about 1200 days) the LONG only results were around 75% with $10 cc and slippage.
Day 1 (10%): and(and(rsi(2)<25,ref(rsi(2),-1)<25),c>mov(c,200,s))
Day 2 (20%): and(and(and(ref(rsi(2),-1)<25,ref(rsi(2),-2)<25),c>mov(c,200,s)),ref(c,-1)>c)
Day 3 (30%): and(and(and(and(ref(rsi(2),-2)<25,ref(rsi(2),-3)<25),c>mov(c,200,s)),ref(c,-2)>ref(c,-1)),ref(c,-1)>c)
Day 4 (40%): and(and(and(and(and(ref(rsi(2),-2)<25,ref(rsi(2),-3)<25),c>mov(c,200,s)),ref(c,-2)>ref(c,-1)),ref(c,-1)>c),ref(c,-3)>ref(c,-2))
Exit: rsi(2)>70
All trades done on close, round number of shares. $10 commish 4% interest (which is very high). I used 20% of capital for 5 positions. I ran it on $10k for day1, $20k for day2, $30k for day 3 and $40k for day4 (I know this is not an exact replication but it is a fair approximation). Results:
Final account value $132,902.38
Total closed trades 479
Avg profit per trade 255.17
Total long trades 479
Winning long trades 359
Total winning trades 359
Amount of winning trades $35,879.51
Average win $545.21
Largest win $2,168.13
Interest earned $14,162.82
Commissions paid $9,580.00
Total short trades 0
Winning short trades 0
Total losing trades 120
Amount of losing trades -$17,559.96
Average loss -$688.13
Largest loss -$2,333.94
My initial thoughts are: A lot of work for 35k. You'd need steely determination to trade this through the bear/chop. Discretion is probably needed re: trade universe and which set-ups to take.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The following formulas attempt to translate what was provided by sgallagher. I have no idea if they correctly represent the Larry Connors TPS System.
Day 1:
50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50 < 25 AND 50 * (C1 - XAVGC3.2) / 2 / (.500030519440884 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15)))))))))))))))) + 50 < 25 AND C > AVGC200
Day 2:
50 * (C1 - XAVGC3.2) / 2 / (.500030519440884 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15)))))))))))))))) + 50 < 25 AND 50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 < 25 AND C > AVGC200 AND C1 > C
Day 3:
50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 < 25 AND 50 * (C3 - XAVGC3.4) / 2 / (.500030519440884 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 < 25 AND C > AVGC200 AND C2 > C1 AND C1 > C
Day 4:
50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 < 25 AND 50 * (C3 - XAVGC3.4) / 2 / (.500030519440884 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 < 25 AND C > AVGC200 AND C2 > C1 AND C1 > C AND C3 > C2
Exit:
50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50 > 70
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Cascades of Moving Averages
-Bruce
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Registered User
Joined: 3/22/2010
Posts: 14
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Thanks Bruce,
FYI This system is getting killed right now (Dow down 8 days in a row -- then a 25pt pop yesterday and now down another 150pts).
These scans will work but I re-read the chapter and need to make one change -- on Day 3 and 4 the close doesn't have to be below the previous days close, it just needs to be below the lowest close since you've been in the trade....so Day 3 and Day 4 should be changed to something like c
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Day 3:
50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 < 25 AND 50 * (C3 - XAVGC3.4) / 2 / (.500030519440884 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 < 25 AND C > AVGC200 AND C2 > C AND C1 > C
Day 4:
50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 < 25 AND 50 * (C3 - XAVGC3.4) / 2 / (.500030519440884 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 < 25 AND C > AVGC200 AND C2 > C AND C1 > C AND C3 > C
-Bruce
Personal Criteria Formulas
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Registered User
Joined: 3/22/2010
Posts: 14
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Thanks for the speedy reply. Just so I am sure I'm not losing something in the translation, the rules in english are: TPS 1: close above 200day, 2period rsi is below 25 two days in a row = buy on close.TPS 2: TPS1 and close is lower than previous entryTPS 3: TPS1 and TPS2 and close is below previous entryTPS 4: TPS1 and TPS2 and TPS3 and close is below previous entryYou are scaling into a very oversold ETFExit on close when 2period RSI > 70I've replaced "day1" with TPS1 because I think that was confusing -- e.g. TPS3 could happen on day 4 or 5 (as was the case this week).
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The formulas in your Wednesday, June 29, 2011 3:59:08 PM ET post seem to be pretty specific.
Day1 or TPS1 checks for the current RSI2 to be less than 25, the previous RSI2 to be less than 25 and the current price to be above SMA200.
Day2 or TPS2 checks for the previous RSI2 to be less than 25, the RSI2 of 2-Days ago to be less than 25, the current price to be above SMA200 and the current price to be below the previous price.
Day3 checks for the RSI2 of 2-Days ago to be less than 25, the RSI2 of 3-Days ago to be less than 25, the current price to be above SMA200, the current price to be below the previous price and the previous price to be below the price of 2-Days ago.
My conversion of Day3 to TPS3 based on your Thursday, August 04, 2011 10:02:12 AM ET post checks for the RSI2 of 2-Days ago to be less than 25, the RSI2 of 3-Days ago to be less than 25, the current price to be above SMA200, the current price to be below the previous price and the current price to be below the price of 2-Days Ago.
Day4 checks for the RSI2 of 2-Days ago to be less than 25, the RSI2 of 3-Days ago to be less than 25, the current price to be above SMA200, the current price to be below the previous price, the previous price to be below the price of 2-Days ago and the price of 2-Days ago to be below the price of 3-Days ago.
My conversion of Day4 to TPS4 based on your Thursday, August 04, 2011 10:02:12 AM ET post checks for the RSI2 of 2-Days ago to be less than 25, the RSI2 of 3-Days ago to be less than 25, the current price to be above SMA200, the current price to be below the previous price, the current price to be below the price of 2-Days ago and the current price to be below the price of 3-Days ago.
The Exit just checks for the current RSI2 to be above 70.
The formulas could return true at any point. They would not necessarily need to return true consecutively or even in order. For example, TPS2 could return true without TPS1 returning true first. TPS3 and TPS4 both check for RSI2 to be less than 25 at 2-Bars Ago and 3-Bars Ago and don't increment when RSI2 needs to be less than 25 to check for it being further in the past. All of the formulas except the exit formula check for price to currently be above its SMA200.
Formulas that would check for TPS1 returning true, followed by the additional requirements of TPS2 occurring at some arbitrary later date would be significantly longer than TPS2 as written. Doing the same for TPS3, TPS4 and the Exit would be even more complex (with each step requiring a significantly more complex formula than the prior step).
-Bruce
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Registered User
Joined: 3/22/2010
Posts: 14
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Great thanks again. This is valuable. Can you post the code for shorts as well? It is the exact opposite logic e.g. close below 200d ma and 2 days of RSI(2) above 70. TPS Short 2,3 and 4 follow the same logic (e.g. higher closes since initial trade but still below 200d).
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Assuming you want to convert 70 to 25, 25 to 70 and reverse all the greater than and less than signs:
TPS Short 1:
50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50 > 70 AND 50 * (C1 - XAVGC3.2) / 2 / (.500030519440884 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15)))))))))))))))) + 50 > 70 AND C < AVGC200
TPS Short 2:
50 * (C1 - XAVGC3.2) / 2 / (.500030519440884 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15)))))))))))))))) + 50 > 70 AND 50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 > 70 AND C < AVGC200 AND C1 < C
TPS Short 3:
50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 > 70 AND 50 * (C3 - XAVGC3.4) / 2 / (.500030519440884 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 > 70 AND C < AVGC200 AND C2 < C AND C1 < C
TPS Short 4:
50 * (C2 - XAVGC3.3) / 2 / (.500030519440884 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16)))))))))))))))) + 50 > 70 AND 50 * (C3 - XAVGC3.4) / 2 / (.500030519440884 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14) + .5 * (ABS(C14 - C15) + .5 * (ABS(C15 - C16) + .5 * (ABS(C16 - C17)))))))))))))))) + 50 > 70 AND C < AVGC200 AND C2 < C AND C1 < C AND C3 < C
Short Exit:
50 * (C - XAVGC3.1) / 2 / (.500030519440884 * (ABS(C - C1) + .5 * (ABS(C1 - C2) + .5 * (ABS(C2 - C3) + .5 * (ABS(C3 - C4) + .5 * (ABS(C4 - C5) + .5 * (ABS(C5 - C6) + .5 * (ABS(C6 - C7) + .5 * (ABS(C7 - C8) + .5 * (ABS(C8 - C9) + .5 * (ABS(C9 - C10) + .5 * (ABS(C10 - C11) + .5 * (ABS(C11 - C12) + .5 * (ABS(C12 - C13) + .5 * (ABS(C13 - C14)))))))))))))))) + 50 < 25
-Bruce
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Registered User
Joined: 2/14/2011
Posts: 59
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Bruce - Larry Connor had a Webinar July 26 2011 - 4 Rules for High Probability Strategies I use TC200 can you write a scan for the following - 1.) Stock > 200MA. 2.) Stock Average Daily Volume over 21 Days is above 1 million shares / day. 3.)The Stock has closed DOWN 3 consecutive days. 4.) The stock closes down at least 3% today. 5.) Todays 2-period RSI is below 10 6.) Buy on limit order tomorrow 10% below today's close. 7.) Buy up to 5 positions Ranked by 100Day Historical Volativity 8.) EXIT is a close above the 5 Day MA
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You could use the following Condition Formula as a Scan Condition in TC2000 version 12 to take into account account 1,2,3,4 & 5 (assuming the RSI is not Wilder's RSI):
Indicators, Sorting & Scanning
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
C > AVGC200 AND AVGV21 > 1000000 AND C < C1 AND C1 < C2 AND C2 < C3 AND C / C1 <= .97 AND RSI2 < 10
You can create also create the 100-Day Historical Volatility as a Custom Indicator and then click on it and select Create WatchList Column to use it as a Sort:
Historical Volatility (HV)
1600 * SQR((LOG(C / C1) ^ 2 + LOG(C1 / C2) ^ 2 + LOG(C2 / C3) ^ 2 + LOG(C3 / C4) ^ 2 + LOG(C4 / C5) ^ 2 + LOG(C5 / C6) ^ 2 + LOG(C6 / C7) ^ 2 + LOG(C7 / C8) ^ 2 + LOG(C8 / C9) ^ 2 + LOG(C9 / C10) ^ 2 + LOG(C10 / C11) ^ 2 + LOG(C11 / C12) ^ 2 + LOG(C12 / C13) ^ 2 + LOG(C13 / C14) ^ 2 + LOG(C14 / C15) ^ 2 + LOG(C15 / C16) ^ 2 + LOG(C16 / C17) ^ 2 + LOG(C17 / C18) ^ 2 + LOG(C18 / C19) ^ 2 + LOG(C19 / C20) ^ 2 + LOG(C20 / C21) ^ 2 + LOG(C21 / C22) ^ 2 + LOG(C22 / C23) ^ 2 + LOG(C23 / C24) ^ 2 + LOG(C24 / C25) ^ 2 + LOG(C25 / C26) ^ 2 + LOG(C26 / C27) ^ 2 + LOG(C27 / C28) ^ 2 + LOG(C28 / C29) ^ 2 + LOG(C29 / C30) ^ 2 + LOG(C30 / C31) ^ 2 + LOG(C31 / C32) ^ 2 + LOG(C32 / C33) ^ 2 + LOG(C33 / C34) ^ 2 + LOG(C34 / C35) ^ 2 + LOG(C35 / C36) ^ 2 + LOG(C36 / C37) ^ 2 + LOG(C37 / C38) ^ 2 + LOG(C38 / C39) ^ 2 + LOG(C39 / C40) ^ 2 + LOG(C40 / C41) ^ 2 + LOG(C41 / C42) ^ 2 + LOG(C42 / C43) ^ 2 + LOG(C43 / C44) ^ 2 + LOG(C44 / C45) ^ 2 + LOG(C45 / C46) ^ 2 + LOG(C46 / C47) ^ 2 + LOG(C47 / C48) ^ 2 + LOG(C48 / C49) ^ 2 + LOG(C49 / C50) ^ 2 + LOG(C50 / C51) ^ 2 + LOG(C51 / C52) ^ 2 + LOG(C52 / C53) ^ 2 + LOG(C53 / C54) ^ 2 + LOG(C54 / C55) ^ 2 + LOG(C55 / C56) ^ 2 + LOG(C56 / C57) ^ 2 + LOG(C57 / C58) ^ 2 + LOG(C58 / C59) ^ 2 + LOG(C59 / C60) ^ 2 + LOG(C60 / C61) ^ 2 + LOG(C61 / C62) ^ 2 + LOG(C62 / C63) ^ 2 + LOG(C63 / C64) ^ 2 + LOG(C64 / C65) ^ 2 + LOG(C65 / C66) ^ 2 + LOG(C66 / C67) ^ 2 + LOG(C67 / C68) ^ 2 + LOG(C68 / C69) ^ 2 + LOG(C69 / C70) ^ 2 + LOG(C70 / C71) ^ 2 + LOG(C71 / C72) ^ 2 + LOG(C72 / C73) ^ 2 + LOG(C73 / C74) ^ 2 + LOG(C74 / C75) ^ 2 + LOG(C75 / C76) ^ 2 + LOG(C76 / C77) ^ 2 + LOG(C77 / C78) ^ 2 + LOG(C78 / C79) ^ 2 + LOG(C79 / C80) ^ 2 + LOG(C80 / C81) ^ 2 + LOG(C81 / C82) ^ 2 + LOG(C82 / C83) ^ 2 + LOG(C83 / C84) ^ 2 + LOG(C84 / C85) ^ 2 + LOG(C85 / C86) ^ 2 + LOG(C86 / C87) ^ 2 + LOG(C87 / C88) ^ 2 + LOG(C88 / C89) ^ 2 + LOG(C89 / C90) ^ 2 + LOG(C90 / C91) ^ 2 + LOG(C91 / C92) ^ 2 + LOG(C92 / C93) ^ 2 + LOG(C93 / C94) ^ 2 + LOG(C94 / C95) ^ 2 + LOG(C95 / C96) ^ 2 + LOG(C96 / C97) ^ 2 + LOG(C97 / C98) ^ 2 + LOG(C98 / C99) ^ 2 + LOG(C99 / C100) ^ 2 - (LOG(C / C100) ^ 2) / 100) / 100)
You can create a Condition Formula for your Exit as:
C > AVGC5
But TC2000 does not currently have any built in backscanning. You can't set up a strategy where you are buying a certain number of positions using a limit order.
Larry Connors Webinar ... very interesting
-Bruce
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Registered User
Joined: 2/14/2011
Posts: 59
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Thanks Big Help as I learn to write my own conditions
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
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