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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » SCANS

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mhenley
Posted : Thursday, October 10, 2013 8:58:43 AM
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Joined: 10/16/2011
Posts: 12

How to scan for pullbacks???

 

      Mac
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Bruce_L
Posted : Thursday, October 10, 2013 10:07:33 AM


Worden Trainer

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

A pullback to what? A moving average, a minimum low over some arbitrary period or something else entirely?

How close does price need to be be to have pulled back?

How far away from whatever metric is of interest must price need to have been before the pullback?


-Bruce
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