How can I modify this to run in TC2000 V12? Thank you.

You would probably want to create the formulas used in the Scan for stocks bouncing in a lateral channel video before creating the EasyScan itself.

- Select New and choose Indicator (PCF) Formula from the list.
- Give the formula the name listed above the formula you are using.
- Copy and paste the formula from the forums into the big white box in the Edit Formula window.
- Select OK.
- You can choose Cancel when prompted for where to place the formula in the layout.

Repeat the process for all of the formulas you want to use. You only need to copy the 60 bars formulas if you are only going to do this for 60 bars for example. You woul not the 40 bars versions of the formulas unless you were also doing this for 40 bars.

- Select New and choose EasyScan from the list.
- Set the List to Scan to US Common Stocks.
- Select Add Condition and choose Optionable Stocks from the list.
-- You can start typing the name of the condition you wish to add to bring it to the top of the list.
- Select Add Condition and choose Volume 5-Day from the list.
-- Set this to Ranks vs US Stocks with the Rangefinder running from 10 to Max.
- Select Add Condition and choose PRICE from the list.
-- Set this to Less Than 35.
- Select Add Condition and choose Trend Consolidate for the desired period.
-- Set this to Ranks vs US Stocks with the Rangefinder running from Min to 50.
- Select Add Condition and choose Directional Move for the desired period.
-- Set this to In Between Minimum 0.80 and Maximum 1.20 (or other values just below and above 1).
- Select the Scan tab to list symbols meeting the requirements of all of the EasyScan Conditions.

Feel free to adjust any of these conditions as desired. Note that the Optionable Stocks, Volume 5-Day and PRICE EasyScan Conditions are entirely arbitrary choices which were made when the video was created.

The next step is to plot The Custom Indicator of the desired period on the chart along with a 60-period linear regression line of The Custom Indicator.

Adding and Moving Indicators

- Select Library and choose Indicators.
- Select the Formulas tab.
- Start typing the The Custom Indicator and then choose it from the list.
- Select Plot Here on the chart when prompted.
- Select Add Plot to Chart (the green + in the upper left of the chart).
- Start typing Linear Regression Line and choose it from the list.
- Select The Custom Formula when prompted.
- Click on the Linear Regression Line indicator and select Edit.
- Change the Period to 60 and select OK.

TC2000 version 12.4 does not have a built in way to sort by the percent slope of a linear regression line. To get around this, we will add a Rate of Change Percent indicator to the linear regression line and use it as a WatchList Column in the EasyScan. This cannot be done in TC2000 version 12.3, it requires TC2000 version 12.4.

- Select Add Plot to Chart (the green + in the upper left of the chart).
- Start typing Rate of Change Percent and choose it from the list.
- Click on the Rate of Change % indicator and select Edit.
- Change the Period to 1.
- Change the Data Source to the 60-period linear regression line applied to The Custom Indicator.
- Select OK.
- Click on the Rate of Change % indicator and select Add Column to WatchList...
- Choose & Sort in the EasyScan when prompted.

Sorting with Indicators

You can delete these indicators after creating the WatchList Column if desired.

The last thing to do is to add The WatchList Tab PCF of the desired period to EasyScan as well.

- Select Add Column (the + in a circle at the top of the columns in the EasyScan).
- Start typing The WatchList Tab PCF and then choose it from the list.

Adding & Editing WatchList Columns

You can select Save Scan (the blue floppy disk icon in the upper right of the EasyScan) to save and name the EasyScan if desired.