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

Consolidation Scan Rate this Topic:
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volare714
Posted : Friday, January 3, 2014 11:28:33 AM
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Joined: 8/26/2011
Posts: 19

Bruce, I've been trying to write a scan for a flat base type of consolidation no more than 15% from highest high to lowest low.  It would be over the past 60 trading days, excluding today.  What am I doing wrong and what should it be?  Here is what I have written and it's ringing true for every stock.

(maxh60.1/minl0.1)<=minl60.1*1.15

Thanks

Ellen

 

 
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volare714
Posted : Friday, January 3, 2014 11:31:50 AM
Registered User
Joined: 8/26/2011
Posts: 19

Bruce I left out a digit in my original post.  It's (maxh60.1/minl60.1)<=minl60.1*1.15

Ellen
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diceman
Posted : Saturday, January 4, 2014 4:33:45 PM
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Joined: 1/28/2005
Posts: 6,049

You probably want this

 

(MAXH60.1/MINL60.1)<=1.15

 

 

 

Thanks
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