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GAP ONLY PCF Rate this Topic:
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buffalobill
Posted : Tuesday, November 4, 2014 10:58:47 AM
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Joined: 2/14/2011
Posts: 59

What is a formula for GAP only with say 2.5% either gap up or gap down?

My current formula using prior day close, after initial open is acurate, however as day moves on many stock meet criteria of PCF after they move over 2.5% from yesterdays close.

So I am looking for a GAP only PCF

Bruce_L
Posted : Tuesday, November 4, 2014 11:06:26 AM


Worden Trainer

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

Please try the following Condition Formula.

ABS(O / C1 - 1) >= .025

PCF Formula Descriptions
Historical Graphs



-Bruce
Personal Criteria Formulas
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buffalobill
Posted : Tuesday, November 4, 2014 2:17:21 PM
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Joined: 2/14/2011
Posts: 59

Thanks Bruce

Bruce_L
Posted : Tuesday, November 4, 2014 2:27:42 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
buffalobill
Posted : Tuesday, November 4, 2014 2:34:21 PM
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Joined: 2/14/2011
Posts: 59

Bruce 

ABS(O / C1 - 1) >= .03 only seems to result in  - Gap Down Only  Candiates

Is theer an OR statement for the oppisite a GAP up

 

What is the overall GAPPERS statement 

 

Thanks again

 

Bruce_L
Posted : Tuesday, November 4, 2014 2:43:08 PM


Worden Trainer

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

The formula as given is agnostic as to if the gap is up or down. That is what the ABS() portion of the formula does.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
buffalobill
Posted : Tuesday, November 4, 2014 2:51:25 PM
Registered User
Joined: 2/14/2011
Posts: 59

Fouund the problem on my end thants again for the agnostic

 

Bruce_L
Posted : Tuesday, November 4, 2014 3:00:52 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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