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Making higher lows intraday Rate this Topic:
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Gimani
Posted : Saturday, December 20, 2014 5:34:57 PM
Registered User
Joined: 11/26/2014
Posts: 14

Hi Bruce,

There is a probably no scan criteria for this.. but I will ask  anyway.. I  am looking for stocks up more than 4% on the intraday.. and have pulled back and then started making higher lows towards the HOD intraday.

Thanks,

Peter

Bruce_L
Posted : Monday, December 22, 2014 11:53:31 AM


Worden Trainer

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

You are unfortunately correct. There really isn't a good way to do this in TC2000.

The only way to make sure you are just looking at the data for today in an automated fashion would be to use daily data. There is no way to know what is happening with the structure of the intraday data in a daily time frame.

About the best I can think (and I really don't think it is all that good) of would be to create a daily Condition Formula checking for the high to be at least 4% above the open with the current price below the high.

H >= 1.04 * O AND C < H

And then create an intraday Condition Formula checking for the lows to be increasing (use whatever intraday time frame you want).

L > L1 AND L1 > L2 AND L2 > L3

You coul then use both Condition Formulas as EasyScan Conditions in the same EasyScan.

Building a Scan with Multiple Conditions (7:29)



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Gimani
Posted : Sunday, January 18, 2015 4:34:53 PM
Registered User
Joined: 11/26/2014
Posts: 14

Thanks Bruce,

Yes ,I think this is as close as it can get. 

Thanks again,

Gimani

Bruce_L
Posted : Tuesday, January 20, 2015 12:53:38 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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