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Applying sequential scans to a watchlist Rate this Topic:
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pendletonc
Posted : Sunday, April 26, 2015 6:34:37 PM
Registered User
Joined: 8/7/2012
Posts: 28

Hi Bruce,

I am trying to apply sequential scans to a watchlist. For example, I start w/ the

RUSSELL 3K.  Then apply a prelim scan to return those stocks showing a

specified minimum price, minimum avg 30day volume and minimum 50day

historical volatility.  That produces a much smaller watchlist as would be

expected.  I would then like to apply a second more specific scan to the

shorter returned watchlist.  However, it seems that when I apply that second

scan, it is the original RUSSELL 3K that is scanned and NOT the shorter

watchlist derived from the pre-scan. What is the correct produre for sequential

scanning?

 

Thanks.

busterram
Posted : Sunday, April 26, 2015 8:19:20 PM
Registered User
Joined: 10/9/2011
Posts: 485

Run the 1st scan. Once you get the list of symbols, right click and copy all those symbols to a new watchlist.

Open the second scan and where you select the universe of stock to scan, pick the watch list you saved in the earlier step.

Hope that helps.

But if you add the conditions from two of the scans to one scan, won't they produce the same result?

 

 

pendletonc
Posted : Monday, April 27, 2015 10:11:40 AM
Registered User
Joined: 8/7/2012
Posts: 28

QUOTE (busterram)

Run the 1st scan. Once you get the list of symbols, right click and copy all those symbols to a new watchlist.

Open the second scan and where you select the universe of stock to scan, pick the watch list you saved in the earlier step.

Hope that helps.

But if you add the conditions from two of the scans to one scan, won't they produce the same result?

 

Thank you.

Yes, at first glance it would seem like simply coding for all criteria in one scan program

would do just as you said.

pendletonc
Posted : Monday, April 27, 2015 10:26:34 AM
Registered User
Joined: 8/7/2012
Posts: 28

QUOTE (pendletonc)

But if you add the conditions from two of the scans to one scan, won't they produce the same result?

 

Hi again.

I was developing  a plan per D Landry in "The Layman's Guide to Trading Stocks."

I believe he ran a prelim scan once per week that scanned for price, volume

and volatility constraints and then subjected the generated watchlist to more

specific scans daily.  Otherwise, yes, i think one program would scan all.

 

Thanks.

diceman
Posted : Monday, April 27, 2015 11:07:35 AM
Registered User
Joined: 1/28/2005
Posts: 6,049

I would think it doesnt matter.

 

Whatever you have in a scan would only show those stocks where the conditions are all true.

 

 

 

Thanks

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