Dear all,

have watched all educational videos related to EasyScan conditions, but didn't get an answer. Please advise how i can find NEW HIGH/NEW LOWS in stocks by using EasyScan? Examples are attached.

Thank you in advance!

https://drive.google.com/open?id=0B2PCvwHIFUpRbG5jT0NGdzVKaEU

https://drive.google.com/open?id=0B2PCvwHIFUpRTzUxb0taQzE4cDQ

Your files do not appear to be publicly accessible.

You can create a condition checking for a new high by clicking price and selecting Create Scan Condition. Then choose New High from the Condition drop-down menu in the Create Scan Condition window. Set the period of the new high for which you wish to search as desired.

Conditions for new lows can be created the same way with the exception of choosing New Low instead of New High from the Condition drop-down menu in the Create Scan Cnodition window.

If you are trying to create an indicator which is calculated based on the number of news highs versus new lows, this is not possible.

NHNL custom range

You can only use the market indicators which are already built into TC2000.

US Market Indicators

They do public accessible. Have just click on a link and pictures did open.

Dear Bruce L,

please try again and click on the link. It should work. I did double-check.

Yesterday I was getting an actual message indicating the files were private and that I would need an invitation to see them.

At first I thought your images were looking for something like a swing high where you have a high surrounded by lower highs on both sides. But after looking at both pictures it seems you are actually interested when the high is the highest high so far over a period of time or the low is the lowest low so far over a period of time.

Since this is the case, the previous advice about clicking on the indicator and selecting Create Scan Condition to create a condition for a New High (or New Low) and setting the period as desired should in fact work.

Create Conditions from Your Chart (5:25)

New High and New Low are going to be listed in the Condition drop-down menu in the Create Scan Condition window.

Dear Bruce,

in simple i'm searching for a stocks where new high is higher then a previous high. Same to new lows. Have lisened many times the mentioned video, but it doesn't meet me expectations. Maybe there is pre-build condition in EasyScan or how can i create it by using PCF formula?

Thank you in advance!

I'm assuming from the pictures you don't just mean the high of the current high is higher than the high of the previous bar.

H > H1

So what we need to do is identify the "previous high" and its value and then compare the high of the current bar to that value.

The definition is arbitrary and you may wish to choose another one, but I'm going to use a swing or pivot high where the high of the bar is surrounded by two lower highs on both sides to identify the "previous high" and determine its value.

We will use the technique given in the Days Since Last Peak (or other day-counting needs) topic to determine how many bars ago a "previous high" most recently occurred and then reference the high of that bar. This requires setting a limit as to how many bars ago this "previous high" might have happened in order to actually create a working formula. I have arbitrarily chosen 42 bars ago or about two months on a daily chart as the furthest back to check in the following formulas.

The first formula just checks for the high of the current bar being above the most recent "previous high" meeting the above definition which happened 42 bars ago or less.

H > ABS(MAXH2 >= H2 OR H2 <= MAXH2.3) * (ABS(MAXH2.1 < H3 AND H3 > MAXH2.4) * H3 + ABS(MAXH2.1 >= H3 OR H3 <= MAXH2.4) * (ABS(MAXH2.2 < H4 AND H4 > MAXH2.5) * H4 + ABS(MAXH2.2 >= H4 OR H4 <= MAXH2.5) * (ABS(MAXH2.3 < H5 AND H5 > MAXH2.6) * H5 + ABS(MAXH2.3 >= H5 OR H5 <= MAXH2.6) * (ABS(MAXH2.4 < H6 AND H6 > MAXH2.7) * H6 + ABS(MAXH2.4 >= H6 OR H6 <= MAXH2.7) * (ABS(MAXH2.5 < H7 AND H7 > MAXH2.8) * H7 + ABS(MAXH2.5 >= H7 OR H7 <= MAXH2.8) * (ABS(MAXH2.6 < H8 AND H8 > MAXH2.9) * H8 + ABS(MAXH2.6 >= H8 OR H8 <= MAXH2.9) * (ABS(MAXH2.7 < H9 AND H9 > MAXH2.10) * H9 + ABS(MAXH2.7 >= H9 OR H9 <= MAXH2.10) * (ABS(MAXH2.8 < H10 AND H10 > MAXH2.11) * H10 + ABS(MAXH2.8 >= H10 OR H10 <= MAXH2.11) * (ABS(MAXH2.9 < H11 AND H11 > MAXH2.12) * H11 + ABS(MAXH2.9 >= H11 OR H11 <= MAXH2.12) * (ABS(MAXH2.10 < H12 AND H12 > MAXH2.13) * H12 + ABS(MAXH2.10 >= H12 OR H12 <= MAXH2.13) * (ABS(MAXH2.11 < H13 AND H13 > MAXH2.14) * H13 + ABS(MAXH2.11 >= H13 OR H13 <= MAXH2.14) * (ABS(MAXH2.12 < H14 AND H14 > MAXH2.15) * H14 + ABS(MAXH2.12 >= H14 OR H14 <= MAXH2.15) * (ABS(MAXH2.13 < H15 AND H15 > MAXH2.16) * H15 + ABS(MAXH2.13 >= H15 OR H15 <= MAXH2.16) * (ABS(MAXH2.14 < H16 AND H16 > MAXH2.17) * H16 + ABS(MAXH2.14 >= H16 OR H16 <= MAXH2.17) * (ABS(MAXH2.15 < H17 AND H17 > MAXH2.18) * H17 + ABS(MAXH2.15 >= H17 OR H17 <= MAXH2.18) * (ABS(MAXH2.16 < H18 AND H18 > MAXH2.19) * H18 + ABS(MAXH2.16 >= H18 OR H18 <= MAXH2.19) * (ABS(MAXH2.17 < H19 AND H19 > MAXH2.20) * H19 + ABS(MAXH2.17 >= H19 OR H19 <= MAXH2.20) * (ABS(MAXH2.18 < H20 AND H20 > MAXH2.21) * H20 + ABS(MAXH2.18 >= H20 OR H20 <= MAXH2.21) * (ABS(MAXH2.19 < H21 AND H21 > MAXH2.22) * H21 + ABS(MAXH2.19 >= H21 OR H21 <= MAXH2.22) * (ABS(MAXH2.20 < H22 AND H22 > MAXH2.23) * H22 + ABS(MAXH2.20 >= H22 OR H22 <= MAXH2.23) * (ABS(MAXH2.21 < H23 AND H23 > MAXH2.24) * H23 + ABS(MAXH2.21 >= H23 OR H23 <= MAXH2.24) * (ABS(MAXH2.22 < H24 AND H24 > MAXH2.25) * H24 + ABS(MAXH2.22 >= H24 OR H24 <= MAXH2.25) * (ABS(MAXH2.23 < H25 AND H25 > MAXH2.26) * H25 + ABS(MAXH2.23 >= H25 OR H25 <= MAXH2.26) * (ABS(MAXH2.24 < H26 AND H26 > MAXH2.27) * H26 + ABS(MAXH2.24 >= H26 OR H26 <= MAXH2.27) * (ABS(MAXH2.25 < H27 AND H27 > MAXH2.28) * H27 + ABS(MAXH2.25 >= H27 OR H27 <= MAXH2.28) * (ABS(MAXH2.26 < H28 AND H28 > MAXH2.29) * H28 + ABS(MAXH2.26 >= H28 OR H28 <= MAXH2.29) * (ABS(MAXH2.27 < H29 AND H29 > MAXH2.30) * H29 + ABS(MAXH2.27 >= H29 OR H29 <= MAXH2.30) * (ABS(MAXH2.28 < H30 AND H30 > MAXH2.31) * H30 + ABS(MAXH2.28 >= H30 OR H30 <= MAXH2.31) * (ABS(MAXH2.29 < H31 AND H31 > MAXH2.32) * H31 + ABS(MAXH2.29 >= H31 OR H31 <= MAXH2.32) * (ABS(MAXH2.30 < H32 AND H32 > MAXH2.33) * H32 + ABS(MAXH2.30 >= H32 OR H32 <= MAXH2.33) * (ABS(MAXH2.31 < H33 AND H33 > MAXH2.34) * H33 + ABS(MAXH2.31 >= H33 OR H33 <= MAXH2.34) * (ABS(MAXH2.32 < H34 AND H34 > MAXH2.35) * H34 + ABS(MAXH2.32 >= H34 OR H34 <= MAXH2.35) * (ABS(MAXH2.33 < H35 AND H35 > MAXH2.36) * H35 + ABS(MAXH2.33 >= H35 OR H35 <= MAXH2.36) * (ABS(MAXH2.34 < H36 AND H36 > MAXH2.37) * H36 + ABS(MAXH2.34 >= H36 OR H36 <= MAXH2.37) * (ABS(MAXH2.35 < H37 AND H37 > MAXH2.38) * H37 + ABS(MAXH2.35 >= H37 OR H37 <= MAXH2.38) * (ABS(MAXH2.36 < H38 AND H38 > MAXH2.39) * H38 + ABS(MAXH2.36 >= H38 OR H38 <= MAXH2.39) * (ABS(MAXH2.37 < H39 AND H39 > MAXH2.40) * H39 + ABS(MAXH2.37 >= H39 OR H39 <= MAXH2.40) * (ABS(MAXH2.38 < H40 AND H40 > MAXH2.41) * H40 + ABS(MAXH2.38 >= H40 OR H40 <= MAXH2.41) * (ABS(MAXH2.39 < H41 AND H41 > MAXH2.42) * H41 + ABS(MAXH2.39 >= H41 OR H41 <= MAXH2.42) * (ABS(MAXH2.40 < H42 AND H42 > MAXH2.43) * H42 + ABS(MAXH2.40 >= H42 OR H42 <= MAXH2.43) * (H + 1)))))))))))))))))))))))))))))))))))))))))

The second formula just checks for the low of the current bar being below the most recent "previous low" meeting the above definition which happened 42 bars ago or less.

L < ABS(MINL2 <= L2 OR L2 >= MINL2.3) * (ABS(MINL2.1 > L3 AND L3 < MINL2.4) * L3 + ABS(MINL2.1 <= L3 OR L3 >= MINL2.4) * (ABS(MINL2.2 > L4 AND L4 < MINL2.5) * L4 + ABS(MINL2.2 <= L4 OR L4 >= MINL2.5) * (ABS(MINL2.3 > L5 AND L5 < MINL2.6) * L5 + ABS(MINL2.3 <= L5 OR L5 >= MINL2.6) * (ABS(MINL2.4 > L6 AND L6 < MINL2.7) * L6 + ABS(MINL2.4 <= L6 OR L6 >= MINL2.7) * (ABS(MINL2.5 > L7 AND L7 < MINL2.8) * L7 + ABS(MINL2.5 <= L7 OR L7 >= MINL2.8) * (ABS(MINL2.6 > L8 AND L8 < MINL2.9) * L8 + ABS(MINL2.6 <= L8 OR L8 >= MINL2.9) * (ABS(MINL2.7 > L9 AND L9 < MINL2.10) * L9 + ABS(MINL2.7 <= L9 OR L9 >= MINL2.10) * (ABS(MINL2.8 > L10 AND L10 < MINL2.11) * L10 + ABS(MINL2.8 <= L10 OR L10 >= MINL2.11) * (ABS(MINL2.9 > L11 AND L11 < MINL2.12) * L11 + ABS(MINL2.9 <= L11 OR L11 >= MINL2.12) * (ABS(MINL2.10 > L12 AND L12 < MINL2.13) * L12 + ABS(MINL2.10 <= L12 OR L12 >= MINL2.13) * (ABS(MINL2.11 > L13 AND L13 < MINL2.14) * L13 + ABS(MINL2.11 <= L13 OR L13 >= MINL2.14) * (ABS(MINL2.12 > L14 AND L14 < MINL2.15) * L14 + ABS(MINL2.12 <= L14 OR L14 >= MINL2.15) * (ABS(MINL2.13 > L15 AND L15 < MINL2.16) * L15 + ABS(MINL2.13 <= L15 OR L15 >= MINL2.16) * (ABS(MINL2.14 > L16 AND L16 < MINL2.17) * L16 + ABS(MINL2.14 <= L16 OR L16 >= MINL2.17) * (ABS(MINL2.15 > L17 AND L17 < MINL2.18) * L17 + ABS(MINL2.15 <= L17 OR L17 >= MINL2.18) * (ABS(MINL2.16 > L18 AND L18 < MINL2.19) * L18 + ABS(MINL2.16 <= L18 OR L18 >= MINL2.19) * (ABS(MINL2.17 > L19 AND L19 < MINL2.20) * L19 + ABS(MINL2.17 <= L19 OR L19 >= MINL2.20) * (ABS(MINL2.18 > L20 AND L20 < MINL2.21) * L20 + ABS(MINL2.18 <= L20 OR L20 >= MINL2.21) * (ABS(MINL2.19 > L21 AND L21 < MINL2.22) * L21 + ABS(MINL2.19 <= L21 OR L21 >= MINL2.22) * (ABS(MINL2.20 > L22 AND L22 < MINL2.23) * L22 + ABS(MINL2.20 <= L22 OR L22 >= MINL2.23) * (ABS(MINL2.21 > L23 AND L23 < MINL2.24) * L23 + ABS(MINL2.21 <= L23 OR L23 >= MINL2.24) * (ABS(MINL2.22 > L24 AND L24 < MINL2.25) * L24 + ABS(MINL2.22 <= L24 OR L24 >= MINL2.25) * (ABS(MINL2.23 > L25 AND L25 < MINL2.26) * L25 + ABS(MINL2.23 <= L25 OR L25 >= MINL2.26) * (ABS(MINL2.24 > L26 AND L26 < MINL2.27) * L26 + ABS(MINL2.24 <= L26 OR L26 >= MINL2.27) * (ABS(MINL2.25 > L27 AND L27 < MINL2.28) * L27 + ABS(MINL2.25 <= L27 OR L27 >= MINL2.28) * (ABS(MINL2.26 > L28 AND L28 < MINL2.29) * L28 + ABS(MINL2.26 <= L28 OR L28 >= MINL2.29) * (ABS(MINL2.27 > L29 AND L29 < MINL2.30) * L29 + ABS(MINL2.27 <= L29 OR L29 >= MINL2.30) * (ABS(MINL2.28 > L30 AND L30 < MINL2.31) * L30 + ABS(MINL2.28 <= L30 OR L30 >= MINL2.31) * (ABS(MINL2.29 > L31 AND L31 < MINL2.32) * L31 + ABS(MINL2.29 <= L31 OR L31 >= MINL2.32) * (ABS(MINL2.30 > L32 AND L32 < MINL2.33) * L32 + ABS(MINL2.30 <= L32 OR L32 >= MINL2.33) * (ABS(MINL2.31 > L33 AND L33 < MINL2.34) * L33 + ABS(MINL2.31 <= L33 OR L33 >= MINL2.34) * (ABS(MINL2.32 > L34 AND L34 < MINL2.35) * L34 + ABS(MINL2.32 <= L34 OR L34 >= MINL2.35) * (ABS(MINL2.33 > L35 AND L35 < MINL2.36) * L35 + ABS(MINL2.33 <= L35 OR L35 >= MINL2.36) * (ABS(MINL2.34 > L36 AND L36 < MINL2.37) * L36 + ABS(MINL2.34 <= L36 OR L36 >= MINL2.37) * (ABS(MINL2.35 > L37 AND L37 < MINL2.38) * L37 + ABS(MINL2.35 <= L37 OR L37 >= MINL2.38) * (ABS(MINL2.36 > L38 AND L38 < MINL2.39) * L38 + ABS(MINL2.36 <= L38 OR L38 >= MINL2.39) * (ABS(MINL2.37 > L39 AND L39 < MINL2.40) * L39 + ABS(MINL2.37 <= L39 OR L39 >= MINL2.40) * (ABS(MINL2.38 > L40 AND L40 < MINL2.41) * L40 + ABS(MINL2.38 <= L40 OR L40 >= MINL2.41) * (ABS(MINL2.39 > L41 AND L41 < MINL2.42) * L41 + ABS(MINL2.39 <= L41 OR L41 >= MINL2.42) * (ABS(MINL2.40 > L42 AND L42 < MINL2.43) * L42 + ABS(MINL2.40 <= L42 OR L42 >= MINL2.43) * (L - 1)))))))))))))))))))))))))))))))))))))))))

Dear Bruce L.!

Where do you get those formulas? Do you have a link with such pre-build formulas?

Best regards,

                                 Alexander.

I created the formulas using the techniques described in the Days Since Last Peak (or other day-counting needs) topic. I made the formulas from scratch for this topic. They are not copies of pre-existing formulas.

Thank you for the reply!

You're welcome.