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Registered User
Joined: 3/14/2005
Posts: 25
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I liked the Fan pattern scan that was giving friday on Don' Reports. Can you please walk me through how to set it up. Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The following settings are mentioned:
Fan Pattern Chart Template Settings:
-Top
--Prices
---Moving Average - 200 bars - Simple - Red, Normal
---Moving Average - 200 bars - Exponential - Red, Dotted
---Moving Average - 100 bars - Simple - Yellow, Normal
---Moving Average - 100 bars - Exponential - Yellow, Dotted
---Moving Average - 50 bars - Simple - Turquoise, Normal
---Moving Average - 50 bars - Exponential - Turquoise, Dotted
-Middle
-Bottom
The following videos show how to set up Chart Templates:
Adding, removing and saving indicators to a chart template
Customize your charts using Chart Templates
Fan Pattern PCF:
C > AVGC20 AND AVGC20 > AVGC50 AND AVGC50 > AVGC100 AND AVGC100 > AVGC200
The following video shows how to set up Personal Criteria Formulas:
How to create a Personal Criteria Forumula (PCF)
Fan Pattern WatchList Columns:
Tracking Days In List
Fan Pattern PCF
The following videos show how to set up and use the WatchList tabs:
Customize the Information Displayed in the WatchList
Create your own stock rankings using WatchLists and Sort conditions
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 3/12/2005
Posts: 9
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Bruce I have the same interest in the "Fan Pattern" as explained on Worden Report of Jul-15
The PCF you suggest in your post returns all stocks that are currently trading above their 20, 50, 100 and 200 moving averages which is quite a bit.
I think the author starts with stocks that have just brokenup above the 50 days moving average, and would be interested in knowing how to set up a PCF and relevant EasyScan to find those stocks that are just (currently) breakingup above 50SMA
Thanks
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Registered User
Joined: 3/12/2005
Posts: 9
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Further to my previous quote: do you know how to contact or read more about the author of the "Fan Pattern" quoted on Worden Report of Jul-15?
Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Try this:
C>AVGC50 AND C1<=AVGC50.1
The videos already mentioned above explain how to create Personal Criteria Formulas and use them in EasyScans. You may email Sir Fan-Pattern by sending an email to support@worden.com to his attention. While it will be forwarded, there is no guarantee of a response. If you were a Platinum member, you could also participate in his Trading Technicals club.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You are welcome to email support@worden.com and ask for the email to be forwarded to the user.
- Craig
Here to Help!
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Registered User
Joined: 3/12/2005
Posts: 9
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thanks Bruce
thanks Craig
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome. We're always happy to help!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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