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Gappers - How Did They Do That Rate this Topic:
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bcochrane
Posted : Sunday, November 13, 2016 1:43:42 PM
Registered User
Joined: 9/17/2010
Posts: 484

I just added the built in Function Gappers Daily to a Watch List, and it populates the cells with either Gap Up or Gap Down. Neat

How do they do that, or of more curiosity, can I do the same thing?

Any other functions do an equivalent thing?

Thanks

Bruce_L
Posted : Tuesday, November 15, 2016 9:43:34 AM


Worden Trainer

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

It is only able to do this and output text because it is on the servers. The actual formula used just returns 1 when there is a gap up and 2 whene there is a gap down.

-1 * (L>H1) + -2 * (H<L1)

The key to how this works is that a Boolean (true or false) expression in parentheses is going to return -1 when true and 0 when false. An alternative would be to use an ABS() function instead of just plain parentheses because that will return 1 when true and 0 false.



-Bruce
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bcochrane
Posted : Wednesday, November 16, 2016 10:46:22 AM
Registered User
Joined: 9/17/2010
Posts: 484

So how do I get coding access to the servers? Just joking.

Thought it would be something like that, but I was so pleased?, surprised? to see words in a WatchList, I just had to ask.

Thanks

 

Bruce_L
Posted : Wednesday, November 16, 2016 11:19:29 AM


Worden Trainer

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

Sorry there isn't a way to output words. But you can use numbers to communicate multiple results in the same WatchList column.



-Bruce
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bcochrane
Posted : Thursday, November 17, 2016 9:39:00 AM
Registered User
Joined: 9/17/2010
Posts: 484

Thanks for the comment about using numbers, with PCFs similar to Gappers. I'll have to think about where to use it eg scoring stocks across several criteria.

Bruce_L
Posted : Thursday, November 17, 2016 10:04:28 AM


Worden Trainer

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

You're welcome.



-Bruce
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ander509
Posted : Thursday, November 24, 2016 7:48:41 AM
Registered User
Joined: 10/9/2010
Posts: 3

How can I set up the gap scan so that it scan pre-market?

Ander509

StockGuy
Posted : Thursday, November 24, 2016 8:49:33 AM

Administration

Joined: 9/30/2004
Posts: 9,187

Pre-market scanning is not currently available in TC2000.

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