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Gap Down with Momentum Pre Built Easy Scan v17 Rate this Topic:
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kamesh1995
Posted : Thursday, November 23, 2017 1:48:22 PM
Registered User
Joined: 11/18/2017
Posts: 56

Hi Bruce,

Can you send me above pre built Easy Scan with all required criteria?. I am not sure whether I accidentally deleted it or not available.

Thanks

Bruce_L
Posted : Friday, November 24, 2017 9:58:34 AM


Worden Trainer

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

It is not one of the available pre-built EasyScans, but You can easily create this by modifying the existing gap up with momentum scan, You would edit it's conditions so that the "Gappers" condition is set to gap down not up.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
kamesh1995
Posted : Friday, November 24, 2017 11:17:02 AM
Registered User
Joined: 11/18/2017
Posts: 56

Ok. Thanks Bruce. It didn't work before with gappers down condition, unless, I removed Range as % range completely from one of the conditions. If I add this, what should be the condition criteria?

Bruce_L
Posted : Friday, November 24, 2017 11:22:24 AM


Worden Trainer

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

There is no reason you should have to remove or altre the Range as % of Range condition. It just checks for the range of the current candle to be at least 50% larger than the average range over the most recent 60 bars.

The formula is the following:

100 * (H - L) / (AVGH60 - AVGL60)

Set to Greater Than 150.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
kamesh1995
Posted : Friday, November 24, 2017 11:28:53 AM
Registered User
Joined: 11/18/2017
Posts: 56

Thanks Bruce. Have a good weekend

Bruce_L
Posted : Friday, November 24, 2017 11:35:12 AM


Worden Trainer

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

You're welcome. Have a great weekend.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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