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Ori Tova
Posted : Thursday, November 30, 2017 1:32:21 AM
Registered User
Joined: 1/16/2017
Posts: 6
Bruce,Can you create for me a scanner as followed:1. discovering stocks that reaching new lows and even smash them for US common stocks under 10-120$.2. A Momo scan for discovering stocks that have (us common stocks( 10$-100$)on the red side with a lot of downs in the price action.3. 52 weeks lows- for discovering stocks that are making new lows (us common stocks 10$-100$) Many thanks,Uri
Bruce_L
Posted : Thursday, November 30, 2017 9:55:35 AM


Worden Trainer

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

Let's start with new 52 week lows (3). In a weekly time frame.

10 <= C AND C <= 100 AND L < MINL51.1

In a daily time frame:

10 <= C AND C <= 100 AND L < MINL251.1

I am really not sure how this differs from the first request other than the price range. Not sure if that is under $10. Weekly:

C < 10 AND L < MINL51.1

Daily:

C < 10 AND L < MINL251.1

Or $10 to $120:

In a weekly time frame.

10 <= C AND C <= 120 AND L < MINL51.1

In a daily time frame:

10 <= C AND C <= 120 AND L < MINL251.1

Now for number 2. Not sure what Momo means (maybe momentum?). You can however check for say a 50 period negative linear regression slope, 49 negative net change and at least 29 of the most recent 49 bars being down as follows.

10 <= C AND C <= 100 AND FAVGC50 < AVGC50 AND C < C49 AND CountTrue(C < C1, 49) >= 29



-Bruce
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Ori Tova
Posted : Thursday, November 30, 2017 3:28:48 PM
Registered User
Joined: 1/16/2017
Posts: 6

Many thanks Bruce.

Bruce_L
Posted : Thursday, November 30, 2017 3:33:40 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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