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Need help with a new scan and new to TC2000 Rate this Topic:
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Cooltraderpro
Posted : Sunday, December 10, 2017 11:13:35 AM
Registered User
Joined: 8/10/2015
Posts: 2

Hi Bruce,

Relatively new to TC2000 and wanting to create a scan based on the following conditions. Im using V17. How would you do it?

Type of stock is S&P500 and optionable stock

SMA(14) volume is greater than 500,000

Price close is > $5

ATR(14)/Price Close > MV

Where MV  is (ATR (14) (SPX) /Previous close) * 2 = MV

IE. Say SPX is at 2000, ATR (14) is at 20 and previous close was at 2000. 

MV = (20/2,000) *2 = .020

Price close > SMA(200)

RSI(3) < 5

 

Thanks

Tony

 

Bruce_L
Posted : Monday, December 11, 2017 10:11:33 AM


Worden Trainer

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

There is not a way to reference another symbol to make the MV comparison. The rest of the formula could be written as follows for a plain RSI.

AVGV14 > 500000 AND C > 5 AND C > AVGC200 AND RSI3 < 5

And as follows for an RSI with Wilder's smoothing.

AVGV14 > 500000 AND C > 5 AND C > AVGC200 AND WRSI3 < 5



-Bruce
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