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Registered User Joined: 4/8/2008 Posts: 37
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How can I write a scan that shows me stocks that today made a 10 day low but are trading within 20% of the open; 5/9/18 clsd is a good example, pags on 5/30.
I would also like the reverse of the above scan.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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For the low:
L = MINL10 AND 5 * ABS(O - C) <= H - L AND H > L
For the high:
H = MAXH10 AND 5 * ABS(O - C) <= H - L AND H > L
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 4/8/2008 Posts: 37
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what do 5 * abs mean?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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5 * is designed to get the 20% as 5 * 20% = 100%.
The ABS(O - C) section is finding the size of the body.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 4/8/2008 Posts: 37
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Bruce can we run the same scan but instead of using 20%-open use 20% of the low for the 10day high scan and 20% off the high for the 10day low scan.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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For the low:
L = MINL10 AND STOC1 >= 80
For the high:
H = MAXH10 AND STOC1 <= 20
-Bruce Personal Criteria Formulas TC2000 Support Articles
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