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Worden Discussion Forum
Manz thanks to you.
A single surge from one bar is all I need. Thanks.
Not sure what you mean by: Or if you need that to continue...
MINV5 >= 2 X AVGV50.5 ?
Do you think that I could use five TrueinRow filters from = 5 to =9 in one scan ?
Good morning Bruce,
How would you formulate a scan for the following:
A volume surge occured (1) starting 5 to 10 bars ago, (2) that had at least twice the volume of the average 50 bar volume?
Thnaks and kind regards,
OK, Bruce, will do.
I've used the linear regression slope a lot in the past, should have come to mind. Thanks!
Maybe something like AVG10 for a 10 bar decline or
AVG5 for a 5 bar decline
Regarding #2 above, how would you formulate that:
The average price over the last 10 bars has been decreasing.
(Not using the AVG50 Upside crosses or the AVG50 at all).
Mnay thanks for your support. Best regards, Chris
Hi Bruce - thanks a lot for those formulas.
What I meant with #4 is an analogy to the high of the last 5 bars not being greater than 5% above the current high .
This is a formula for the last 3 bars not being higher than 3% above the current high:
100 * ABS(3 * H / (AVGH3.1 + AVGL3.1 + AVGC3.1) - 1) <= 3
So I'm not sure whether the 5 bar/5% condition would be:
100 * ABS(5 * H / (AVGH5.1 + AVGL5.1 + AVGC5.1) - 1) <= 5 ?
I have some easy scan questions today:
1. Regarding the TCI Volume = True IIF(V > 1.618 * AVGV6.1, V, 1 / 0)
How could I stipulate that a TCI Volume bar occured between 5 to 10 bars ago?
2. The average price over the last 10 (or 15 bars) has ben falling, but the Bar CLOSES
did not cross the AVG50 to the upside during the same period(s).
3. The generic formula for yesterday's HIGH being above the T3-6-1.272 MA, and
The generic formula for the day before yesterday's LOW being below the T3-6-1.272.
4. The currrent high is less than 5% of the last 5 bars.
Many thanks and kind regards,