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Profile: zmjesrai
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User Name: zmjesrai
Groups: Gold User, Member, TeleChart
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Joined: Tuesday, March 15, 2005
Last Visit: Saturday, November 12, 2016 11:35:03 PM
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Last 10 Posts
Topic: Easy scan for stocks getting ready for breakout
Posted: Tuesday, January 17, 2006 10:00:48 PM
Hi Craig,

Sorry I may be having a blonde moment here. I am still not sure how do do use these formulas, how do I add them and set the limits.

Sorry for the inconvenience...

Many Thanks

Zahid



QUOTE (Craig_S)
Try these PCFs

Recent Avg Range as % of older range
(AVGH10-AVGL10)/(AVGH11.10-AVGL11.10)*100

21-day low as % of 50-day low
MINL21/AVGL50*100

Add them both to an EasyScan with these settings:

Recent Avg Range as % of older range
(set to VALUES MIN to 100)

21-day low as % of 50-day low
(set to VALUES 100 to MAX)

Sort your resulting WatchList that is generated by the scan by
Recent Avg Range as % of older range in ascending order.

Let me know what you think....
Topic: Easy scan for stocks getting ready for breakout
Posted: Tuesday, January 17, 2006 4:26:54 PM
QUOTE (Craig_S)
Try these PCFs

Recent Avg Range as % of older range
(AVGH10-AVGL10)/(AVGH11.10-AVGL11.10)*100

21-day low as % of 50-day low
MINL21/AVGL50*100

Add them both to an EasyScan with these settings:

Recent Avg Range as % of older range
(set to VALUES MIN to 100)

21-day low as % of 50-day low
(set to VALUES 100 to MAX)



Dear Support
excuse my inexperience with easy scans but how do I acutally do this easy scan. could you walk me through step by step?

many thanks

Zahid

Sort your resulting WatchList that is generated by the scan by
Recent Avg Range as % of older range in ascending order.

Let me know what you think....
Topic: Pivot point channels
Posted: Tuesday, January 17, 2006 4:11:26 PM
Dear Sir,

I need you help.

I am trying to generate pivot point channels (similar to price channel and bollinger bands), using a 7 day exponentional moving average of a pivot point as a base.

My pivot base = (high+low+close)/3

high pivot point = pivot point + (pivot point -low)
(H + L + C ) / 3 + ( (H + L + C ) / 3 - L ))

low pivot point = pivot point - (high - pivot point)
(H + L + C ) / 3 - ((H - (H + L + C ) / 3))

Firstly, I want to use a 7 day exponential moving everage of the pivot point base.

Next I want tp calculate the difference between the base pivot and the pivot high for each of the last seven days. To do this I want to subtract the base pivot point value from the pivot high value for each of the last seven days and do the same for the low pivot point. This will give me an average value of the difference between the high and low pivots.

The final step, I want to add this average of the differences to the moving average of the pivots to get the resistence line. Also I want to subtract the average of the differences from the moving average of the pivots to get the support line. This will create a channel for the support and resistance.


Can this be done?

I thank you in advance for your support and patience.

many thanks

Zahid