Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

BB Squeeze Scan Problem Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
bill_h2386
Posted : Thursday, April 4, 2019 11:37:14 AM
Registered User
Joined: 1/19/2019
Posts: 2

Hello! I am attempting to use a formula for a Bolinger Band Squeeze scan that I came across. When I enter the formula, it says "formula error". Any ideas on what I need to modify to run the scan? Thanks in advance.

 

[type = stock] and [country = us] and [daily sma(20,daily volume) > 250000] and [daily bb width(20,2.0,daily close) <= daily close * 0.06]

bill_h2386
Posted : Thursday, April 4, 2019 11:40:48 AM
Registered User
Joined: 1/19/2019
Posts: 2

Also, is there a way to adjust the band width to 6% of the 20-day MA, rather than 6% or less of the close? Thanks again. 

Bruce_L
Posted : Thursday, April 4, 2019 12:21:41 PM


Worden Trainer

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

That formula definitely isn't a TC2000 formula. In TC2000 it would be:

AVGV20 > 250000 AND 4 * STDDEV20 <= .06 * C

You can change that .06 to something else if you want pretty easily.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.