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proton32060
Posted : Wednesday, January 30, 2008 5:16:44 PM
Registered User
Joined: 1/11/2008
Posts: 5
I need some help creating two formulas to be part of an easy scan. Now I will admit I have never comprehended even simple programming so this probably is not difficult but it is beyond me.
 
I am using these two formulas for a Price Channel:
 
Indicator Line Formula:
(MAXH22+ MINL22) / 2
 
Channel Width Formula:
(MAXH22 - MINL22) / 6
 
Smoothing average= 1
Width Multiplier= 28
Exponential
 
What I need is to create two formulas to add to different easy scans.
 
1)      Select stocks which have closed above the price channel.
2)      Select stocks which have closed below the price channel.
 
 
I have watched just about every training video I could find and did not find anything that would give a clear idea how to do this. If there is one I would probably still not understand the programming.
 
So if you could please just spell out the formulas for this I would really appreciate it.
 
Thanks
Bruce_L
Posted : Thursday, January 31, 2008 8:27:53 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
QUOTE (proton32060)
Select stocks which have closed above the price channel.

Please try using the following Personal Criteria Fromula as an EasyScan Condition:

C > (29 * MAXH22 + MINL22) / 30

QUOTE (proton32060)
Select stocks which have closed below the price channel.

Please try using the following Personal Criteria Fromula as an EasyScan Condition:

C < (MAXH22 + 29 * MINL22) / 30

You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
proton32060
Posted : Thursday, January 31, 2008 11:04:30 PM
Registered User
Joined: 1/11/2008
Posts: 5
Thanks a lot.
I Really Appreciate it.
 
I do have a suggestion.
 
Even a programming illiterate like me can usually figure out how to modify the periods in a formula that does about what they are looking for. From looking at the posts many people ask variations of the same questions and are looking for many of the same things.
 
It would be great if you guys would assemble a pdf file with a compilation of the pcf’s you have posted with a short explanation of what they do. It would probably save you guys the trouble of answering the same questions over and over again.
Bruce_L
Posted : Friday, February 1, 2008 8:15:40 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
proton32060,
I wish this were practical, I really do. Unfortunately, we've literally written thousands of Personal Criteria Formulas in the forums. While many of these PCFs are for similar things, (Moving Average crossovers, Linear Regressions, Bollinger Bands, Wilder's Smoothed RSIs, Weekly versions of Daily formulas, etc.) a majority are actually requests for something that hasn't been asked previously.

We do have "go to" topics for all of the common formulas. We discussed creating a forum for these topics that would be similar to the Product Help/Tutorial Videos forum, but decided against it for a variety of reasons.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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