Hi,

I'm looking for an scan for the following criteria:

1. A consolidation period of at least 30 bars (preferably within a % range but not necessary)

2. Price breaks above high of consolidation range

3. Volume on breakout bar is greater than 50 day average

4. Occured within the last 5 trading days

I tried to search for similar ones but couldn't find any that worked.

Thanks much!

Yi

Note one #1: It can be either a horizontal base or a downward sloping channel with the breakout above the top falling channel line instead of the high of the base (Not sure if this is possible)

If you wanted the range over the previous 30 bars to be less than or equal to 10%, you could write that as follows.

MAXH30.1 <= 1.1 * MINL30.1

Checking for price to be above the top of that range can be written as follows.

C > MAXH30.1

Checking for volume being above the 50 day average can be written as follows.

V > AVGV50

So we can combine the above as follows.

MAXH30.1 <= 1.1 * MINL30.1 AND C > MAXH30.1 AND V > AVGV50

Checking for this happening within the most recent 5 bars can be written as follows in TC2000 v17.

CountTrue(MAXH30.1 <= 1.1 * MINL30.1 AND C > MAXH30.1 AND V > AVGV50, 5) > 0

And as follows in earlier versions of TC2000.

MAXH30.1 <= 1.1 * MINL30.1 AND C > MAXH30.1 AND V > AVGV50 OR MAXH30.2 <= 1.2 * MINL30.2 AND C1 > MAXH30.2 AND V1 > AVGV50.1 OR MAXH30.3 <= 1.3 * MINL30.3 AND C2 > MAXH30.3 AND V2 > AVGV50.2 OR MAXH30.4 <= 1.4 * MINL30.4 AND C3 > MAXH30.4 AND V3 > AVGV50.3 OR MAXH30.5 <= 1.5 * MINL30.5 AND C4 > MAXH30.5 AND V4 > AVGV50.4