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hhphoto2006
Posted : Wednesday, April 5, 2017 1:58:30 PM
Registered User
Joined: 10/18/2008
Posts: 260

Hi Bruce

Could you help me create a PCF for High beta stocks. Not sure if this is possible. For example :

Stocks Beta > 1.3

ThanksĀ 

markhike
Posted : Wednesday, April 5, 2017 2:04:22 PM
Registered User
Joined: 5/23/2006
Posts: 75

QUOTE (hhphoto2006)

Hi Bruce

Could you help me create a PCF for High beta stocks. Not sure if this is possible. For example :

Stocks Beta > 1.3

ThanksĀ 

You don't need to use PCF. Just creating a scan using the Beta!

Bruce_L
Posted : Wednesday, April 5, 2017 2:14:46 PM


Worden Trainer

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

The only way to create this would be using an EasyScan and adding Beta as an EasyScan Condition as suggested by mdhuang. This is because there is no built in syntax for fundamentals in the Personal Criteria Formula Language.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
hhphoto2006
Posted : Wednesday, April 5, 2017 2:51:11 PM
Registered User
Joined: 10/18/2008
Posts: 260

Thanks Bruce,

I missed the beta conditions under fundamentals earlier.

One more question. I just created the squeeze indicator following the directions on the forum. Everything looks good but when I try to scale the histogram with the squeeze doots it does not match. I saw a screenshot from member Telework where the histogram and the doots match the zero line perfectly. Am I missing something?

Thanks Bruce.

Bruce_L
Posted : Wednesday, April 5, 2017 3:06:28 PM


Worden Trainer

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

Everything should line up as long as the indicators are all in the same pane and scale. Click on each of the indicators in turn and select Scaling... to check that all of the indicators are scaled with one of the other indicators instead of "by itself". Also make sure that the indicators aren't just paired off. So if you have Momentum Up and Momentum Down scaled togethar and Squeeze On and Squeeze Off paired together the Squeeze On and Squeeze Off won't be scaled with the Momentum Up and Momentum Down.

I also use shorter formulas in TC2000 v17.

Momentum Up

3 * FAVG(C - ((MAXH20 + MINL20) / 2 + XAVGC20) / 2, 20) - 2 * AVG(C - ((MAXH20 + MINL20) / 2 + XAVGC20) / 2, 20)

Momentum Down

3 * FAVG(C - ((MAXH20 + MINL20) / 2 + XAVGC20) / 2, 20) - 2 * AVG(C - ((MAXH20 + MINL20) / 2 + XAVGC20) / 2, 20) / ABS(13 * (C - ((MAXH20 + MINL20) / 2 + XAVGC20) / 2) + 6 * (C20 - ((MAXH20.20 + MINL20.20) / 2 + XAVGC20.20) / 2) < 19 * (AVGC19.1 - ((AVG(MAXH20.1,19) + AVG(MINL20.1,19)) / 2 + XAVG(AVGC19.1,20)) / 2))

Squeeze On

0 / (STDDEV20 * 4 <= 3 * ATR20)

Squeeze Off

0 / (STDDEV20 * 4 > 3 * ATR20)



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
hhphoto2006
Posted : Wednesday, April 5, 2017 6:28:30 PM
Registered User
Joined: 10/18/2008
Posts: 260

Thank you Bruce

Bruce_L
Posted : Wednesday, April 5, 2017 6:41:39 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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