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Profile: bcochrane
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User Name: bcochrane
Groups: Gold User, Member, TeleChart
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Joined: Friday, September 17, 2010
Last Visit: Saturday, July 21, 2018 11:52:26 PM
Number of Posts: 401
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Last 10 Posts
Topic: Create a price alert for crossing indicators?
Posted: Sunday, July 15, 2018 9:25:27 PM

There are two main techniques

1 Create Condition from a chart. If you have both MAs on a chart, right click on the chart symbol in top left of your chart, select Set Alert, and scroll down the options presented until you find the one you want, click it

2. Write a PCF of the form XUp(AvgC5, AvgC20) (MA5 crossing up MA20) and right click on the symbol in a watchlist, and then Set Alert, New Condition etc

The first alternative is usually the quickest  and sometimes thereare expressions which can't be written as PCFs, and so you have to use it.

If it's an Alert you will use many times, the add the Condition to your Library, and then use Condition from Library option when setting the Alert

Hope this gets you started

Topic: Fun with Candlesticks
Posted: Sunday, July 15, 2018 9:16:24 PM

http://forums.worden.com/default.aspx?g=posts&t=7989

 

Topic: Add market cap, sales Qtr over Qtr (by x%), and growth Qtr over Qtr (by x5%)
Posted: Saturday, July 07, 2018 7:57:18 PM

Could start here

http://forums.worden.com/default.aspx?g=posts&t=272 and

http://forums.worden.com/default.aspx?g=posts&t=66559

Topic: How current is fundamental data?
Posted: Tuesday, July 03, 2018 5:49:03 PM

A subject of ongoing debate. Fundamental data is provided by Morningstar, and Worden updates it when they recieve it. I believe Morningstar provides updates on a weekly basis,.Itis generally accurate,but I notice that some Next earnings dates aren't correct.

Someother sites report different data. Exampleis Beta, which (I think) depends on how the result is calculated. Beats me which one is "correct"

There are multiple posts in the forums if you search for them

Topic: Display date condition triggered in column?
Posted: Tuesday, July 03, 2018 5:43:15 PM

One option is to display the condition prominently on the chart when the condition occurs. A tall red horizontal bar on the chart is hard to miss

Hope this helps

Topic: easy scan for earnings dates
Posted: Monday, July 02, 2018 11:54:35 AM

Thick Fingers

Sort ON it, not sort be it

Topic: easy scan on stock/sector and industry at the same time.
Posted: Monday, July 02, 2018 11:53:06 AM

There are some things you can do. Using PMO 35 as an example, I can:

  • Add the Industry as a "price" panel on my chart
  • Add a PMO panel
  • Change Data Source of PMO Channel to the Industry

From here, I can create a Scan Condition for Industry PMO moving up,abovei its MA, being above zero, depending on my criteria, have the same scan criteria for the stock and determine if both are in an uptrend or not

Or

I can plot a PMO in the same panel for both the stock and the industry, each with its MA10. I can visually see what their repective trends are. On July 2, I happen to have TSC as my chart symbol, and I can see that TSC is stronger than its industry, but both are trending down (downward direction and below their MA10. It appears fromthis chart that I can Create Condition PMO Stock Cross Up PMO Industry, which could be a version of a Relative Strength Cross Over

I beleive it is true to say that Create Condition gives us capabilities we don't have if using PCFs.

 

Topic: easy scan for earnings dates
Posted: Monday, July 02, 2018 9:51:28 AM

Perhaps the nearest you can come is to add Next Earnings as a column in a watchlist, and then sort be it. In theory, you should be able to pickoff next three weeks and copy to another watchlist (if you want to isolate them)

I said in theory because there is a small percent of stocks for which Next Earnings hasn't been updated, but these will be obvious to you very quickly

Topic: (Relative strength vs SPY) and Moving average of (Relative strength vs SPY) condition
Posted: Sunday, July 01, 2018 10:39:28 AM

If I understand correctly:

Put Relative Strength 1-Yr vsSP500 as a pane on chart

Add Plot Here of Moving Average and adjust MA period to 30

Right Click Relative Strength, select Create Condition, and Pick Crossing Up option

Topic: Fun with Pullbacks
Posted: Wednesday, June 27, 2018 10:03:15 AM

Closed down for N‐1 of the last N trading days, where N = 4, 5, or 6, so I could use PCFs that are true for the following conditions:

  • Closed down 3 of the last 4 days
  • Closed down 4 of the last 5 days
  • Closed down 5 of the last 6 day

TrueInRow(C<C1,4)=3 or TrueInRow(C<C1,5)=4 or TrueInRow(C<C1,5)=4

if one day must be up or use >= if all days could be down

Today the stock&rsquo;s lowest price is at least X% (X = 3, 4, 5, or 6) below the previous day&rsquo;s. Looks like I need four PCFs. Or one template.

L<C*.97

if below previous day&#39;s Close. Use L instead of C if below previous day&#39;s Low. Why test for different per cents? If its at least 3% below, then it could be 4%, 5% or 6% (or more)