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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Boom bar scanner

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Thomsens
Posted : Monday, February 18, 2019 12:57:13 PM
Registered User
Joined: 10/31/2018
Posts: 2

Hey.

Is it possible to make a scan that search for stocks that are trading much more than the usual range. I'm talking about 2-3 times bigger "daily" candle bars. Something like the screesnhot. 

https://gyazo.com/a6f5174e56991a241910e831cbe590ec

 

Thanks in advance.
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Bruce_L
Posted : Tuesday, February 19, 2019 10:02:20 AM


Worden Trainer

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

If you just want a bar that is more than twice the average over say the last 21 bars.

H - L > 2 * AVG(H1 - L1, 21)

If you also has to be a bullish engulfing pattern.

C > O1 AND O1 > C1 AND C1 > O AND L = MINL5 AND H - L > 2 * AVG(H1 - L1, 21)

 


-Bruce
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Thomsens
Posted : Tuesday, February 19, 2019 3:57:15 PM
Registered User
Joined: 10/31/2018
Posts: 2

Thanks so much Bruce!
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Bruce_L
Posted : Tuesday, February 19, 2019 4:10:16 PM


Worden Trainer

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

You're welcome.


-Bruce
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TC2000 Support Articles
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