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Help Fine Tuning Easy Scan Rate this Topic:
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craigjcronin
Posted : Monday, September 25, 2006 10:07:57 AM
Registered User
Joined: 9/26/2005
Posts: 10
I am requesting help with one of my easy scans. I created an easy scan which looks for stocks with recent 52 week highs, price above 50 and 200 ma, 90 day volume > 100,000, and EPS latest Qtr >2.5. Price between 1 and 20.

The scan works well and is turning up a list of stocks that appears to be working, BUT there are stocks that from my research meet the criteria but are not getting turned up. I'm looking for some insight as to why they may not be showing up.

Here are my PCFs

Price Above 50 and 200
C>XAVGC50 AND C>XAVGC200

Recent 52-wk High
H2=MAXH250.2 OR
H3=MAXH250.3 OR
H4=MAXH250.4 OR
H5=MAXH250.5 OR
H6=MAXH250.6 OR
H7=MAXH250.7 OR
H8=MAXH250.8 OR
H9=MAXH250.9 OR
H10=MAXH250.10 OR
H11=MAXH250.11 OR
H12=MAXH250.12 OR
H13=MAXH250.13

I use the built in criteria for price, volume and EPS.

According to everything I have checked the screen should turn up PSPT, but it doesn't. This makes me wonder what other stocks the screen may be missing.

Any help would be appreciated.

Thanks,



Craig_S
Posted : Monday, September 25, 2006 10:17:06 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
PSPT cannot meet your first PCF:

Price Above 50 and 200
C>XAVGC50 AND C>XAVGC200

This PCF needs 1,001 days of trading to calculate. PSPT has only been trading around 500-600 days. By using this PCF you are also eliminating any stock with less than 1,001 days of trading.

- Craig
Here to Help!
craigjcronin
Posted : Monday, September 25, 2006 10:23:55 AM
Registered User
Joined: 9/26/2005
Posts: 10
Thanks for the extremely fast response!

What can be altered so I can see stocks with fewer trading days?
Craig_S
Posted : Monday, September 25, 2006 10:27:54 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
You would have to drop that PCF from your EasyScan or change it to just C>XAVGC50

When you build or edit PCFs you can test them. They will tell you the number of days needed to calculate.

If you use just

C>XAVGC50

You can then do a Visual Difference sort between price and the 200ema if you like. Check out this video: Comparing indicators using Visual Difference sorts

- Craig
Here to Help!
craigjcronin
Posted : Monday, September 25, 2006 10:39:30 AM
Registered User
Joined: 9/26/2005
Posts: 10
Perfect, thanks so much!
Craig_S
Posted : Monday, September 25, 2006 10:40:53 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
You are very welcome.

- Craig
Here to Help!
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