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Weekly NR7 Scan Rate this Topic:
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Coach137
Posted : Monday, October 30, 2006 5:19:58 PM
Gold Customer Gold Customer

Joined: 1/31/2005
Posts: 3
I tried converting your NR7 scan to a weekly format using the following formula:

MAXH5 - MAXL5 < MAXH5.5 - MAXL5.5 AND
MAXH5 - MAXL5 < MAXH5.10 - MAXL5.10 AND
MAXH5 - MAXL5 < MAXH5.15 - MAXL5.15 AND
MAXH5 - MAXL5 < MAXH5.20 - MAXL5.20 AND
MAXH5 - MAXL5 < MAXH5.25 - MAXL5.25 AND
MAXH5 - MAXL5 < MAXH5.30 - MAXL5.30

However, it did not work because the current week's bar was not the narrowest bar for many of the stocks that past the scan. What did I do wrong?

Bruce_L
Posted : Monday, October 30, 2006 5:34:02 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Please try the following instead:

MAXH5 - MINL5 < MAXH5.5 - MINL5.5 AND
MAXH5 - MINL5 < MAXH5.10 - MINL5.10 AND
MAXH5 - MINL5 < MAXH5.15 - MINL5.15 AND
MAXH5 - MINL5 < MAXH5.20 - MINL5.20 AND
MAXH5 - MINL5 < MAXH5.25 - MINL5.25 AND
MAXH5 - MINL5 < MAXH5.30 - MINL5.30

MAXL5 is the highest low of the last five periods.
MINL5 is the lowest low of the last five periods.

You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
Handy PCF example formulas to help you learn the syntax of PCFs!

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Coach137
Posted : Monday, October 30, 2006 11:19:27 PM
Gold Customer Gold Customer

Joined: 1/31/2005
Posts: 3
I knew I was makinga simple mistake. Thanks for the help!
Bruce_L
Posted : Tuesday, October 31, 2006 8:39:14 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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