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Need Help with Building strategy for Blocks

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jthanki

Posted : Friday, September 28, 2007 5:19:54 PM

Registered User
Joined: 5/21/2007
Posts: 13

I need help in building the following strategy for Blocks:

Buy a stock that retraces 30% from 52 weeks high.

Thanks

JT

Bruce_L

Posted : Friday, September 28, 2007 6:30:06 PM

Worden Trainer

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

Please try using the Price vs. MinMax Strategy Condition from the Web Library (under Price) as a Buy Condition. You may wish to try the following settings in QuickEdit:

Price Element: Bar Close (Last)
is: Below or Equal
the: Maximum
Price Element: Bar High
for previous x bars: 252
Times: 0.7000
# Bars True: 1
Bars to Test: 1
Override TimeFrame: 1 Day

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

jthanki

Posted : Monday, October 1, 2007 10:13:30 AM

Registered User
Joined: 5/21/2007
Posts: 13

Thanks Bruce.

I did input this info and now I want to find out which stocks meet my definations so I can execute a trade. How do I find current stocks?

Thanks

JT

Bruce_L

Posted : Monday, October 1, 2007 10:15:43 AM

Worden Trainer

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

Please try selecting Strategy | Conditions | Scan Only and viewing Strategy | Results (for current results) or Strategy | By Date (for the results at the Date Pointer).

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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