Registered User
Joined: 2/10/2008
Posts: 12
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I am having a problem getting any % true hits on the following bearish meeting lines formula. ABS(C1 - O1) > (H1 - L1) * 0.50 AND C1 > O1 AND ((C1 + O1) / 2) > H2 AND ABS(C - O) > (H - L) * 0.50 AND C < O AND ((C + O) / 2) > H1 AND C = C1 AND V > 3500. Do I have something wrong ???
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I don't see anything wrong with the formula. No two conditions seem mutually exclusive. The eight conditions in combination however are incredibly restrictive.
Try breaking down the Personal Criteria Formula into its components and using each as an EasyScan Condition to see what I mean. The first five conditions each cut the number of results from the previous condition by half to two thirds, but the sixth condition currently cuts the results from 90 to 2 with two more conditions to go.
Using EasyScan to find stocks that meet your own criteria
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 2/10/2008
Posts: 12
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Thank you,
I'll look at the Bullish version and try to scale it down.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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