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Registered User
Joined: 6/29/2005
Posts: 18
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Is it possible to find channeling stocks where the channel is three dollars or more wide and the current price of the stock near to either support of resistant.
Also please tell me where I will find any answer you send me
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Any answer is going to be in the same topic where you asked the question.
Learn how to use the forums: post a new topic, reply, Search existing topics
Any Personal Criteria Formula or EasyScan to find a channel is going to depend on your particular unambiguous objective definition of a channel (and/or support and resistance).
How long does the channel need to be? What makes it a channel as opposed to just a stock with a trading range of less than $3 over whatever minimum length is chosen for the channel?
Scan for stocks bouncing in a lateral channel
EasyScan Design for Breakouts and Bouncers
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 6/29/2005
Posts: 18
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Can you tell me how this PCF would work in the stockfinder software vs in the Teldchart software
Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Personal Criteria Formulas and EasyScans only work in TeleChart.
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
In StockFinder, you would create either Drag and Drop Conditions or RealCode Conditions and then use them as a Scan or Filter.
Creating Conditions
Writing Conditions in RealCode
Scanning with Conditions
Filtering Lists
That said, the basic development in both programs is the same. You need to objectively define exactly what you are looking for and then convert that into terms that the program will understand to be able to identify the desired Channels.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 6/29/2005
Posts: 18
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Please help me write a PCF or easy scan to find support and resistance
Support = Price of the stock hit the line at least three times without going below the line
The price should go up after hitting the line to resistance
Resistance = Price of stock hit the line at least three times without going above the line
The price should go down after hitting the line to the support line
Use a period of 90 days
The width of the channel shold be $3.00 Plus
Can you also help me write a PCF or easy scan to find either support or resistance
Support = Price of the stock hit the line at least three times withou going below the line
Resistance = Price of the stock hit the line at least three times withou going above the line
Use a period of 90 days
If the same thing will work in stock finder please tell me the plus an nimus using each system
I have a triial on both and if one of these software can find the stocks I am looking for I would
like to end up using one software.
Can the results have stocks that is 3.00 plus between the support and resistance and the current price is near to either support or resistance
Thank You
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Your definition is unambiguous (excepting there is not a definition of near), but occurs relatively rarely. A Personal Criteria Formula without the "near" portion could be written as:
ABS(L > L1 AND L1 = MINL90) - (L1 > L2 AND L2 = MINL90) - (L2 > L3 AND L3 = MINL90) - (L3 > L4 AND L4 = MINL90) - (L4 > L5 AND L5 = MINL90) - (L5 > L6 AND L6 = MINL90) - (L6 > L7 AND L7 = MINL90) - (L7 > L8 AND L8 = MINL90) - (L8 > L9 AND L9 = MINL90) - (L9 > L10 AND L10 = MINL90) - (L10 > L11 AND L11 = MINL90) - (L11 > L12 AND L12 = MINL90) - (L12 > L13 AND L13 = MINL90) - (L13 > L14 AND L14 = MINL90) - (L14 > L15 AND L15 = MINL90) - (L15 > L16 AND L16 = MINL90) - (L16 > L17 AND L17 = MINL90) - (L17 > L18 AND L18 = MINL90) - (L18 > L19 AND L19 = MINL90) - (L19 > L20 AND L20 = MINL90) - (L20 > L21 AND L21 = MINL90) - (L21 > L22 AND L22 = MINL90) - (L22 > L23 AND L23 = MINL90) - (L23 > L24 AND L24 = MINL90) - (L24 > L25 AND L25 = MINL90) - (L25 > L26 AND L26 = MINL90) - (L26 > L27 AND L27 = MINL90) - (L27 > L28 AND L28 = MINL90) - (L28 > L29 AND L29 = MINL90) - (L29 > L30 AND L30 = MINL90) - (L30 > L31 AND L31 = MINL90) - (L31 > L32 AND L32 = MINL90) - (L32 > L33 AND L33 = MINL90) - (L33 > L34 AND L34 = MINL90) - (L34 > L35 AND L35 = MINL90) - (L35 > L36 AND L36 = MINL90) - (L36 > L37 AND L37 = MINL90) - (L37 > L38 AND L38 = MINL90) - (L38 > L39 AND L39 = MINL90) - (L39 > L40 AND L40 = MINL90) - (L40 > L41 AND L41 = MINL90) - (L41 > L42 AND L42 = MINL90) - (L42 > L43 AND L43 = MINL90) - (L43 > L44 AND L44 = MINL90) - (L44 > L45 AND L45 = MINL90) - (L45 > L46 AND L46 = MINL90) - (L46 > L47 AND L47 = MINL90) - (L47 > L48 AND L48 = MINL90) - (L48 > L49 AND L49 = MINL90) - (L49 > L50 AND L50 = MINL90) - (L50 > L51 AND L51 = MINL90) - (L51 > L52 AND L52 = MINL90) - (L52 > L53 AND L53 = MINL90) - (L53 > L54 AND L54 = MINL90) - (L54 > L55 AND L55 = MINL90) - (L55 > L56 AND L56 = MINL90) - (L56 > L57 AND L57 = MINL90) - (L57 > L58 AND L58 = MINL90) - (L58 > L59 AND L59 = MINL90) - (L59 > L60 AND L60 = MINL90) - (L60 > L61 AND L61 = MINL90) - (L61 > L62 AND L62 = MINL90) - (L62 > L63 AND L63 = MINL90) - (L63 > L64 AND L64 = MINL90) - (L64 > L65 AND L65 = MINL90) - (L65 > L66 AND L66 = MINL90) - (L66 > L67 AND L67 = MINL90) - (L67 > L68 AND L68 = MINL90) - (L68 > L69 AND L69 = MINL90) - (L69 > L70 AND L70 = MINL90) - (L70 > L71 AND L71 = MINL90) - (L71 > L72 AND L72 = MINL90) - (L72 > L73 AND L73 = MINL90) - (L73 > L74 AND L74 = MINL90) - (L74 > L75 AND L75 = MINL90) - (L75 > L76 AND L76 = MINL90) - (L76 > L77 AND L77 = MINL90) - (L77 > L78 AND L78 = MINL90) - (L78 > L79 AND L79 = MINL90) - (L79 > L80 AND L80 = MINL90) - (L80 > L81 AND L81 = MINL90) - (L81 > L82 AND L82 = MINL90) - (L82 > L83 AND L83 = MINL90) - (L83 > L84 AND L84 = MINL90) - (L84 > L85 AND L85 = MINL90) - (L85 > L86 AND L86 = MINL90) - (L86 > L87 AND L87 = MINL90) - (L87 > L88 AND L88 = MINL90) - (L88 > L89 AND L89 = MINL90) >= 3 AND ABS(H < H1 AND H1 = MAXH90) - (H1 < H2 AND H2 = MAXH90) - (H2 < H3 AND H3 = MAXH90) - (H3 < H4 AND H4 = MAXH90) - (H4 < H5 AND H5 = MAXH90) - (H5 < H6 AND H6 = MAXH90) - (H6 < H7 AND H7 = MAXH90) - (H7 < H8 AND H8 = MAXH90) - (H8 < H9 AND H9 = MAXH90) - (H9 < H10 AND H10 = MAXH90) - (H10 < H11 AND H11 = MAXH90) - (H11 < H12 AND H12 = MAXH90) - (H12 < H13 AND H13 = MAXH90) - (H13 < H14 AND H14 = MAXH90) - (H14 < H15 AND H15 = MAXH90) - (H15 < H16 AND H16 = MAXH90) - (H16 < H17 AND H17 = MAXH90) - (H17 < H18 AND H18 = MAXH90) - (H18 < H19 AND H19 = MAXH90) - (H19 < H20 AND H20 = MAXH90) - (H20 < H21 AND H21 = MAXH90) - (H21 < H22 AND H22 = MAXH90) - (H22 < H23 AND H23 = MAXH90) - (H23 < H24 AND H24 = MAXH90) - (H24 < H25 AND H25 = MAXH90) - (H25 < H26 AND H26 = MAXH90) - (H26 < H27 AND H27 = MAXH90) - (H27 < H28 AND H28 = MAXH90) - (H28 < H29 AND H29 = MAXH90) - (H29 < H30 AND H30 = MAXH90) - (H30 < H31 AND H31 = MAXH90) - (H31 < H32 AND H32 = MAXH90) - (H32 < H33 AND H33 = MAXH90) - (H33 < H34 AND H34 = MAXH90) - (H34 < H35 AND H35 = MAXH90) - (H35 < H36 AND H36 = MAXH90) - (H36 < H37 AND H37 = MAXH90) - (H37 < H38 AND H38 = MAXH90) - (H38 < H39 AND H39 = MAXH90) - (H39 < H40 AND H40 = MAXH90) - (H40 < H41 AND H41 = MAXH90) - (H41 < H42 AND H42 = MAXH90) - (H42 < H43 AND H43 = MAXH90) - (H43 < H44 AND H44 = MAXH90) - (H44 < H45 AND H45 = MAXH90) - (H45 < H46 AND H46 = MAXH90) - (H46 < H47 AND H47 = MAXH90) - (H47 < H48 AND H48 = MAXH90) - (H48 < H49 AND H49 = MAXH90) - (H49 < H50 AND H50 = MAXH90) - (H50 < H51 AND H51 = MAXH90) - (H51 < H52 AND H52 = MAXH90) - (H52 < H53 AND H53 = MAXH90) - (H53 < H54 AND H54 = MAXH90) - (H54 < H55 AND H55 = MAXH90) - (H55 < H56 AND H56 = MAXH90) - (H56 < H57 AND H57 = MAXH90) - (H57 < H58 AND H58 = MAXH90) - (H58 < H59 AND H59 = MAXH90) - (H59 < H60 AND H60 = MAXH90) - (H60 < H61 AND H61 = MAXH90) - (H61 < H62 AND H62 = MAXH90) - (H62 < H63 AND H63 = MAXH90) - (H63 < H64 AND H64 = MAXH90) - (H64 < H65 AND H65 = MAXH90) - (H65 < H66 AND H66 = MAXH90) - (H66 < H67 AND H67 = MAXH90) - (H67 < H68 AND H68 = MAXH90) - (H68 < H69 AND H69 = MAXH90) - (H69 < H70 AND H70 = MAXH90) - (H70 < H71 AND H71 = MAXH90) - (H71 < H72 AND H72 = MAXH90) - (H72 < H73 AND H73 = MAXH90) - (H73 < H74 AND H74 = MAXH90) - (H74 < H75 AND H75 = MAXH90) - (H75 < H76 AND H76 = MAXH90) - (H76 < H77 AND H77 = MAXH90) - (H77 < H78 AND H78 = MAXH90) - (H78 < H79 AND H79 = MAXH90) - (H79 < H80 AND H80 = MAXH90) - (H80 < H81 AND H81 = MAXH90) - (H81 < H82 AND H82 = MAXH90) - (H82 < H83 AND H83 = MAXH90) - (H83 < H84 AND H84 = MAXH90) - (H84 < H85 AND H85 = MAXH90) - (H85 < H86 AND H86 = MAXH90) - (H86 < H87 AND H87 = MAXH90) - (H87 < H88 AND H88 = MAXH90) - (H88 < H89 AND H89 = MAXH90) >= 3 AND MAXH90 - MINL90 >= 3
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Checking for the PCF to be "near" the Max or Min instead of exactly hitting it would relax the requirements and probably result in more hits. This would require a definition of near however (which is also required to test for price being currently near support and or resistance).
The RealCode version for StockFinder would probably be somewhat shorter than the Personal Criteria Formula given above for TeleChart (I will create it once the requirements are finalized). It could also be made to be adjustable while the TC PCF needs to be completely re-written whenever you adjust the settings.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 6/29/2005
Posts: 18
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Hi
Can this PCF be modified so that
1. The results have only stocks that is in a horizontal channel only where the support and resistance lines
are horizontal lines east to west.
2. The support and resistance lines= the price of the stock hit the line at least 3 times
2. The channel is $3.00 or more
If clarification or more info is needed please ask me questions
Thank You
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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MINL90 and MAXH90 are always horizontal. The Personal Criteria Formula already checks for these values to be hit at least 3 times and for them to be at least $3 apart.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 5/1/2012
Posts: 1
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Can anyone help me reverse this code to find stocks near support?
C=MAXC120 AND C>(MAXC120.60)*.99 AND C<(MAXC120.60)*1.01
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Try this:
C=MINC120 AND C<(MINC120.60)*1.01 AND C>(MINC120.60)*.99
Thanks
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