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Worden Discussion Forum » General Discussions » TC2000 version 12 or 18 » Consolidation Scan 15 day

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Tristram
Posted : Wednesday, January 23, 2013 2:13:36 PM
Registered User
Joined: 10/7/2004
Posts: 24

I would like to write an easy scan to find stocks that have a closing price within 3% each day for 15 days.  I am trying to find stocks that are consolidating within a tight range for a certain period of time.  How do I write this scan?

Thank You

Tristram
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Bruce_L
Posted : Wednesday, January 23, 2013 2:42:42 PM


Worden Trainer

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

A Condition Formula to check for the closing prices over the most recent 15-bars to be within 3% of each other could be written as:

MAXC15 <= 1.03 * MINC15

PCF Formula Descriptions


-Bruce
Personal Criteria Formulas
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