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Registered User
Joined: 2/26/2005
Posts: 15
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I am trying to scan for a high that is just below the high of the previous 20 trading days.
H >= ((MAXH20)*.96) AND
H <= (MAXH20)
I have tried it with and without the parenthesis.
It appears to be identical to the formula examples given in the help section but evidently is not.
Any assistance would be greatly appreciated.
Thanks.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The formula seems to catch the symbols meeting its conditions on my system. If the problem is that it is catching current highs as well, you can modify the formula as follows:
H>=MAXH20*.96 AND H<MAXH20
If the problem is that it is catching too many symbols, you may want to compare it to the recent trading range instead of overall price:
H–MINL20>=(MAXH20-MINL20)*.96 AND H<MAXH20
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I would do it this way:
High as a percent of MaxH20
H/MAXH20*100
You can then sort by it in descending order OR put it in an EasyScan and set the values as close to 100 as you like.
It should prove to be more flexible and reusable than a true/false condition.
Try it for me.
- Craig
Here to Help!
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