Registered User Joined: 4/15/2007 Posts: 73
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I have created a scan condition for price closing above and below 2 SD Bollinger Bands on a daily chart.
This picks up only events that happen today. I would like to extend the condition to identify closes that qualify in the last 5 days. Is that possble?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Add a Bollinger Bands %B indicator to the chart with the same settings as your Bollinger Bands. Then add Donchian Channels to the Bollinger Bands %B indicator with the Period of the Donchian Channels set to 5 and the Offset of the Donchian Channels set to 0.
Adding and Moving Indicators
Then click on the Donchian Channels and select Create Scan Condition for Chan Bottom - Less Than: 0.
Create Conditions from Your Chart
You can delete the Bollinger Bands %B indicator and Donchian Channels from the chart once you have created and saved the condition.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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