Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

New scan... Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
michaelm2136
Posted : Thursday, March 20, 2014 11:01:00 AM
Registered User
Joined: 1/13/2014
Posts: 18

Bruce,

Thanks a million for all your help...

Heres a new scan i need help with

Volume over 250k a day

price above 5$

Ten day ADX ABOVE 30

Price above 200 day sma

Bollinger Bands settings are at 5,1

Stock price is below 0.1 On Bollinger Band for 3 days or more in a row.

I tried to do it myself and cant seem to get it right.

                                                        Mike M

Bruce_L
Posted : Thursday, March 20, 2014 3:57:59 PM


Worden Trainer

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

Assuming you mean the closing price is below the lower Bollinger Bands for the three most recent bars, we can create everything except the ADX requirement as a single PCF.

V > 250000 AND C > 5 AND C > AVGC200 AND C < AVGC5 - SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 - 5 * AVGC5 ^ 2) / 5) AND C1 < AVGC5.1 - SQR(ABS(C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 - 5 * AVGC5.1 ^ 2) / 5) AND C2 < AVGC5.2 - SQR(ABS(C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 - 5 * AVGC5.2 ^ 2) / 5)

You will need to create the ADX condition by adding it to the chart, clicking on it and selecting Create Scan Condition however.

Create Conditions from Your Chart

You can then add both conditions to the same EasyScan as EasyScan Conditions.

Building a Scan with Multiple Conditions

An EasyScan will return symbols in the List to Scan of the EasyScan which currently meet the requirements of all of its EasyScan Conditions.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
michaelm2136
Posted : Monday, March 24, 2014 6:29:02 PM
Registered User
Joined: 1/13/2014
Posts: 18

Your the best...I hope they pay you a ton

Bruce_L
Posted : Tuesday, March 25, 2014 8:25:39 AM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.