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Registered User Joined: 8/7/2012 Posts: 28
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Hi Bruce,
I am trying to apply sequential scans to a watchlist. For example, I start w/ the
RUSSELL 3K. Then apply a prelim scan to return those stocks showing a
specified minimum price, minimum avg 30day volume and minimum 50day
historical volatility. That produces a much smaller watchlist as would be
expected. I would then like to apply a second more specific scan to the
shorter returned watchlist. However, it seems that when I apply that second
scan, it is the original RUSSELL 3K that is scanned and NOT the shorter
watchlist derived from the pre-scan. What is the correct produre for sequential
scanning?
Thanks.
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Registered User Joined: 10/9/2011 Posts: 485
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Run the 1st scan. Once you get the list of symbols, right click and copy all those symbols to a new watchlist.
Open the second scan and where you select the universe of stock to scan, pick the watch list you saved in the earlier step.
Hope that helps.
But if you add the conditions from two of the scans to one scan, won't they produce the same result?
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Registered User Joined: 8/7/2012 Posts: 28
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QUOTE (busterram)
Run the 1st scan. Once you get the list of symbols, right click and copy all those symbols to a new watchlist.
Open the second scan and where you select the universe of stock to scan, pick the watch list you saved in the earlier step.
Hope that helps.
But if you add the conditions from two of the scans to one scan, won't they produce the same result?
Thank you.
Yes, at first glance it would seem like simply coding for all criteria in one scan program
would do just as you said.
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Registered User Joined: 8/7/2012 Posts: 28
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QUOTE (pendletonc)
But if you add the conditions from two of the scans to one scan, won't they produce the same result?
Hi again.
I was developing a plan per D Landry in "The Layman's Guide to Trading Stocks."
I believe he ran a prelim scan once per week that scanned for price, volume
and volatility constraints and then subjected the generated watchlist to more
specific scans daily. Otherwise, yes, i think one program would scan all.
Thanks.
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Registered User Joined: 1/28/2005 Posts: 6,049
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I would think it doesnt matter.
Whatever you have in a scan would only show those stocks where the conditions are all true.
Thanks
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