Just to csarify my prior post, PP should read "Pivot"
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The following formulas (left side) are what Worden is using to calculate the pivot points:
The correct formula for R3 and S3 are shown on the right side. (floor trader pivots)
R3 = High + 2 * (Pivot - Low) R3 = PP + 2* (High - Low)
R2 = Pivot + (High - Low) Ok
R1= (2 * Pivot) - Low Ok
Pivot = (High + Low + Close) /3 Ok
S1 = (2 * Pivot) - High Ok
S2 = Pivot - (High - Low) Ok
S3 = Low - 2 * (High - Pivot) S3 = PP - 2 * (High - Low)
I confirmed it with MyPivots.com and tradestation
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Somehow I deleted the panel (or whatever its called) that was on the left side of my charts.... where it allows you to select Conditions, indicators, etc... how do i get it back?
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What's the diifference between Volume Surge and Volume Spike? I believe Volume Surge is:
100*V / AVGV50 ... shows current bar's Volume % change vs average volume of last 50 bars.
What is the Volume Spike formula? Thanks
JBG
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ooops, correction... I'm looking for the formula & explanation for Volume SPIKE
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Having brain freeze.... what's the diifference between Volume Surge and Volume Spike. I believe Volume Surge is:
100*V / AVGV50 ... shows Volume % increase/decrease on current bar vs average volume of last 50 bars.
And explanation/formula for Volume Surge would be?? .......
thanks, JBG
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I am trying to show Shorts as % of Float as a column in one of my scans. It is a great tool for finding potential short squeeze situations. It is not in the fundamentals list, but Latest Short (Interest Ratio is. The Float and ADV are also available.
This is the formula
(Latest Short interest ratio X ADV) divided by the Float = Shorts as % Float
How do i get this into my scan as a column? Or can i? Any suggestions would be appreciated
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I want an Easy Scan that will show me all stocks that are nearing their 200 day moving average; that are 1% above or below the 200 day MA.
I am looking for good day trading candidates that might be selling off and nearing the 200 day MA (from above) as potential long buys.
Here's what I got so far
on 5 min chart
L < H1 and H1 < H2 and H2 < H3 and (price is dropping in step down pattern)
V > V1 and V1 > V2 (volume is increasing with the sell off)
on Daily chart
AVGV50 > 1000000
Close/last Vs 200 day MA between 99.00 and 101.00 (this is what i need)
Also what would the formula be for those stocks approaching the 200 MA from below (possible short candidtaes). Thank you
JBG
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I asked this before and you did answer, but i find it very strange that under Chart Properties, Edit Price History I can select to show todays OPEN line and also Yesterdays CLOSE line, but not todays high and low lines. If its not available, then I think it should be on the list of future revisions to the program. Thanks
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How do i set an alert for a condition when that condition is true. Right now I have an easy scan that finds all symbols on the S&P500 (or other exchange) for stocks that meet the conditions parameters. What i would like is to go one step further and get an alert as each of those symbols meets the parameters of the scan. Can that be done? ... (obviously I do not know the symbol names in advance)
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