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Registered User
Joined: 3/15/2006
Posts: 15
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I'm building a custom indicator (percent true indicator) so that I can scan for certain candle stick conditions intraday using real-time data. When I go to sort, it gives me the option of sorting for the top "X" items in current list, where "X" is a number less than 200. So here are my questions:
1) Does the "current list" mean the watch list I happen to have up?
2) What does it exactly mean to sort the top X number of a list? Does it just simply mean, say, take the first 200 stocks in the list and do the custom indicator scan on them (regardless of how those stocks happen to be ranked in that list) and ignore all the other symbols?
3) If i'm scanning for real-time candlestick conditions, I noticed that I also keep getting all the stocks that previously had a candle buy or sell signal. i.e. the stocks that show up in the custom sort or scan are not only those that are currently displaying the signal, but also all of those that have displayed it in the visual screen. Is there any way to only scan or sort for the stocks currently displaying the signal?
Thank you,
Ziad
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Registered User
Joined: 3/15/2006
Posts: 15
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I'm a platinum customer by the way. I don't know why it still showed up as Gold.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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1) Yes
2) Yes. It will sort tickers 1 through 200 and ignore 201 and down.
3) If your PCF is correct it will spike to 100 everytime on the chart that the conditions are met. If you sort by the indicator's ACTUAL VALUE you will find all that are at 100 at the top of the list. These are the stocks that are TRUE for your formula. Are you trying to find ones that were also true in the past?
- Craig
Here to Help!
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Registered User
Joined: 3/15/2006
Posts: 15
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Ok I see your point that it will only return the ones that are true right now.
But come to think of it, I would like to see the ones that are true currently, and one bar before. The reason why I want one bar before too is because if it happens that I do the scan when a new bar is forming (say a new 5 minute bar) then I'll miss the formations that have just formed, which are more important since they are completed patterns while the new ones are still just forming.
Is that possible to do?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Try this.
Click on the EDIT button on your chart.
Click the PLUS + next to your custom percent true indicator.
Add a 2 period SIMPLE moving average to the indicator.
Do your sorts on the resulting moving average. Use ACTUAL values when you do the sort.
100 means it happened on the recent bar and the one before.
50 means it happened on one of the two bars
0 means it happened on neither bar
- Craig
Here to Help!
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Registered User
Joined: 3/15/2006
Posts: 15
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Well that's quite smart :) It worked....
Thanks a lot for your help!
And I have to say that your quick service is excellent and very helpful.
Thanks again...
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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My pleasure!
- Craig
Here to Help!
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Administration
Joined: 9/30/2004
Posts: 9,187
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QUOTE (Ziad) I'm a platinum customer by the way. I don't know why it still showed up as Gold.
Looks like you just converted to Platinum today. The forum database will pick up the status change tonight and tomorrow you will show up as a Platinum member.
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Registered User
Joined: 3/15/2006
Posts: 15
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oh ok.... thanks about that explanation too.
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