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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » writing a pcf for bouning off a low

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essoteric
Posted : Friday, November 24, 2006 12:14:10 PM
Registered User
Joined: 12/22/2004
Posts: 10
 I wrote the following PCF: (MINL250<=0.5*MAXH250) AND C>1.1*MINL250. The purpose of this PCF is to find stocks that are atleast 50% below their high of the year but have bounced of the low. I then put this PCF in an easyscan. I was surprised to find stocks such as AEOS and AKAM, which are at 50 week highs. What did I do wrong?

Thanks


Tariq Osman
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Craig_S
Posted : Friday, November 24, 2006 12:22:10 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 Based on what you said above:
QUOTE
to find stocks that are at least 50% below their high of the year but have bounced of the low


Try this:

C<MAXH250*.5 AND C<MINL250*1.1 AND MINL21=MINL250 AND L>MINL21

This will find stocks:
- less than 50% of their 1-year high
- No more than 1.1% the value of their 1-year low
- Hit their 1-year low in the last 21 days BUT today is not the low

Here are some example stocks found:

APOL
OSTK
NWRE

- Craig
Here to Help!
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