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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Trading Gaps

Trading Gaps Rate this Topic:
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BOBLOEB
Posted : Friday, December 29, 2006 8:49:20 PM
Registered User
Joined: 6/12/2005
Posts: 18
 How do I write this in back scanner??

If H>H yesterday then buy the close today
and sell the open tomorrow?

Thanks,

Bob Loeb
(email removed by Moderator)
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diceman
Posted : Friday, December 29, 2006 9:49:08 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
 H>H1 would be:
high > than high yesterday.

Thanks
diceman
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Craig_S
Posted : Saturday, December 30, 2006 6:15:30 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 diceman... please note the request is for BackScanner, not TeleChart.

Bob,

You can add the condition Price vs. Price and set the high 0 bars ago is above the high 1 bars ago.

Set this as your buy condition. BackScanner always buys the open AFTER the buy condition is met. You can add a Trade Stop trade length of 1 and it will sell the open of the day after the sell condition is met. You want to be sure to set your BackScanner (in the settings) to favor exits over entries.
- Craig
Here to Help!
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