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Multiple Time Frame PCFs and Easy Scans Rate this Topic:
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bluerhino
Posted : Friday, March 2, 2007 4:41:49 PM
Registered User
Joined: 3/22/2005
Posts: 11
Hi,

How do I scan for stocks which are below 20 (stochastics)
in both the daily and weekly time frames? Same question for
stocks above 80. My stochastics parameters are 12,3,3. Thanks
a lot.

bluerhino
Bruce_L
Posted : Monday, March 5, 2007 10:25:11 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Assuming a Simple Stochastic, the Daily Formulas would be:

Daily Simple Stochastic SK 12,3 < 20:

STOC12.3 < 20

Daily Simple Stochastic SK 12,3 > 80:

STOC12.3 > 80

Daily Simple Stochastic SD 12,3,3 < 20:

AVG(STOC12.3,3) < 20

Daily Simple Stochastic SD 12,3,3 > 80:

AVG(STOC12.3,3) > 80

The Weekly versions would be:

Weekly Simple Stochastic SK 12,3 < 20:

(STOC12 + STOC12.1.5 + STOC12.1.10) / 3 < 20

Weekly Simple Stochastic SK 12,3 > 80:

(STOC12 + STOC12.1.5 + STOC12.1.10) / 3 > 80

Weekly Simple Stochastic SD 12,3,3 < 20:

(STOC12 + 2 * STOC12.1.5 + 3 * STOC12.1.10 + 2 * STOC12.1.15 + STOC12.1.20) / 9 < 20

Weekly Simple Stochastic SD 12,3,3 > 80:

(STOC12 + 2 * STOC12.1.5 + 3 * STOC12.1.10 + 2 * STOC12.1.15 + STOC12.1.20) / 9 > 80

You may wish to review the following:

Understanding Stochastics
How to create a Personal Criteria Forumula (PCF)
Handy PCF example formulas to help you learn the syntax of PCFs!
Learn how to use the forums: post a new topic, reply, Search existing topics

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
bluerhino
Posted : Monday, March 5, 2007 7:31:27 PM
Registered User
Joined: 3/22/2005
Posts: 11
Thanks Bruce. I appreciate your thorough reply. You've saved me quite a bit of time.

bluerhino
Bruce_L
Posted : Tuesday, March 6, 2007 8:24:11 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Backroads1
Posted : Tuesday, April 17, 2007 2:47:14 PM
Registered User
Joined: 6/20/2006
Posts: 1
Hello, next step for Stochastics scanning, what is the PCF for daily and weekly SK and SD < 20 with SK just turning up through SD? Also SK and SD > 80 and SK just turning down through SD? Both using 12, 3 and 3.

Thank you in advance.

Dwight
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