Registered User
Joined: 12/11/2004
Posts: 17
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Maybe you can help me. I notice that some questions that are posted get answered right away, while others may sit for several days before being responded to or not responded to at all. Can you tell me what criteria are used in deciding what questions to answer?
Thanks in advance for your response.
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Administration
Joined: 9/30/2004
Posts: 9,187
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We answer all questions. But at the end of last week, most of the trainers were on the road at classes and another was out sick. We apologize for the delay. But it looks like a helpful customer stepped in on Saturday to answer your original question:
Envelopes & Channels
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Registered User
Joined: 12/11/2004
Posts: 17
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His post was most helpful, and I have developed a scan, but it is not doing what I want it to. I will play with it some more and post another question if I cannot get it to work.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Please do. If a customer answers a post and we trainers have nothing to add, we will often not post. If you need us specifically, please let us know.
- Craig
Here to Help!
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Registered User
Joined: 12/11/2004
Posts: 17
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Okay, I give up and maybe you can fix this for me. I want to find stocks that have been trending up in a channel say for 130 days. The stock then scores a 250 day high (five days ago) and breaks out of the channel on at least 50% increase in volume. What the formulas below are giving are not stocks hitting 52 week highs. The formulas I am using are as follows:
(H 5) >= MAXH250
AVGC30 / AVGC30.30
V5 >= AVGV5
(MAXH60 - MINL60) / (AVGH60 - AVGL60) * 100
Thanks in advance for the help.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You first formula has bad syntax (the space between H and 5)
Here are a few formulas to explore
High is highest high in 252 days
H=MAXH252
High is higher than previous 251 highs
H>MAXH251.1
Here is a post to keep handy: Handy PCF example formulas to help you learn the syntax of PCFs!
- Craig
Here to Help!
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Registered User
Joined: 12/11/2004
Posts: 17
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Thanks for the response. I tried the two formulas, but I am getting a false return. What am I missing?
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Registered User
Joined: 1/28/2005
Posts: 6,049
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False is OK.
It means it is false for the
test symbol.
Thanks
diceman
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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False is not an error message. Add the PCF to an EasyScan to find the stock's that are TRUE for the condition.
- Craig
Here to Help!
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Registered User
Joined: 12/11/2004
Posts: 17
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Thanks to the both of you.
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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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Registered User
Joined: 12/11/2004
Posts: 17
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Still having problems with a PCF finding a new high, five days ago. I am using H5>MAXH250. It is coming back "true" for SLR, even though the high for the previous five days was around $3.25 and the high within approximately 250 days is up around $4.25. The test result is 3.26 5.00 > 4.13. So I am not doing something right. Can you help? Thanks.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You have a space between the H and the 5 in your formula (as I mention above).
Use this:
H5=MAXH250.5
- Craig
Here to Help!
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Registered User
Joined: 12/11/2004
Posts: 17
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In the equation you gave me in the last post what does the "5" after MAXH250.5 stamd for and is the H5 correctly interpreted has the high five days ago. The use of two "fives" is confusing to me. Thanks.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Have you had a chance to look at the syntax post I linked for you above?
H5
The high 5 days ago
MAXH250.5
The highest high for 250 days as of 5 days ago
Do you want the H5 to be the highest high when it happened OR the highest high INCLUDING the four bars after it?
- Craig
Here to Help!
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Registered User
Joined: 12/11/2004
Posts: 17
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Yes I did, and obviously did not make the translation. Also note that in the post today I did not have a space between the H and the 5 (H5>MAXH250), and this was the equation in my scan.
Thanks for the help.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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The test info you gave above:
QUOTEThe test result is 3.26 5.00 > 4.13
indicated to me there was a space between the H and the 5. Note it gave the value of the high (3.26) then gave the value 5 (5.00).
Is everything working now for you?
- Craig
Here to Help!
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Registered User
Joined: 12/11/2004
Posts: 17
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Thanks for getting back to me. I need to work with the whole system a bit more, but I think we are almost there.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Great news. Let me know when you have another question. You know where to find me!
- Craig
Here to Help!
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Registered User
Joined: 10/7/2004
Posts: 4
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Craig -
In your presentation/training recently in Phoenix, you made a passing reference to an article in "Stocks & Commodities" magazine, but weren't able to identify the title and guessed at the date as being near the first of the year/Christmas. You used the article as an example for getting the syntax and order of procedures to be able to get the "one" and needed correct answer to a programming task with blocks. I have looked through the issues from about October to January but haven't been able to decide, without some additional clues, as to which article that might have been. Now that you are at home and have your references, can you pass on an additional clue or two as to which issue and article that was?
Thank you for your great presentation. It was the best!
Ron E
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