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Registered User
Joined: 12/17/2004
Posts: 32
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The only web library backscans that I see are:
Cup % Handle and Top Stock in top Industry.
Are there any others?
In an email I received about mid-April I was told that Worden is working on new pre-made scans and some additional training videos. Has any of this happened yet?
Thanks,
John "O"
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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There are only two BackScans in the Web Library, but they are Long Term W Bottom and Market Flush with Volume Scan (more are available in the forums). That said, there are over 100 BackScan Conditions available in the Web Library that can be used to create your own BackScans (more are available in the forums).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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johno,
It sounds like you downloaded those BackScan conditions from one of my class notes posts. I think you were looking at the conditions on your computer, not the web library.
- Craig
Here to Help!
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 Gold Customer
Joined: 10/7/2004
Posts: 50
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At the Las Vegas meeting, Craig stressed that trainers would help us set up backscans, hence enrich your backscan library. I submitted one a day or so ago hoping it would make you list. It is essentially a relative strength rotation scan: take a watch list, scan for the strongest over say the last 2 weeks, buy the top one if it is above its 10 DMA, then sell when it falls below its 10 DMA. Add the new stock weekly.
Thanks, Gary
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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glmus,
The BackScan requested in Ranking is problematic using the current Blocks and features available in Blocks Player. You can review that topic for more details on the issues involved.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/17/2004
Posts: 32
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Sorry I didn't get back to this earlier. There are four backscans in my system; two in web library and two in my computer which I probably did download from one of Craig's classes.
Bruce,
In one of the questions I had some time ago you quckly designed what you called at that time a "Universal Compare" scan condition. At that time you mentioned that it was not fully tested. Is this indicator officially available yet? It seemed like such a flexible indicator.
Thanks - JohnO
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