Registered User
Joined: 3/28/2005
Posts: 3
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Hi.
How do I eliminate large gapper stocks in a scan. I know that eliminating thinly traded stocks is one way. Are there others?
thanks,
realword
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If you are talking about eliminating stocks that have gapped from an EasyScan, you could use a Personal Criteria Formula like the following as an EasyScan Condition:
NOT(L > H1 OR H < L1)
This can be adjusted to a specific dollar range as follows (the following is for $0.50):
NOT(L - H1 > .5 OR H - L1 > .5)
You could do this as a percentage as well (the following is 10%):
NOT(L / H1 > 1.1 OR H / L1 > 1.1)
If you are talking about a way to predict if a symbol is going to gap or not, I cannot say. The trainers cannot give settings, interpretation or investment advice.
You may wish to review the following:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 3/28/2005
Posts: 3
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Bruce:
Thanks. The third PCF is exactly what I wanted.
realword
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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