• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Using stochastics to buy on weakness - Telechart

Using stochastics to buy on weakness - Telechart Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
robmelbye
Posted : Wednesday, August 22, 2007 3:47:20 PM
Registered User
Joined: 11/9/2004
Posts: 19
 I want a scan that would show me an oversold condition for a stock over the last month (22 trading days). Oversold would be a stochastics that is under 18 .

How would I get those stocks if stochastics under 18 where settings are 22 20 10.

Rob
Back to top
StockGuy
Posted : Wednesday, August 22, 2007 4:08:05 PM

Administration

Joined: 9/30/2004
Posts: 9,187
 See if this works for you:

AVG(STOC22.20,22) < 18
Back to top
Craig_S
Posted : Wednesday, August 22, 2007 4:10:28 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 Another one to try is:

MAX(STOC22.20,22)<18
- Craig
Here to Help!
Back to top
bustermu
Posted : Wednesday, August 22, 2007 5:04:50 PM
Registered User
Joined: 1/1/2005
Posts: 2,645
 Another one to try is:

MIN(STOC22.20,22)<18

and an infinity of others.

You need to indicate something about what has to happen concerning the oversold condition over the 22 days to stop this.

Thanks,
Jim Murphy
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.