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Registered User
Joined: 3/28/2005
Posts: 23
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In Telechart I would look for stocks in which each of the past 2 days had lower closing highs than their prior day. Is there a way for me to do this with Blocks without using RealCode? If not can you guys give me a template to build such a scan.
Thanks, Doug
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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One way to do this without RealCode would be:
- Select Indicators | Max or Min of Line | Price History.
- Left-click on the Max or Min of Line Indicator to bring up QuickEdit and use the following settings:
-- Offset: 0
-- Period: 1
-- Element: Bar High
-- Max or Min: Doesn't matter (because the Period is 1).
- Right-click on the Max or Min of Line Indicator and select Create Condition with the following settings:
-- Maximum, High, 1
-- Moving Down
-- Move Period: 1
-- Rangefinder: All the way to the top.
-- Options
--- True: 2
--- Of: 2
--- Measure Type: Smart
You can Drag the resulting Condition to the Filter, use it as a Watchlist Light (and sort by the Light), Plot it on the Chart or use it as a BackScanner Condition (assuming you have BackScanner).
I actually think it is easier to do using RealCode than Drag and Drop however (at least the description is shorter):
- Select RealCode Editor | Condition.
- Give the Conditian a Name and select OK.
- Paste the following into the RealCode Editor and select Apply:
If Price.High < Price.High(1) And _
Price.High(1) < Price.High(2) Then Pass
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 3/28/2005
Posts: 23
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Thanks Bruce...I appreciate the assistance on this.
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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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