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Charts that are trading sideways for awhile Rate this Topic:
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greenawalt
Posted : Friday, September 18, 2009 1:03:44 PM
Gold Customer Gold Customer

Joined: 1/6/2005
Posts: 19
Would like to get sent a past topic on or get help on building a scan for companies that have charts that have sat in a tight trading range for a period of time ie, 6-9 months. Lets say a range of 20%-thx
Bruce_L
Posted : Friday, September 18, 2009 1:22:53 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Please try using the following Personal Criteria Formula as an EasyScan Condition to identify symbols that have been trading within a 20% Range for at least six months:

MAXH126 / MINL126 <= 1.2

You may wish to review the following:

Scan for stocks bouncing in a lateral channel
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
EasyScan Design for Breakouts and Bouncers
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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