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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » LOW AVERAGE VOLUME FOR A MONTH WITH STRONG BOP

LOW AVERAGE VOLUME FOR A MONTH WITH STRONG BOP

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xavier.xavier.salvador

Posted : Tuesday, December 22, 2009 2:30:20 PM

Registered User
Joined: 12/22/2009
Posts: 3

How do I create a search criteria where volume has been below average last month and with strong stong BOP

StockGuy

Posted : Tuesday, December 22, 2009 2:46:46 PM

Administration

Joined: 9/30/2004
Posts: 9,187

What length of time should be used for averaging volume?

Bruce_L

Posted : Tuesday, December 22, 2009 2:49:17 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:

If you are new to TeleChart READ THIS FIRST!

How do you want to define "below average volume"? What do you see as strong BOP?

A Personal Criteria Formula for the Average Volume during the last month being less than the Average Volume during the rest of the year with the current BOP being green might be written as:

How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions

AVGV21 < AVGV231.21 AND BOP > 30

You can use this PCF as an EasyScan Condition to scan a Watchlist for the condition.

Using EasyScan to find stocks that meet your own criteria

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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