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Registered User
Joined: 3/30/2005
Posts: 73
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Hey guys is there a quick and easy way to set up a PCF that I can use in an easy scan to find a weekly price bar where the low of the current week is higher than the high of the previous week in the case of an upgap.
And where the high of the current week is lower than the low of the previous week in the case of a down gap.
I am looking for stocks that have made a gap in price on a monday for example, and have not violated that gap for the rest of the week.
thanks alot!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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QUOTE (porrada) Hey guys is there a quick and easy way to set up a PCF that I can use in an easy scan to find a weekly price bar where the low of the current week is higher than the high of the previous week in the case of an upgap.
Please try the following Personal Criteria Formula:
MINL5 > MAXH5.5
QUOTE (porrada) And where the high of the current week is lower than the low of the previous week in the case of a down gap.
Please try the following Personal Criteria Formula:
MAXH5 < MINL5.5
QUOTE (porrada) I am looking for stocks that have made a gap in price on a monday for example, and have not violated that gap for the rest of the week.
I do not know of a practical automated method of doing this on a calendar week basis. The Weekly Bars in TeleChart are rolling 5-Trading Day Bars.
You may wish to review the following:
How to create a Personal Criteria Forumula (PCF)
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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Registered User
Joined: 3/30/2005
Posts: 73
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thanks very much Bruce..!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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