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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - StockFinder 5.0 » Add an entry when Backscanning

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andrepare
Posted : Monday, December 20, 2010 6:47:13 AM
Registered User
Joined: 12/26/2009
Posts: 50
 Hi,
Would like to know if I can add this when backscanning:

Enter at 95% of last close (if low is <= .95 * Price.Last(1))

and how I can do this.

Also, whre can I find info on the Backscanner?

Thanks,
Andre
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Bruce_L
Posted : Monday, December 20, 2010 10:09:12 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 The following video is for StockFinder 4 (BackScanner is set to undergo an overhaul in SF5):

BackScanner Basics

The StockFinder 4 User Manual also has information on BackScanner.

You could create a BackScanner Rule to enter using the following RealCode Condition:

If Price.Low <= .95 * Price.Last(1) Then Pass

But you can only Enter a Trade on the Open, High, Low, Close or midpoint of the Bar specified in the BackScanner Rule. It is not currently possible to enter at an arbitrary Value.
-Bruce
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