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Registered User
Joined: 7/7/2009
Posts: 8
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if i have 10 symbols in my watch list how does the backscanner calculate the watchlist equity line? does it allocate everything equally among the 10 symbols?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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My testing would seem to indicate that the WatchList Equity Line in StockFinder 5 is just the average of the Symbol Equity Lines of its components. So one way of thinking about this would be that everything is equally divided amongst the symbols in the WatchList.
-Bruce
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Registered User
Joined: 7/7/2009
Posts: 8
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thanks, is there anyway to confirm how the calculations are being done?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The ? topic explores some attempts at both determining the exact method used and replicating other methods instead.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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