have you got anything for a scan that would look at trends that become broken and then have a retest

Thank you Ed

Think about how you want to define "trend", "become broken" and "retest".

The very first step in identifying a pattern using a computer is coming up with a specific unambiguous objective definition of what you are trying to find.

Creating Scan and Sort Conditions
Personal Criteria Formula Conditions

Hey ole' Bruce L  your reply won't open up, says will notify adminstrators

Can you just repost " easy scan design for b/o & bouncers please

Thanks, Ed

I've switched the response to contain more general videos on how to create Conditions in TC2000 version 12.2. The core point remains however. You need to come up with a good definition of what you are attempting to identify before you can do so using a computer.

What could you test about a symbols with "trends that become broken and then have a retest" which would not be true of other symbols?

Hi Bruce L

Lets use an uptrend for the example-stock is up trending-stalls-kinda goes sideways or even slightly downhill-maybe 5 to 10% but then stops more or less at the bottom of the wicks where it begain the sideways or downhill move-this could take several days or even weeks-then breaks out and moves above the highs of where it started the sideways or down hill slide.

Another version of this could be-has done the above-now breaks down again and retreats back to the approxiamte level of the prior down trend but then breaks out for the second time and clears the former high and proceeds to form a continuation of the uptrend

Thanks, Ed

I suspect it isn't going to be possible because of the downmove having such a large variation in how long it can take (several days or even weeks). We would have to explicitly test each combination indivdually within the formula and OR the results together. This would almost certainly result in a Condition Formula which is too long to be practical or post in the forums.

We also haven't actually defined an uptrend. You know what an uptrend looks like, but what makes it a trend? Does it just have to have a positive linear regression slope and net change or something else? If it is just a positive linear regression slope and net change, over what period? Do we have to similar percent changes from bar to bar over the entire period of the uptrend? How much variation is allowed before it no longer qualifies?