Bruce or other TC2000 expert:

I posted this in an existing post but wasn't sure if you would see it or not so now posting as a new post. I am wondering if you can help create a scan based on several indicators. The last indicator would combine three indicators into one. I don't think either of the three would be particularly difficult for you except that they are based on Wilder RSI which I think makes things more complicated. This is what I need to create:

1. c>5.00

2. xavgvol21>1,000,000

3. avgadx10>30

4. L=< .92c1

5. C=< ((C-L) / (H-L)) *0.10 (This is supposed to be close in bottom 10% of day's range)

6. The part that gets complicated for me is combining the next three indicators A, B & C into one indicator...

A. Momentum using: WRSI(3)

B. Trend duratiion: 

Period   Close price    Duration

1            $20                            -

2            $20.50                      1

3           $20.75                       2

4           $19.75                     -1

5          $19.50                      -2

6         $19.35                      -3

7         $19.35                       0

8        $19.40                       1

Take the above measurement of trend duration and apply WRSI(2) to that data

C. Finally, Magnitude of Price Change: 

c= $81.60   c1= $80 so ($81.60-$80.00)/$80.00= 15% = one day return. Compare today's one day return to return of past 100 days' one day returns. Assume 3 of those days are less than 15% (today's one day percent return) then 3/100 = 0.03 or 3%

Take all three indicators and divide: Assume: RSI(3) =10, RSI(2)of trend duration = 8 and Magnitude of Price Change = 3.....so (10+8+3)/3 = 7. If the average of the three indicators < 15 and the rest of the conditions above are met it signals a buy.

Is there anyway you can write something like this?

Thanks Phil

Items 1, 2, 4 and 5 can be checked for using the following Condition Formula:

C > 5 AND XAVGV21 > 1000000 AND L >= .92 * C1 AND STOC1 <= 10

Personal Criteria Formula Conditions
Understanding Stochastics
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!

Item 3 would need to be created by adding the ADX and its moving average to the chart.

Adding Indicators
Customizing Indicators

And clicking on the moving average indicator and selecting Create Scan Condition.

Creating Scan and Sort Conditions

I cannot help you with item 6 as I do not know of a way to create a Help with combining indicators for a scan indicator in TC2000 in a way that would be short or quick enough to be practical or post in the forums.

The rest of your Conditions could be added to the same EasyScan as EasyScan Conditions to identify symbols in the List to Scan which met all of those Conditions.

EasyScan Basics
EasyScan Expanded