Gold Customer
Joined: 9/26/2010 Posts: 10
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I would like to scan for stocks that do not gap up at all or scenario 2 do not gap up more than 5%
what PDF to use?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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It depends on the particular definition of "gap up" being used. If you are comparing the open to the previous close the not gapping up would be:
O <= C1
And the not gapping up by more than 5% would be:
O <= 1.05 * C1
If you are comparing the low to the previous high, the not gapping up would be:
L <= H1
And the not gapping up more than 5% would be:
L <= 1.05 * H1
If you are comparing the open to the previous, the not gapping up would be:
O <= H1
And the not gapping up more than 5% would be:
O <= 1.05 * H1
Building a Scan with Multiple Conditions (7:29)
Writing Custom Conditions: The Basics (40:36)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
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