Registered User
Joined: 5/6/2005
Posts: 7
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HI Hemik
I would like to know is their an easyscan or Pcf
to find stocks basing in 8 weeek cup and handle
Pattern. Please Help.
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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This is a difficult request, primarily because C+H patterns are not all that common, and scanning for them requires references to specific time frames within the pattern. Also, the requirement of certain volume relationships further complicates things. My suggestion is to build a scan that finds stocks that you consider tradable for other reasons, to narrow down your universe of stocks to a manageable number. Then, do a search of these forums using the word cup...and you'll find several links that discuss this topic that may give you some further ideas on what you might try.
- Doug
Teaching Online!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You may want to read through the following topics:
Cup with a handle formation
PCF for cup with a handle
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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