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ltharris64
 Posted : Sunday, April 9, 2017 1:21:20 PM
Registered User
Joined: 9/19/2010
Posts: 29

Curious if anyone can assist in a scan for buyable Gap-Ups that fit the following criteria ? Thanks in advance

• The gap-up is significant. Numerically, it should be at least 0.75 times the 40-day average true range.
• The volume should be at least 150% of the 50-day moving average of the volume.

Bruce_L
 Posted : Monday, April 10, 2017 10:31:16 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

If the gap up is between the previous close and previous open, then you could use the following Condition Formula in TC2000 v17.

O >= C1 + .75 * ATR40.1 AND V >= 1.5 * AVGV50

You would need to change the C to an H if the gap up is versus the previous high instead.

O >= H1 + .75 * ATR40.1 AND V >= 1.5 * AVGV50

-Bruce
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ltharris64
 Posted : Tuesday, April 11, 2017 3:35:05 PM
Registered User
Joined: 9/19/2010
Posts: 29

Thank you Bruce

carlossundlov
 Posted : Monday, May 1, 2017 8:43:54 AM
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Joined: 11/19/2014
Posts: 1

gaps

gap up = low is greater than previous bar high full gap up

gap down = High is less than previous bar low

open gap up = open is greater than previous bar high (partical gap up)

open gap down = open is less than previuos bar low

common gap = a gap the is generally filled

continuation gap = a gap in the trend also called run away or measuring gap

breakaway gap = a gap from consolidation

Exhausting gap = a reversal gap

if you can make formulas for me according the above list

StockGuy
 Posted : Monday, May 1, 2017 10:10:51 AM

Joined: 9/30/2004
Posts: 9,187

gap up = low is greater than previous bar high full gap up

L > H1

gap down = High is less than previous bar low

H < L1

open gap up = open is greater than previous bar high (partical gap up)

O > H1

open gap down = open is less than previuos bar low

O < L1

...Not sure about the ones below. Will need more details.

common gap = a gap the is generally filled

continuation gap = a gap in the trend also called run away or measuring gap

breakaway gap = a gap from consolidation

Exhausting gap = a reversal gap

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