Registered User Joined: 9/12/2005 Posts: 9
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I am new to TC2005 as well as doing technical analysis. I recently read somewhere about doing stock scans that look for stocks that are retraced from or at its 52 weeks high.
I'd like to configure some PCF so I can adjust such parameters as Fibonacci Retracement level, and time frame. I'm sure that there might be more to fine tune, but I just don't know where to begin.
Your help is greatly appreciated. Thanks in advance.
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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There are a few things you can check out...
You should enjoy this video:
Fibonacci Retracement Levels
You can also create this PCF:
New high in last month:
MAXH21=MAXH271
After a you create and calculate this PCF make a new EasyScan with the folling conditions/limits:
New High in Last Month (no limits, this is Boolean) Price Percent Change 1-Month (MIN to 0) Price Per Share (limit based on your price limits) Volume 90-day (limit based on your liquidity/volume requirements)
Here a few videos to check out as well.
How to create a Personal Criteria Forumula (PCF)
Create your own stock rankings using WatchLists and Sort conditions
Using EasyScan to find stocks that meet your own criteria
- Craig Here to Help!
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