Thank you, Diceman

Dear Trainers,

I created a pcf trying to find stocks that are in a downtrend and have gone up the past 7 days with lower volume comparing to the avg volume of the last 21 days before the 7 day rally.  Can you tell me if I have written this pcf correctly

AVGV7<AVGV21.7

thanks,

james

Dear Trainers,

I created a pcf trying to find stocks that are in a downtrend and have gone up the past 7 days with lower volume comparing to the avg volume of the last 21 days before the 7 day rally.  Can you tell me if I have written this pcf correctly

AVGV7<AVGV21.7

thanks,

james

Dear Bruce,

A PERSONAL Criteria Formula for price being more than 1 standard deviation below its 21-period linear regression line on a monthly chart can be written as follows.

C < ((C + C21 + C42 + C63 + C84 + C105 + C126 + C147 + C168 + C189 + C210 + C231 + C252 + C273 + C294 + C315 + C336 + C357 + C378 + C399 + C420) / 21) + 10 * (10 * (C - C420) + 9 * (C21 - C399) + 8 * (C42 - C378) + 7 * (C63 - C357) + 6 * (C84 - C336) + 5 * (C105 - C315) + 4 * (C126 - C294) + 3 * (C147 - C273) + 2 * (C168 - C252) + C189 - C231) / 770 - SQR(ABS(C ^ 2 + C21 ^ 2 + C42 ^ 2 + C63 ^ 2 + C84 ^ 2 + C105 ^ 2 + C126 ^ 2 + C147 ^ 2 + C168 ^ 2 + C189 ^ 2 + C210 ^ 2 + C231 ^ 2 + C252 ^ 2 + C273 ^ 2 + C294 ^ 2 + C315 ^ 2 + C336 ^ 2 + C357 ^ 2 + C378 ^ 2 + C399 ^ 2 + C420 ^ 2 - 21 * ((C + C21 + C42 + C63 + C84 + C105 + C126 + C147 + C168 + C189 + C210 + C231 + C252 + C273 + C294 + C315 + C336 + C357 + C378 + C399 + C420) / 21) ^ 2) / 21)

I tested this pcf, but it does not give me the results i wanted.  

I was hoping to find stocks (like COH and LULU) that are close to or at their multi-year low and are below their Linear regression lower channel(100,0,20) on weekly and monthly charts (since tc2000 does not have standard deviation channel that can be plotted on a chart)

Thanks Bruce for taking the time to look into this subject, guess its too difficult to write pcfs on Linear Regression Lines.  

Dear Trainer,

I use thinkorswim charting service in addition to tc2000.  I use its StandardDevChannel and LinearRegCh100 on Monthly chart to spot stocks have have been way oversold.  

I tried to find their setting on thinkorswim. for StandardDevChannel, its settings are 1 standard deviation and its length is 21 months.  for LinearRegChannel, there is no setting values i was able to find other than it is using monthly close price for its calculations.

I wonder if it is possible to write two pcfs,  one to find stocks that are trading below its monthly lower linear regression channel 100 and to find stocks that are trading below their monthly lower standard deviation channel.  

I understand it is probably very difficult or take too much calculations to do the pcfs.  However, I do not need them to be that exact.  are there ways to write simple pcfs which will find stocks below the two channels that might produce similar results?

Thank you for your time,

james

Thank you, Bruce

thanks Bruce

Dear Trainers,

I have a daily Bollinger Band Squeeze < 6% PCF

4 * SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 - 20 * AVGC20 ^ 2) / 20) / AVGC20 < .06

Is it possible that you can also make it a weekly?

Thanks

james