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Profile: drewfalk
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User Name: drewfalk
Groups: Gold User, Member, TeleChart
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Statistics
Joined: Thursday, March 8, 2012
Last Visit: Saturday, May 5, 2012 5:52:34 PM
Number of Posts: 12
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Last 10 Posts
Topic: When in the day to buy for swing or trend trading (not day-trading)?
Posted: Friday, May 4, 2012 7:59:37 PM

Hi clacid and pthegreat - great tidbits, thanks!

Topic: When in the day to buy for swing or trend trading (not day-trading)?
Posted: Thursday, May 3, 2012 4:48:10 PM

Hi P the Great! Thanks for your answer.  How, in general, do you decide what your limit order price should be?

Topic: When in the day to buy for swing or trend trading (not day-trading)?
Posted: Thursday, May 3, 2012 2:15:15 PM

Anyone have a good approach for the best time of the day to enter a buy-order?  I often see prices spike or drop when the market opens, and so I may get a too-high price or a too-low price from my market orders, or my limit orders don't get executed.  

Do most of you enter orders after hours?  Market orders or limit orders?

Or do you buy just before or just after the market opens?

(Please don't answer if you're a novice like me!  :)  )    Thanks!

Topic: Help with PCF
Posted: Sunday, April 29, 2012 7:42:21 PM

 

Hi Bruce- You had shown me the first several pieces of this formula.  I added a few more and they're not working.  Can you straighten me out, please?

.97 * AVGC12 > C AND C > C1 AND C1 < C2 and C2 < C3 AND O < C AND AVGV20 > 100000 AND AVGC60 > 5 AND C > AVGC200

What I want is:

  • Today closed 3% below AVGC12
  • Today was an up day, and the last 3 days were down days
  • Average volume was greater than 100,000
  • Average closing price for the last 60 days was more than $5
  • Today&#39;s close was above the 200-day moving average

I think the first 2 bulleted points are working, but the last 3 are not, or not always.  Thanks for your help!

Topic: New PCF
Posted: Thursday, April 19, 2012 8:23:58 PM

OK, Bruce.  This was a very useful conversation, thanks.  I&#39;ll keep working on my scans.  Many thanks.

Topic: New PCF
Posted: Thursday, April 19, 2012 2:11:23 PM

Hi Bruce-  The Webinar was Targeting the Bottom of a Pullback, on 10/4/2011.  Great talk!   So I&#39;m looking for PCFs that&#39;ll help identify good criteria for an uptrend pullback.  Thanks!

Topic: New PCF
Posted: Friday, April 13, 2012 11:25:17 AM

Hi Bruce-  Good point, thanks!  I got these criteria from one of the Worden webinars, so these must be very popular.  Has anyone already written a PCF for these criteria? Thanks for all  your help!

Topic: New PCF
Posted: Monday, April 9, 2012 1:29:53 PM

Hi-  First of all, thanks for your great answers on my previous questions.  Very helpful.  I&#39;m trying to write a PCF for finding stocks with all of the following:  (1) Strong uptrend  (2) Very recent pullback but not lower than the trend line, and (3) a bullish candlestick pattern.  Has anyone already written a successful PCF for this, or can you please show me how to do this?  Thanks a lot!

Topic: Help with PCF
Posted: Saturday, April 7, 2012 3:57:09 PM

Hi again-  would you please show me how to write the formula for:  

The closing prices of today and the previous 3 days are each less than (the average of the last 12 days times 0.97)  AND

The closing prices of today and the last 3 days are increasing.

Thank you!  And BTW, are there any instructions or a tutorial for writing this language other than what&#39;s in Help under Custom Formula Language?

Topic: standard deviation
Posted: Saturday, April 7, 2012 3:04:47 PM

Hi- could you please show me how to write a custom formula?  I want to scan for prices that  are below an Envelope Channel which is set to a 12-day SMA, 1 period, 3 standard deviations.  Thanks!