Bruce:
Pullback is assumed with a short sharp 35% move over just a few days...I didn't want to box it in by requiring current price to be lower than that pivot high-thus the reason for allowing strong consolidation after the spike to take the price higher than the original spike with this part of the formula:
AND C < 1.15*MAXH2.1
Yes, I don't know how I missed that space after looking at it 10X...yikes! But much better scan now-only 19 showed up and several look good!
Thanks for your help with this...
Does V19 highlight any mistakes in PCF code before I embed it in a scan?
Paul
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Hi-I'm getting all kinds of junk showing up in this scan that shouldn't be there (45 stocks...some under $2...etc-list below)
https://www.screencast.com/t/mJaSelqo6Zz
C > 2 AND C < 12 AND AVGV30 > 500 AND C < (1.15*MAXH2.1) AND MAXH 2.1 > MAXH2.4 AND MAXH2.1 > 1.35*MINL5.2
I either have a part of this formula out of kilter or I have some broken data...basically trying to scan for stocks between $2-$12 that in the last 1-5 days broke out for a 35% gain off of the lows and is in a pullback from that initial spike (though am allowing the following few days to consolidate in a bull flag up to about 15% greater than the original spike...
Many of these are not even close to filling the bill:
ABIO
ACHV
ADOM
APDN
ARCW
BLNKW
BRACR
CFMS
CIFS
CLRBZ
CLSD
ESNC
EYESW
FCEL
FPAYW
FTNW
GLOW
GTXI
HK.WS
IDEX
IGLD
IMDZ
INFI
JSYNW
KOPN
MARA
NLNK
NTZ
NXTDW
OPGNW
OTLKW
OXBRW
PED
PIR
PTX
ROSEW
SKYS
SQNS
SRTSW
TIBRW
TRCH
TWLVR
WHLRW
YRIV
ZOM
Thanks for any help
Paul L
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Is the ability to scan for OTC stocks unavailable in Version 7?
Paul
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Bruce that worked great! Thanks for your help!
Paul
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Stockguy-I would think that whereever the channel width falls based on a 5 MA based on highs and 5 MA based on lows-I guess I would want the natural width and not a deviation...
Paul
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Bruce:
I'm using TC 2007 version and I don't see an option for setting that up in the indicator window: https://www.screencast.com/t/hJ2ZUpP87rB3
Are you referring to the web version 12?
Thanks!
Paul
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I was unable to find an actual formula in the forum for a moving average channel of the highs and lows for a 5 SMA..
And there is apparently no way to do it in the indicator window..
Can someone please point me to a solution for this? Thanks
Paul
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Yep 7 on the scan today-it worked...much appreciated!!
Paul
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Thanks Bruce-I tried that-zero stocks came up-probably because the market cratered today...I'll try it again next week...thanks for your help!
Paul
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Although I viewed the Rate of Change threads I didn't see how to actually write one that would do this:
-After for example 25 bars below the 11 MA it crosses on current bar:
https://www.screencast.com/t/ysNQpLpog
Thanks for any help!
Paul
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