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Registered User
Joined: 2/10/2006
Posts: 10
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ok, i am having some difficulty after seeing the videos
can you assist?
do i first create a sort and scan condition and then go to the easy scan watch list?
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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I have no idea which videos you watched, or what you're trying to accomplish. If you can clarify, I'm sure we'll be able to help you.
- Doug
Teaching Online!
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Registered User
Joined: 2/10/2006
Posts: 10
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thank you
i am trying to find stocks closing with 12 day rsi's above 78 and below 22 that traded at least 800,000 shares that day and have a share price over $20
i looked a your intro videos
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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Wilder's RSI has two settings: an RSI period and an average period. I assume you want an RSI period of 12. What average period are you using?
- Doug
Teaching Online!
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Registered User
Joined: 2/10/2006
Posts: 10
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i do not know - i am using ask research and it only asks for the day period
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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OK then...we'll assume an average period of 5 (just a number out of the hat). If later you discover what average period you want, just replace the fives with that new number.
You must first create and update a PCF as follows:
High or Low RSI
(RSI12.5 > 78) OR (RSI12.5 < 22)
When you create your EasyScan, you need three conditions:
1. High or Low RSI (which you created above)
2. Volume 1-Day: Condition Type: Value Eliminate values below 8000 (volume is in hundreds).
3. Price Per Share: Condition Type: Value Accept values from 20 to MAX.
Here are two videos that you should watch until you are comfortable with creating/updating PCF's, and creating EasyScans:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
- Doug
Teaching Online!
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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shank,
I gave you a PCF in this post
setting perameters
First, watch this video again:
How to create a Personal Criteria Forumula (PCF)
Then use the formula I gave you to create a new PCF for your RSI condition.
Once you create and calculate this PCF you can then create a new EasyScan.
Limit the price and volume as shown in the below video then add your new PCF criterion that you created.
Here is the video on EasyScan to review again.
Using EasyScan to find stocks that meet your own criteria
1. Create the PCF
2. Createt the EasyScan
- Craig
Here to Help!
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Registered User
Joined: 2/10/2006
Posts: 10
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thank you doug - got knocked off line
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