Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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These are some resources for those interested in this Worden Report.
He mentions using the Custom Date Sort tool. Here are some videos that showcase this feature:
Sorting Stocks by their Absolute or Relative Performance
Industries With Consistent Performance over Specific Time Periods
Uncover the stocks driving the strongest industry groups
Identify sectors gaining momentum over the past few months
He then talks about using several indicators. It is not clear in the report exactly how he uses these indicators or exactly what he is looking for. I've provided a list of PCFs below to try out. Be careful using too many of these in the same EasyScan; you will quickly end up with zero stocks found.
It is clear in the report that he looks for these indicator conditions on the charts more than he scans for them all happening in the same day.
This PCF will find the 4sma crossing up through the 8sma:
AVGC4>AVGC8 AND AVGC4.1<AVGC8.1
This PCF will find price breaking out (crossing) the 22sma:
C>AVGC22 AND C1<AVGC22.1
This PCF will find price breaking out (crossing) the 50sma:
C>AVGC50 AND C1<AVGC50.1
This PCF will find stocks above their 22 and 50sma
C>AVGC22 AND C>AVGC50
This PCF will find stocks above both averages for all of the past 10 days
(C>AVGC22 AND C>AVGC50) AND (C1>AVGC22.1 AND C1>AVGC50.1)AND (C2>AVGC22.2 AND C2>AVGC50.2)AND (C3>AVGC22.3 AND C3>AVGC50.3)AND (C4>AVGC22.4 AND C4>AVGC50.4)AND (C5>AVGC22.5 AND C5>AVGC50.5)AND (C6>AVGC22.6 AND C6>AVGC50.6)AND (C7>AVGC22.7 AND C7>AVGC50.7)AND (C8>AVGC22.8 AND C8>AVGC50.8)AND (C9>AVGC22.9 AND C9>AVGC50.9)
This PCF will find the 14/3/3 Stoc crossing its own avg:
STOC14.3>AVG(STOC14.3,3) AND STOC14.3.1<AVG(STOC14.3.1,3)
This PCF will find the 14/3/3 Stoc crossing up through the 20
STOC14.3>=20 AND STOC14.3.1<20
This PCF will find the MACD 12/26/9 crossing up through its own avg:
(AVGC12-AVGC26)>(AVG(AVGC12,9)-AVG(AVGC26,9)) AND (AVGC12.1-AVGC26.1)<(AVG(AVGC12.1,9)-AVG(AVGC26.1,9))
This PCF will find price breaking out to a new 40-day high:
H>MAXH39.1
This PCF will find the volume today above the 50-day avg volume:
V>AVGV50
Here are some videos to review if you are new to EasyScans or PCFs
Using EasyScan to find stocks that meet your own criteria
How to create a Personal Criteria Forumula (PCF)
- Craig
Here to Help!
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Registered User
Joined: 12/2/2004
Posts: 15
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Thank you for your help. I will study the following links and hopefully be able to help someone else in the future.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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My pleasure!
- Craig
Here to Help!
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