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Registered User
Joined: 9/24/2005
Posts: 15
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i need a scan for bottoming and topping tails i will put in the rest
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Have you looked over these PCFs for candles?
Boolean PCFs for Candlestick Patterns
- Craig
Here to Help!
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Registered User
Joined: 9/24/2005
Posts: 15
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i have but the shooting star is not working its not giving me what i want i want a tal after a run up of at least 8 points and price between 30-150 and stocastics over 80 avrg vol 300k or more,
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Describe what makes a daily candle a "topping tail" for me.
Over what period of time do you want the stock to be up 8 points?
What Stoc settings are you using?
- Craig
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Registered User
Joined: 9/24/2005
Posts: 15
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it opens at or near the low and it spikes up and closes at or near the low and the difference between the close and the high is at least 60% of the days range and the
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Registered User
Joined: 9/24/2005
Posts: 15
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i want stoc over 80 on the %K on the value is that the right one
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Over what period do you want the stock to be up 8 points?
What are your Stochastic settings on your chart (period, SK, SD)?
- Craig
Here to Help!
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Registered User
Joined: 9/24/2005
Posts: 15
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at least the last wekkto last 6 weeks
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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...and the Stochastic settings?
- Craig
Here to Help!
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Registered User
Joined: 9/24/2005
Posts: 15
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80-100 value
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I understand where you want the stochastics to be. What I need is WHAT the stochastic settings are for your plotted stochastic indicator on the chart.
I need the values for your PERIOD and the SK PERIOD.
Please watch this short video to see what I mean
Understanding Stochastics
- Craig
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Registered User
Joined: 9/24/2005
Posts: 15
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14 3 3
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Please create the following X PCF formulas:
6-Week Net Move
L-MINL30
Stoc 14 and 3 Today
STOC14.3
Open as % of Range
100*(O-L)/(H-L)
Close as % of Range
100*(C-L)/(H-L)
here is video on how to create a PCF:
How to create a Personal Criteria Forumula (PCF)
Once they are created and calculated, please watch this video
Using EasyScan to find stocks that meet your own criteria
...then build the following EasyScan
WatchList (ALL STOCKS)
Price Per Share (VALUE: 30 to 150)
Volume 90-day (VALUE: 3000 to MAX)
6-Week Net Move (VALUE: 8 to MIN)
Stoc 14 and 3 Today (VALUE: 80 to MAX)
Open as % of Range (VALUE: MIN to 40)
Close as % of Range (VALUE: MIN to 40)
- Craig
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Registered User
Joined: 9/24/2005
Posts: 15
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IS THAT AT LEAST A 60% TAIL ALSO DO YOU HAVE A GORMULA FOR A SHOOTING STAR I THINK IT IS THS SAME AS 60 PERCENT
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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If you create the above PCFs and build the EasyScan as I direct above you will end up with only stocks where the following things are true:
The stock price will be between $30 and $150
The avg volume for the past 90 days will be at least 300,000
The stock will have moved at least 8 dollars in the last 30 trading days
The stochastics of 14 and 3 will be 80 or above
Both the open and the close of today will be in the bottom 40% of todays range (making the "tail" above the body at least 60% of the total range)
Please watch the two videos I linked then make and calculate each of the PCFs. You can then make the EasyScan and you can then check the results.
- Craig
Here to Help!
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