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Registered User
Joined: 7/17/2006
Posts: 30
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Hello I'm trying to figure out how to channel sort within a certain price range. Say I want all stocks that have a 20% difference between the support and resistance levels at a certain price. I know how to sort by price however I'm not sure how to link everything up in a channel sort or easyscan that will do all of the above. So not to confuse you I'll list exactly how I'm trying to sort.
By price
By a 20% difference between the support and resistance
I would greatly appreciate some advice here.
Sincerely,
ebh
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Registered User
Joined: 7/17/2006
Posts: 30
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Also I misplaced my notes on how to find the definitions of chart template items.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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By price is easy (watch how it is done in the EasyScan video below).
We have to define the time period to scan for a certain difference between the highest high and lowest low. Below are a few PCFs to try:
1-week Range
100*MAXH5/MINL5
1-month Range
100*MAXH21/MINL21
3-month Range
100*MAXH63/MINL63
26-week Range
100*MAXH125/MINL125
Regardless of which you use, you can create the following EasyScan once your PCF is created and calculated.
WatchList (ALL STOCKS)
Price Per Share (limit based on your trading)
Volume 90-day (limit based on your trading)
Whatever PCF Range you Pick (Value: 120 to MAX)
Save your EasyScan and enjoy the resulting WatchList of stocks that fit your conditions.
Here are two videos to review: How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
- Craig
Here to Help!
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Registered User
Joined: 7/17/2006
Posts: 30
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Greatly Appreciated, have an outstanding day.
ebh
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You do the same.
- Craig
Here to Help!
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