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Registered User
Joined: 12/15/2004
Posts: 81
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Hi There,
My dislyxia is mesning me up on this scan....for pfc...
I would like a scan for when the 20, 50 and 200 day moving averages meet.
This is not a bullish or bearish reqquirement, just when they meet at any price.
Thanks
Loyal and faithful TC-2000 client !
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Try sorting any WatchList by this condition in ASCENDING order:
100*(ABS(AVGC20-AVGC50) +ABS(AVGC20-AVGC200) +ABS(AVGC50-AVGC200) +ABS(C-AVGC20) +ABS(C-AVGC50) +ABS(C-AVGC200))/AVGC200
Here are two videos to review: How to create a Personal Criteria Forumula (PCF)
Create your own stock rankings using WatchLists and Sort conditions
- Craig
Here to Help!
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Registered User
Joined: 1/1/2005
Posts: 2,645
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Craig,
The PCF could return a large number under the conditions:
AVGC20 = AVGC50 = AVGC200
There was no requirement that C be close to the three moving averages.
A PCF for the maximum distance apart of the three moving averages (MAs) as a percent of the average of the MAs is:
100*(ABS(AVGC20-AVGC50)+ABS(AVGC20-AVGC200)+ABS(AVGC50-AVGC200))
/(2*(AVGC20+AVGC50+AVGC200)/3)
Warning: This form does not extend directly to four or more MAs.
Thanks,
Jim Murphy
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I misread "they meet at any price" to say "meet at price".
- Craig
Here to Help!
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Registered User
Joined: 12/15/2004
Posts: 81
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Hi,
I do not want the maximun distance apart, I want them all touching,,,the 20, the 50 and the 200...
Thanks
Srk
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Registered User
Joined: 1/28/2005
Posts: 6,049
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srkaldi
You best case will be when the
maximum is low.
It is very unlikly they will
touch.
They will just get close.
Thanks
diceman
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Registered User
Joined: 12/15/2004
Posts: 81
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Thanks DICEMAN and, you are as wet as the ATLANTIC ocean...
There are many...look at ARNA IN June...all 3 met !
Feedback is good, unknowledgable, guessing feedback is BAD...
Steve
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Are you sure you have your averages are plotted correctly?
(averages of price)
They do not meet on ARNA.
Why do you think you received the answers you did?
(using a relative sort)
I assure you it is very rare for all three to have the exact same value.
(on the same day)
You can try.
AVGC20=AVGC50ANDAVGC50=AVGC200
I don't think you will get many hits.
(that's why it is best to search for how close they are)
Thanks
diceman (still underwater)
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Registered User
Joined: 1/28/2005
Posts: 6,049
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What I don't think you are understanding.
(assuming you have your averages plotted correctly)
On ARNA
The 20 touches the 200 (may just be close) on about 5-25-06
The 50 touches the 200 (may just be close) on about 6-20-06
How would we scan on 5-25-06 for what will happen on 6-20-06?
My statement referred to all three touching on the same day.
It makes more sense to look for a tight grouping of averages.
What good is a scan that gives no hits?
This is why you received the answers you did from
Craig, bustermu, and myself.
Thanks
diceman
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Registered User
Joined: 12/15/2004
Posts: 81
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MAT in June 06, SIRF May 05 , SNPS Aug 05 , BWNG IN OCT 05...HOW MANY DO YOU WANT ??????\
I think I got the amnswer because you guys are NOT in the game......
I trade OPTIONS for a living !
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Registered User
Joined: 1/28/2005
Posts: 6,049
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None of your examples passed a % true scan.
They are close.
They touch(or are close) on different dates.
But there is not one instance in the charts you supplied.
of the 20= the 50 and the 50 = the 200
On the same day.
Good luck with your options trading for a living.
Thanks
diceman
(not in the game)
(still under water)
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Registered User
Joined: 12/15/2004
Posts: 81
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Well it is simple, you are just 100% W R O N G
I do very well in my trading...
Good luck under water and out of the game...
If you got in on those trades you would be out of the water !
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Registered User
Joined: 12/15/2004
Posts: 81
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Craig,
The formula is perfect.....thanks....
On Land, in the game !
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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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