Registered User
Joined: 11/28/2008
Posts: 3
|
I am trying to build scans for oscillator & momentum stocks. Toward that end, I need help with additional indicators, as follows:
Momentum
* I need the syntax for ADX as a confirmation of momentum.
* any suggestions for MACD at crossover, overbought & oversold?
* any other indicator conditions that you wd recommend for momentum plays, other than volume?
Oscillators
* I am going to set max price for stocks under $15 & know how to do this based on your previous posts
* I need the syntax for TSV
* any other indicators that wd rule out momentum?
Tx,
Neal
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:
If you are new to TeleChart READ THIS FIRST!
We can answer syntax questions, but the trainers can't give setting, interpretation or investment advice.
What needs to happen with ADX to confirm momentum in your mind?
Average Directional Index (ADX)
Sorting by the ADX indicator
PCF for Wilder's Directional Movement DMI-crossovers
PCF for Wilder's DX, and/or a CI for Wilder's ADX
What are your MACD settings? Are you interested in the raw MACD, its Moving Average Signal Line or the Histogram?
Understanding MACD
What are your TSV settings? What are you trying to detect about TSV? The syntax that is generally useful in the construction of TSV would be:
Time Segmented Volume Indicator:
TSVy.z -> Time Segmented Volume
Moving Average Functions:
AVG(w,x) -> Simple Moving Average
XAVG(w,x) -> Exponential moving Average
Where w is the Number or Indicator to which a Function is applied.
- w cannot be a formula or function for AVG(), MAX(), MIN(), XAVG()
Where x is the Period of the Indicator or Function.
Where y is a the Period of an additional Simple Moving Average.
Where z is the number of Periods Ago.
- z can also be a date. May 3, 2007 would be (single quotes required): '05/03/07'
The arguments in indicators are separated by periods while the arguments in functions are separated by commas.
How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions
Cascades of Moving Averages
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
Registered User
Joined: 11/28/2008
Posts: 3
|
OK. Tx for the info. Very helpful. I wd also like to scan for scheduled earnings announcements & the % of surprise announcements (eg., exceeding or failing to meet earlier projections). My purpose is to stay away from trades on companies within 2 wks of earnings announcements. unless making news trades. If making news trades, I just want to know if movement will be more likely than not. I can capture movement in either direction using an iron condor play.
Is it possible to capture these two data points?
* scheduled earnings announcements
* 5 surprise announcements
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
I do not know of a way to do this using TeleChart. The fundamentals are limited to the built in Fundamental System Criteria.
Definitions of all built in scanning and sorting criteria
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|