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ratkiler
Posted : Friday, April 24, 2009 9:30:36 AM
Gold Customer Gold Customer

Joined: 2/7/2005
Posts: 16
Can you create a backscanner rule based on 2 different time frame stochastics?

In other words if you have a chart of daily stocs and a chart of weekly stoc can you create 1 backscan rule?
Julia_O
Posted : Friday, April 24, 2009 9:41:40 AM


Worden Trainer

Joined: 4/26/2007
Posts: 508
ratkiler,

Yes, you can create a combination rule out of two individual rules.  Use the layout I shared for you, called "Multiple Timeframe Stochastics".  Create a rule using the longer term Stochastics plot on the Main Chart as well as a rule using the shorter term Stochastics plot (remember that the shorter term is getting its timeframe from the other tabbed chart).  Once each rule is created, drag one on top of the other to create a new Combo rule.  This Combo can be used in a BackScan.

Best,
Julia 
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