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Registered User
Joined: 10/7/2004
Posts: 50
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Would you be able to suggest a scan that would show stocks that made "inside bars" on the daily chart. So that today's price action did not take out the highs or lows from the prior day's range.
Thank you
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Administration
Joined: 9/30/2004
Posts: 9,187
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You can scan for that with a custom condition using the formula:
H1 > H and L1 < L
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Registered User
Joined: 10/14/2010
Posts: 55
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Can you do this on the 15 minute time frame? More like prior candle was inside 2 candles ago?Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Yes, in TC2000 version 12, you can set the Time Frame of a Condition Formula when you create it, edit it or use it a WatchList Column or Scan Condition.
L2 < L1 AND H1 < H2
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/14/2010
Posts: 55
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An example would be CNX today on the 15min time frame. It would alert when bar 2 closed.Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The formula given in my post would return True for the third 15-minute bar of CNX on January 13, 2012 (so when the second 15-minute bar closed).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/14/2010
Posts: 55
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thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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