Bruce,

Can you help me create a pcf to find the following:

Average daily volume >250,000

Closing price > 5

5 Day Average Vol must be below last 30 days

50 Day Price EMA in an uptrend

Low of last 2 days must also be low of last 10 days

I know I can alot of this in a EasyScan but if you could fill in the blanks I would appreciate it.

Thanks,

Wm

The following Condition Formula uses a 35-Period Average Daily Volume and defines an EMA uptrend as the 10-Period Linear Regression Slope and Net Change over the same period of the EMA both being positive.

AVGV35 >= 250000 AND C > 5 AND AVGV5 < AVGV30.5 AND XAVGC50 > XAVGC50.9 AND 9 * (XAVGC50 - XAVGC50.9) + 7 * (XAVGC50.1 - XAVGC50.8) + 5 * (XAVGC50.2 - XAVGC50.7) + 3 * (XAVGC50.3 - XAVGC50.6) + XAVGC50.4 > XAVGC50.5 AND MINL2 = MINL10

Personal Criteria Formula Conditions
Using Linear Regression vs Classical Peaks/Valleys for Divergence Analysis
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!

Bruce,

Is everything I wanted to include in the formula you created?

I don't see the low of the last 2 days being the low of the last 10 days.

I couldn't figure out how to do that with a pcf.

Please advise and thanks for your help.

William

It was not included, but I have added it to the Condition Formula in the original response.

Thanks again. This service is extremely helpful and appreciated.

Wm

Bruce,

I am getting an error when I copy and paste the formula.

Argument missing near <

Bruce

I am also getting same error

http://screencast.com/t/RMRILu7JcYw

Thanks Mike

I'm not quite sure how it happened since I tested the formula before copying and pasting it into the forums, but there was a missing V in the formula. AVGV5 was in the formula as AVG5. It has been corrected above.

I am new to TC2000 and trying to do something similar - but am basically looking for stocks that have recently hit 52 week highs (say within the past 15 days or so), but are currently at a pullback of 5-8% off those recent highs - how can I go about doing this?  I see screens for new highs and % from new highs, but no real way to say "New high in last X days" AND currently at 92% - 95% of this recent high"

Thanks for any ideas and insights

Steve

Please try the following Condition Formula:

.92 * MAXH15 <= C AND C <= .95 * MAXH15 AND MAXH15 = MAXH252

That worked great - I can tweak it from here I think - thank you for the prompt reply

Steve

You're welcome.