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Registered User
Joined: 10/27/2004
Posts: 34
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Is there any scan for stocks touching rising or falling trendlines just as in (removed by Moderator) software. May be for certain period of time
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Do you mean trendlines (that you can draw) or linear regression lines (which are auto-drawn by TeleChart)?
- Craig
Here to Help!
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Registered User
Joined: 10/27/2004
Posts: 34
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QUOTE (Craig_S) Do you mean trendlines (that you can draw) or linear regression lines (which are auto-drawn by TeleChart)?
I mean to scan stocks that touch bullish/bearish trend lines including uptrend lines or down trendlines. (not only horizontal channel)
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Registered User
Joined: 10/27/2004
Posts: 34
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QUOTE (rockandron) QUOTE (Craig_S) Do you mean trendlines (that you can draw) or linear regression lines (which are auto-drawn by TeleChart)? I mean to scan stocks that touch bullish/bearish trend lines including uptrend lines or down trendlines. (not only horizontal channel)
I mean trend lines we draw and not linear regression lines
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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There is no way to scan for trendlines you draw. PCFs must be based on mathmatical equations. You may want to play around with channel sorts or linear regression sorts:
Sort using envelopes, regression channels and Bollinger bands
Spotting trend changes using linear regression channel sorts
Using Linear Regression Sorts to Help Spot Divergences
- Craig
Here to Help!
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Registered User
Joined: 5/19/2005
Posts: 100
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How do you write a pcf touching an upward (or downward) trendline...not a trendline that I draw, but one that is calculated by the pcf?
Thanks,
Eric
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Do you mean linear regression lines?
If so, formulas for LRs are here:
Using Linear Regression vs Classical Peaks/Valleys for Divergence Analysis
- Craig
Here to Help!
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