Platinum Customer
Joined: 3/28/2005 Posts: 4
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Is there a PCF to scan for stocks with narrowest Boll Band width for last 125 bars(or shorter time for that matter). Not looking for a particular value for width but to find stocks with a relative squeeze (narrowest band for that stock for last 125 bars) ?
thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I cannot think of a way to create a single Personal Criteria Formula for this in TC2000 version 7 which would be short enough to be practical. That said, it should be possible to identify symbols meeting your requirements using TC2000 version 12.3.
Add a Bollinger Bandwidth indicator to the chart and adjust its settings as desired. Add Donchian Channels to the Bollinger Bandwidth indicator set to a Period of 125 and an Offset of 0.
Now we can click on the Bollinger Bandwidth indicator and select Create Scan Condition to create a Condition for Bollinger Bandwith vs Donchion Channels to have a Channel Position Range of -100 to Min.
Create Conditions from Your Chart
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Platinum Customer
Joined: 3/28/2005 Posts: 4
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Thanks Bruce
Accidentally posted in ver. 7 section, reposted in 12.3., which I am using.
Will try your suggestion.
Thanks again,
Graham
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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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