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jgholtod
Posted : Friday, March 22, 2013 4:26:05 PM
Platinum Customer Platinum Customer

Joined: 3/28/2005
Posts: 4

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

Bruce_L
Posted : Friday, March 22, 2013 4:34:19 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

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
jgholtod
Posted : Friday, March 22, 2013 4:52:59 PM
Platinum Customer Platinum Customer

Joined: 3/28/2005
Posts: 4

Thanks Bruce

Accidentally posted in ver. 7 section, reposted in 12.3., which I am using.

Will try your suggestion.

Thanks again,

Graham

Bruce_L
Posted : Friday, March 22, 2013 4:53:27 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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