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jimmecom
Posted : Saturday, June 18, 2005 2:09:47 PM
Registered User
Joined: 2/26/2005
Posts: 15
I am trying to scan for a high that is just below the high of the previous 20 trading days.


H >= ((MAXH20)*.96) AND

H <= (MAXH20)

I have tried it with and without the parenthesis.

It appears to be identical to the formula examples given in the help section but evidently is not.

Any assistance would be greatly appreciated.

Thanks.

Bruce_L
Posted : Saturday, June 18, 2005 2:27:06 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The formula seems to catch the symbols meeting its conditions on my system. If the problem is that it is catching current highs as well, you can modify the formula as follows:

H>=MAXH20*.96 AND H<MAXH20

If the problem is that it is catching too many symbols, you may want to compare it to the recent trading range instead of overall price:

H–MINL20>=(MAXH20-MINL20)*.96 AND H<MAXH20

-Bruce
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Craig_S
Posted : Saturday, June 18, 2005 2:32:33 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
I would do it this way:

High as a percent of MaxH20

H/MAXH20*100

You can then sort by it in descending order OR put it in an EasyScan and set the values as close to 100 as you like.

It should prove to be more flexible and reusable than a true/false condition.

Try it for me.

- Craig
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