Hi,

Is it possible to create a scan which will display stocks intraday (5min timeframe) which have:

1) Range of at least 20 cents within the last 30 mins

2) at least 3 red (close < open) candles  in a row 

and if so what would be the best way to do it?

Thank you!

A 5-Minute Condition Formula for this could be created as:

MAXH6 - MINL6 >= .2 AND C < O AND C1 < O1 AND C2 < O2

You would need to have TC2000 Platinum in order to use this condition as the shortest time frame which can be used for conditions in TC2000 Gold is Daily.

Thank you Bruce, much appreciated!

One more question Bruce, how would I add to the previous conditions the one which will detect stock making new low as well?

I guess it depends on exactly how you want to define a "new low". The following adds the requirement that the low of the current candle be lower than the lows of any of the previous 5 candles (the period was chosen only because it lines up with the 30 minute check for at least a $0.20 range).

MAXH6 - MINL6 >= .2 AND C < O AND C1 < O1 AND C2 < O2 AND L < MINL5.1

I think that will do it Bruce, thank you!

You're welcome.