Registered User
Joined: 6/4/2013
Posts: 15
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Hi Bruce,
Can you help me out with scan for stocks that are pulling back to the 20 SMA from above on the daily and are quite near it.
Thank you!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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It kind of depends on exactly what you mean. A Condition Formula for price being above the SMA20, but within 0.5% and moving down between the previous bar and current bar could be written as follows.
AVGC20 < C AND C <= 1.005 * AVGC20 AND C < C1 AND AVGC20.1 < C1
Altering the definitions used would require changing the formula.
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 6/4/2013
Posts: 15
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Thank you very much Bruce, I will play a bit with it and tweak it.
Kind regards
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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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