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5 DMA of number of stocks making 6 months highs. Rate this Topic:
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hillpc
Posted : Wednesday, May 13, 2015 2:26:01 PM
Registered User
Joined: 3/6/2015
Posts: 13

Hi there,

is it possible to make a scan to find out the 5DMA of number of stocks making 6 months highs? 

thanks

Bruce_L
Posted : Wednesday, May 13, 2015 4:04:38 PM


Worden Trainer

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

No, there is not a way to do this in TC2000.

The only market indicators which can be used as the basis for indicators are those which are already built into the program as symbols.

US Market Indicators



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
hillpc
Posted : Thursday, May 14, 2015 1:17:54 PM
Registered User
Joined: 3/6/2015
Posts: 13

Ok. What about the number of stocks making a 6 month high in the last 5 days?

 

thanks for the help. much appreciated

 

Bruce_L
Posted : Thursday, May 14, 2015 1:45:47 PM


Worden Trainer

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

There isn't a way to plot it, but he number of items returned by an EasyScan using US Common Stocks as the List to Scan and the following Condition Formula as the only EasyScan Condition would be the desired number.

H = MAXH126 OR H1 = MAXH126.1 OR H2 = MAXH126.2 OR H3 = MAXH126.3 OR H4 = MAXH126.4

A shorter but less literal interpretation of the request would use the following Condition Formula instead.

MAXH5 = MAXH126

The difference is that the first formula needs the high to be the 6 month high at the time of the high but the second formula just needs the high to be the current 6 month high. In most cases they will return very similar results.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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