Hi Bruce,

I wanted to look for stocks that are breaking out 80% or above if you know of a formula to help find those stocks.

So I really don't know what basis is being used for the 100% or 80% or how you want to define a breakout.

Are we just looking at the high over some period of time, the range over some period of time, or something else entirely?

Sorry for not clarifying, 

I am looking for stocks that are about to breakout or stocks that have shot up from the 80% to 100% on the previous day. 

Stocks that have been in a range for a period of time is also helpful. 

Hey Bruce,

Is it possible to create a PCF for stocks that have been a range for sometime that has a 50 SMA and 200 SMA crossover to the downside?

My basis for stocks that are highly over extended and overbought stocks from the previous close date. Preferably stocks under $10

Thank you

I am not sure what have shot up from the 80% to 100% on the previous day means either.

Have moved up at least 80% from the close of the previous trading day?

C >= 1.8 * C1

Moved up at least 80% of the range of the previous trading day from the close of the previous trading day?

C >= C1 + .8 * (H1 - L1)

Opened below 80% of the way from the low to the high of the previous trading day but now above the top of the previous trading day?

5 * O < 4 * H1 + L1 AND H1 < C

Do you have something comepletely different in mind?

Nor am I sure what being in range for some time might mean. Having the high and low of a 21 bar range being within 10% of each other could be written as follows.

MAXH21 <= 1.1 * MINL21

The 50 period simple moving average crossing down through the 200 period simple moving average can be written as follows in TC2000 v7 (where you are posting the question).

AVGC50 < AVGC200 AND AVGC50.1 >= AVGC200.1

And as follows in TC2000 v18.

XDOWN(AVGC50, AVGC200)

Hey Bruce, 

Sorry for not being clear but the formulas that you posted were exactly what I was needing. 

Thanks so much for that. 

Hey Bruce,

I had one last question. Is there a way to scan for stocks that are under $15 that are over bought during pre market hours? 

What I am trying to do is at the opening of the market enter in a trade possibly shorting a stock at the beginning of the bell based on a stock being over bought from the previous days closing candle. 

While you can plot the data on the chart with a realtime feed, there isn't any way to scan or sort based on the pre / post market data in TC2000.