I am trying to understand the difference.

c-o >= .90

o-c >=.90

what does it mean if i scan this @ following time durations

premarket hours

regular market hours

post market

Thanks

Dipan

C - O >= .9 requires the close of the bar to be at least $0.90 above the open of the bar.

O - C >= .9 requires the close of the bar to be at least $0.90 below the open of the bar.

If you don't care if the close is above or below the open, just that it is at least $0.90 away, you could use the following instead.

ABS(O - C) >= .9

With that in mind, it is not possible to scan based on the pre and post market data.

So, during pre and post market hours, O is the open of the most recently closed bar and C is the close of the most recently closed bar.

During market hours O is the open of the currently open bar and C is the current price.

Thanks Bruce.

I am aware that we can not scan based on pre and post market data.

what i am really trying to understand is when i run the scan lets say

Thursday 5AM , 1PM , 5 PM

and Friday 5AM, 1PM

and the PCF timeframe is daily.

which O and C does the formula refere to. (interms of day/date)

Thanks

Thursday at 5am it uses Wednesday's O and C

Thursday at 1pm and 5pm it uses Thursday's O and C

Friday at 5am uses Thursday's O and C

Friday at 1pm uses Friday's O and C

Perfect, This is what i wanted to confirm.

-Dipan