| Idoc |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Sunday, July 10, 2005 |
| Monday, March 5, 2007 7:46:29 PM |
13
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I was wondering if Telechart 2005 scans all of the microcap stocks also. If so, is there a way to set up a PCF that would locate all microcaps under $250 million total valuation, that have a current stock price under $5 that have a volume spike of 10X normal daily volume. I have noticed under these conditions a microcap can rapidly appreciate in the near term, then it would be time to sell and move onto the next potential winner.
Thank you in advance for your help!
Idoc
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Dear Craig S.
Thank you for the fast response and the needed information. One question, as I plugged in the PCF's into my easy scan for "8 out of 10 down days with a doji at the bottom" I came to -Body as % of candle 1 day ago-and I was limiting my PCF criteria using "value" yet the scale did not read 50-max as you had indicated. Was that scale supposed to be "rank" instead?
Thank you in advance for your help!
Idoc
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Dear Craig S.,
I am wanting two PCF's. One that will give me 8 out of 10 down days with a doji at the bottom. Secondly, could you also give me the same with a gap up after the doji. Thank you,
Idoc
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Bruce,
Thank you for correcting the seven down day formula. I think I have finally imputed everything correctly, including using the rangefinder for the values of the doji. The rangefinder didn't appear exactly the same but I think it worked correctly. On last request, can you give me the PCF for a "gap up" and "gap down".
Thank you,
Idoc
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Dear Bruce and Craig,
Thank you, one mystery solved. I was not adding the PCF's seperately for the high vs. low and the open vs. close. I incorrectly added them all in the same PCF for the 7 down days. Now, the problem is all the scans are giving me 7 "up" days. Are the signs backward in the previously listed post? Also, now I can find in the library the correct PCF's for the high vs. low and the open vs. close for the doji portion, but after watching each video several times, I can't get the value meter to look the same as the one they show, to get the proper doji formation.
As always,
Thank you
Idoc
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Bruce,
I have written the PCF's as directed. But I am trying to set up the easy scans as you wrote. The easy scan library is not working for me. I am typing in open to search the open vs. close, and also high to search for the high vs. low yesterday but they are not yielding the desired criteria for the easy scan
Idoc. Any suggestions.
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Bruce,
I have been trying to follow the video instrution that Craig suggested, but in setting up the easy scan criteria I have not been able to find the Open vs. close setting nor the high vs. low yesterday option that they show the search results for in the video.
Idoc
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Bruce, I'm sorry I am not following your instructions. I have imputed the said PCF's but I was having trouble setting/finding the easy scan criteria for the doji portion in the library of options. Or should I just add what you listed into the end of the PCF. Sorry to be obtuse but I am new to this.
Idoc
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Dear Craig S.
Thank you for the PCF formula for the 7 down days in a row. I am having trouble setting the easy scan criteria for the doji at the end of the down days.
I was watching the video that you recommended and I am unable to open the library and search for the "open vs.close" and the "high vs. low yesterday", that I need to fufill my easy scan.
Also on the second PCF formula that you recommended, that wasn't as restrictive, the "+" signs, are they supposed to be the word "AND" or just the plus sign. Sorry if this seems a dumb question but every other PCF formula I have seen they are "AND".
Thank you once again,
Idoc
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I am needing help writing a PCF for an idea that I borrowed. I was wanting a PCF that would scan for stocks with liquid options that have traded down at least 7 days in a row followed by a form of a 'doji candlestick' at the bottom. Then I could check the put-to-call ratio at that point and if it is above a '3' then I would have a good contrarian play to go long with call options. As a point of fact this is this basic premise for one of the (removed by Moderator) pay advisory services. I appreciate your customer service help, Bruce et.al.
Idoc
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