| jbalesh01 |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Monday, July 11, 2005 |
| Thursday, January 15, 2009 2:28:13 PM |
12
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Bruce,
I can't believe that works! That is fantastic.
Now, how would we get the weekly average true range such that the range is computed for each week rather than each day?
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Thank you, Bruce!
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Hello:
I'd like to set up a PCF that only picks those stocks whose last 200 day high was at least 8 weeks ago. I want to combine this scan with a PCF I currently have that scans for stocks that have reached a new 200 day high today (C > MAXH200.1) so that I only get stocks that have reached a new high after at least an 8 week basing process, not those stocks that are consistently hitting new 200-day highs in an uptrend. I have racked my brain to come up with a PCF that can identify those stocks that have not hit a new 200-day high for at least 8 weeks but cannot come up with an idea on how to do it. Again, I see these two PCFs working together to create an Easy Scan that picks out those stocks I'm interested in. Hope it makes sense.
Thanks for all your help!
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Thanks for your reply.
When you say "standard deviation X 10" do you mean instead standard deviation DIVIDED by 10? That would make sense given that you have to multiply by 20 to get 2 std. deviations. So I imagine that's the case with all indicators in that the width is SD/10?
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When I include Bollinger Bands in the chart template with the default setting of 20,2, they obviously are displayed incorrectly. They are much too narrow so that they are very tight relative to the 20ma, thus not providing that "rubber band" look to price on the chart. When I increase the width to 20, they look much more like the 20,2 setting in (URL removed by Moderator). Am I missing something? What is the correct way to set BB's with the 20,2 setting to get the accurate indicator on the chart?
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Whoa! I'll have to spend some time to go through that one.
Anyway, Bruce, thank you very much for your help.
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I am using Wilder's smoothing so I guess that that's the reason why the discrepancy exists. Is there any way to do the scan with Wilder's smoothing or is it just possible without?
A related question is what is the mathematical difference between Wilder's smoothing and without?
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Hello:
I have written an PCF with the following formula: RSI14.1 < 25. I'm looking for stocks with a current RSI(14) less than 25. However, this scan most often returns stocks with an RSI reading nowhere near 25 so I end up having to manually go through a list of 50-60 stocks to come out with 5 or 6 within my criteria. What do you think I can do differently to get a more accurate PCF?
Thanks!
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Thank you, Craig. I will check them out and let you know if I have any more questions.
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Hello:
I am aware of the market indicators offered with the program but I am looking for other (similar) market indicators that I can easily plot in comparison to the indexes.
First, I would like to plot a "new high/new low" ratio (not the High Low Logic Index of the T2 series) that would be a cumulative total of new highs - new lows. I would like to do this for NYSE and NASDAQ stocks.
Second, I would like to plot an advance/decline line for the NYSE, NASDAQ, and DOW-30 stocks where it is just a cumulative total of the net difference of the number of advancing stocks and number of declining stocks on the respective indexes. I then want to take the 10-day MA of that net difference.
Third, is the CBOE put/call ratio available at all with the program? I haven't been able to find it.
Thank you so much for your help.
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