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markd mod

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markd
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  • I think it would be hard to write one scan that would capture all possible situations to fit that description, so you have to make some decisions. Here's a scan that finds instances where the 5 year low occurred in the past year (52 weeks) and the…
    in Crash scan Comment by markd April 18
  • I think Stockcharts uses "outstanding shares" for float. It's in the Ticker Properties drop down, so select it, then edit it for your needs. Here the documentation on it: https://stockcharts.com/docs/doku.php?id=scans:reference:ticker_properties …
    in float size Comment by markd April 17
  • I think you will want to do some serious reading and researching (back testing) before you start trading with real money. Or, if you just have to trade, trade very small to start. Probably the easiest place to start is moving average crossovers. Th…
  • Here is the link to how the Standard Deviation indicator is calculated on Stockcharts: https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:standard_deviation_volatility On a daily chart, to get the standard deviation for a…
  • I don't think so. As far as I know, the scan engine runs against a database of individual symbols. Your list contains a series of ratios, which are not actually symbols, even though they are made up of two symbols. The ratios are not in the database…
  • "rank by" does not (yet) accommodate every feature of the scan language, even if the statement you write passes syntax. It was originally intended to sort a list by a single indicator (e.g. RSI or PPO) or value (e.g. close). It has been improved to …
  • Here's a link to the features matrix available from the Stockcharts.com home page link https://stockcharts.com/sales/pricing.html It shows that scanning becomes available at the "Extra" level. The scan engine is the same for both the Extra and the…
  • Also, note on the Advanced Scan workbench page there are drop downs below the Scan Criteria window. Under Sectors and Industries, you can click on "CA", then select a sector(s) and/or industry(ies).
  • A system is likely to produce multiple opportunities in various sectors and industries. RS is helpful in selecting between them. But I agree, price and volume are the best indicators for timing entries and for distinguishing the better opportunities…
    in SCTR Scores Comment by markd April 3
  • I think you would just use one statement for each day. So, close > Ichi, one day ago close > 1 day ago Ichi, two days ago close > Ichi. That's three bars above. If you want *at least* three bars above, you can stop there. If you want *only*…
  • Well, the chart above is NOT an example of buying the *strongest* stock. It is an example of buying *emerging* strength i.e. bottom fishing, in a strong sector in a reasonably strong - but variable - industry. Other stocks in this sector were doing …
    in SCTR Scores Comment by markd April 3
  • Here is a chart to illustrate using the Price Performance indicator. The top three panels show (from top to bottom) sector to market RS (is the stock in a strong/improving sector); the second shows industry to sector RS (is this industry a leader …
    in SCTR Scores Comment by markd April 2
  • On the Chart Workbench, in the Chart Attributes section, on the second line, find "Color Scheme". One is "Color Vision Impaired", but there are many others as well.
  • You can add SCTR Line to you charts to see how it behaves. It's in the Indicators drop downs on the Chart Workbench in the "S" s. Here's a link on the calculation: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:sctr …
    in SCTR Scores Comment by markd April 2
  • As far as I know, you can't use the sma function to average a calculated value - has to be a built-in value like close, or a built-in indicator. So if it's not in the drop down, it's not available.
  • Sorry, I don't know what those are. If you can find them in the drop downs, the order of the statement would be TK x KS.
  • One condition at a time. The twenty day high is max(20, close). So you would compare the current close to that. For the lower and higher closes, you would use "1 day ago close", "2 days ago close" , etc. to specify each close. You would compare ea…
  • I don't know what a TK crossover is. Every available indicator is listed in the the Technical Indicator drop down. If it's not there, or in one of the other drop downs, it is not available.
  • You can build scans directly on the Advanced Scan Workbench. The basic method is to select the terms of each condition from the drop down boxes below the criteria window, and then edit those to fit your needs. So, for instance, you would open the T…
  • Here's a link to the data available on Stockcharts. https://stockcharts.com/docs/doku.php?id=data It appears Australia is not yet on the list.
    in Australian Comment by markd March 31
  • I don't want to say no, but it would be pretty difficult to write a scan that would account for all possible variations of traveling above and below 100. You can't use the scan engine to count because it doesn't have variables you can increment with…
  • You can select and add all the items needed for your scan from the drop downs under the Scan Criteria window on the Advanced Scan workbench. BB Width is under Technical Indicators. Volume is under Price Volume and SCTRs SMA is under Technical Ind…
  • [group is sp500] and [Full Stoch %K(125,1,1, Ulcer(14)) < 20] This passes syntax and gets results, but I don't have time to verify them. Some indicators will take an extra parameter even when that property is undocumented. I don't know if Ful…
  • Clever. Thanks for sharing the solution.
  • Here's a link to the MTA video on preparing for the CMT exam: https://cmtassociation.org/wp-content/uploads/2015/09/CMT-Exam-Overview-2017.mp4
  • If, let's say, the exchanges allowed only a set number of shares to trade at any one price on any one day, then prices would have to move equal distances for equal numbers of shares traded. So, if the limit were 1000 shares per penny, and 7000 share…
  • That last line should be "...today's close is greater than some fraction of the 1 day ago close, say * .8, and today's close is less than some larger fraction of the 1 day ago close, say * .9 "
  • Scan results are displayed in the "Default" chart style. Stockcharts comes with a "Default" style out of the box, but you can create your own. If you only ever want one chart style, just create that style on the Chart Workbench and select "Save as…
  • You *can* create intraday charts with a variety of time frames. My guess is, if the system works, it works best on high volume, institutional stocks or high volume etfs. Those are much more likely to trade in a regular fashion than typical stocks. Y…
  • I guess my question would be, how could you remember the unique names of 12500 charts! But my next guess would be that the names have some symbolic value for a particular characteristic, or set of characteristics, that the stock meets (or met at o…