SCAN: EPS or PE Ratio?

Robertplayitloud

Dear traders, I have a problem using PE ratio and EPS in the scans. In order scan for profitable companies only. I implemented

and [EPS > 0]

as well as

and [PE ratio >0]

Both definitions did not work, and the scan included stocks with EPS<0 and P/E<0 which I tried to avoid.

Do you have any idea how to fix this problem?

Thank you, Rob

markd

I did this and it seems to work

[group is sp500]
and [EPS > 0]
rank by EPS

this works, too

[group is sp500]
and [PE ratio > 0]
rank by PE ratio

I wonder if your scan includes an "or" statement that is not properly bracketed?

Robertplayitloud

Thank you Mark. I cleared the memory, saved the scan again and it works now.

Have a good day! Rob