New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
converting a TC2000 scan to stockcharts
I'm sure this wonderful group can help me with this puzzle! I watched a video on Wishing Wealth.com showing a TC2000 scan to identifies strong stocks that have pulled back and seem to be turning back up. they shared the code for TC2000 which of course I don't have so wondering how this might be re-written for Stockcharts. the code is:
iif((stoc10.1.1<=25 OR stoc10.1.2<=25 OR stoc10.1<=25) AND C>c1 AND (c>xavgc21 or c>avgc30), .99*min15,0)
I think C = price - not sure how to convert "xavg21" or "avgc30"
Thanks in advance for any help
0
Comments
xavg is probably exponential MA
avg is probably simple MA
C may be today's close
c1 may be yesterday's close.
It's saying if the first three conditions are true, do .99*min15,0, but I have not idea what that is.