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Re: [dlevels] TC2000 Scans for Thrust



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Thanks for sharing that.  I just dropped TC2000 as it looks like I can do
all the things with RavenQuote that I was doing with TC2000, but also on an
intraday basis.

I tried converting your formula to the RavenQuote format, but got hung up.
The following is some back and forth from tech support at RQ:

>>>>>
(RQ tech support)
I remember a little bit of TC2000 and I think AVG3.13 is a 13 period moving
average, based on a 3 min chart.

In RQ that's ma(close,13,0,3,,)
>>>>>

as a reply to my inquiry below:

>>>>>
In the TC2000 scan formula below, I can convert the portions such as "(C10 <
C11)" to "(C(30,-10) < C(30,-11))" in order to use it on a 30 minute chart.
I don't know what "AVGC3.13" means (though I suspect it has to do with a
displaced 3bar moving average).  Any help available on how to convert it to
a 30 minute chart?  TIA.

Kevin Bryant


(AVGC3.13 >= 1.05 * C10) AND (C10 < C11) AND (AVGC3.12 >= 1.05 * C9)
 AND (C9 < C10) AND (AVGC3.11 >= 1.05 * C8) AND (C8 < C9) AND
 (AVGC3.10 >= 1.05 * C7) AND (C7 < C8) AND (AVGC3.9 >= 1.05 * C6) AND
 (C6 < C7) AND (AVGC3.8 >= 1.05 * C5) AND (C5 < C6) AND (AVGC3.7 >=
 1.05 * C4) AND (C4 < C5) AND (AVGC3.6 >= 1.05 * C3) AND (C3 < C4) AND
 (AVGC3.5 >= 1.05 * C2) AND (C2 < C3)
>>>>>

When I gave him more information, the following was his reply:

(RQ tech support)
>>>>>
OK...  the criteria you describe below should be something like

ma(Close,3,3,D,,)>close(d,,)*1.05 and c(d,,)<c(d,-1,)
>>>>>

(Back to Dlevels egroup now)
You reckon I'm getting close??  It seems that maybe I would just keep
repeating the above, just changing "c(d,-1,)" to "c(d,-2,)", etc., till I
got to "(d,-13,)".  Or does the first part of the expression above
"(Close,3,3,D,,) > close (d,,) * 1.05" need to be added each time (and, I
would then assume, the "d"s and "D"s would go to "D-1" and "d-1", etc.)
Then it would be a matter of changing the "d" to whatever intraday time
frame (such as 30) that I wanted.

It may just be that I don't have the brains for this stuff.  TIA.

Kevin Bryant




> I've been using TC2000 for several years.  One of the pluses is the
> ability to run scans.  Although the parameters one can use in the
> scans are fairly limited, none-the-less, some useful information can
> be gleaned.
>
> Here is one I wrote searching for downward thrust.  Essentially, what
> it does is look for stocks in which the 3x3 moving average is at
> least 1.05 times the closing price, and the closing price of the day
> is less than the closing price of the previous day.  On Saturday,
> February 24, 2001, the scan turned up 0 results.  Even when the scan
> does turn up results, many times the stock is not thrusting, but
> merely strongly trending downwards.
>
> (AVGC3.13 >= 1.05 * C10) AND (C10 < C11) AND (AVGC3.12 >= 1.05 * C9)
> AND (C9 < C10) AND (AVGC3.11 >= 1.05 * C8) AND (C8 < C9) AND
> (AVGC3.10 >= 1.05 * C7) AND (C7 < C8) AND (AVGC3.9 >= 1.05 * C6) AND
> (C6 < C7) AND (AVGC3.8 >= 1.05 * C5) AND (C5 < C6) AND (AVGC3.7 >=
> 1.05 * C4) AND (C4 < C5) AND (AVGC3.6 >= 1.05 * C3) AND (C3 < C4) AND
> (AVGC3.5 >= 1.05 * C2) AND (C2 < C3)
>
>


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