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Could someone please translate the
following
TC2000 PCF into a Metastock
Exploration
formula:
((C >= 3) AND (RSI30.9 > RSI30.9.5) AND (C
> AVGC30.1) AND (V >= (1.2 * AVGV42.1)) AND (AVGV42.1 >= 1000) AND (C
> C1) AND (C2 < AVGC30.2) AND (C > MAXH14.3))
Weinstein System:
Weinstein Scan.
Done somewhat in the manner
from Stan Weinstein's excellent book "How
to Profit in Bull and Bear Markets".
It is written to only look
at stocks of $3 or more but you can change that.
. . . Relative Strength
Indicator (RSI) higher than that from 5 days ago.
. . . Closing price is
higher than the average in the past 30 days.
. . . Volume at least 120% of
that from the last 2 months. (The 120% is arbitrary. I used it because it seems
to work)
. . . Average volume for the last 2 months at least 100,000 shares
(note that TC/2000 reports shares in hundreds).
. . . Price today higher than
30 day average
. . . Price today higher than in the last 3
weeks
((C >= 3) AND (RSI30.9
> RSI30.9.5) AND (C > AVGC30.1) AND (V >= (1.2 * AVGV42.1)) AND
(AVGV42.1 >= 1000) AND (C > C1) AND (C2 < AVGC30.2) AND (C >
MAXH14.3))
Thanks in advance for any assistance. Feel free to use
it in your trading.
Leon
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