Hello,
I was wondering if someone has thougt or has written about
the following:
When you scan a list in Metastock, let's say for long
candidates with the Triple Screen method of Dr.A.Elder, or whatever trigger or
system you want to scan.
You get a result. Let's say 8 candidates out of a list of
100 stocks.
So this is 8 %.
Now that we have sectors and component stocks of that
sectors in metastock (from version 8.0 on, I believe?), we could make lists
for scanning the components of those sectors.
My question is:
Is it possible to compute the percentage of stocks that
passed the scan of a certain list?
So someone could see wich sector has the most candidates in
percentage which apply to the scan!
I mean, a sector could increase because of one
stock (in theory), but a sector could also increase of the amount (in
percentage) of triggered stocks of the total list!
And I think that a sector with a huge amount of increasing
stocks is more interesting than a sector that increaeses by one or two
stocks?
So by computing the triggered stocks
(stocks that passed the scan) as a percentage of the total list should make it
possible to choose the sector with the most long (or short)
candidates!
Sorry for my english.
Is this we can already do or is my thinking
incorrect?
Regards,
Kees Takkenberg