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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?

To: Ken Adams who wrote (4633)	6/19/1998 3:03:00 PM
From: TechTrader42	Read Replies (2) \| Respond to of 11149

Ken: One attracted my attention as it was written by an old Prodigy friend, Bill Sandusky. I just ran that scan (BNS)this morning and it ran about 31 minutes. Is that normal? No, this isn't anywhere near normal. The reason this scan takes so long is that it has a divide-by-zero fix in it for Stochastics -- a fix added later. There are other versions of this scan without the correction, but the one with the correction is necessary if you're scanning the entire database, I think. That's because only a few stocks cause the error (and on some nights, there was no error, depending on the quotes for the day.) I have other versions of the BNS scan, which I'll try to get around to posting (one may be on the Website now -- the one without "zero error fix"). This is one of the few scans that required this divide-by-zero fix. Perhaps another fix could be devised -- one that doesn't slow down the works. For all I know, the inherent problem in the QP Stochastics formula that created the divide-by-zero problem may have been fixed. The scan was written quite a while ago. And without the fix, it hums along rapidly. Try some of the other scans, such as Richard Estes' breakout scan (a terrific scan), which should run in much less time (around 3 minutes on a 233 mhz machine). Brooke

To: Ken Adams who wrote (4633)	6/19/1998 3:20:00 PM
From: Galirayo	Read Replies (1) \| Respond to of 11149

[ Fast Scan ] Ken, You may want to play around with this one. I run most all my other scans off this 1st one. So on the other scans this line needs to be added. ; Input="1 Fast.lst" It may speed things up for you. Modify as you see fit. I think it's correct but double check me since I'm not a programer. Ray Output="1 Fast.lst" ;Exchange NYSE, AMEX ;IssueType Common, Preferred//, Warrants ;DaystoLoad=2200 ;If PE>-200 and PE<100 and Min(0,-10,vol) > 100 and QTRREV(0)>QTRREV(-4) and Close(0) <=15 then Println Symbol,"",",", PE:5:0, " ,", date(0):12 ;Else ;Exchange Nasdaq // qualify for continued listing // except by price ;IssueType Common, Preferred//, Warrants ; DaystoLoad=2200 ;If PE>-200 and PE<100 and Min(0,-10,vol) > 100 and QTRREV(0)>QTRREV(-4) and ((Bookvalue * Sharesout >= 2 or // Net Assets > 2 Mil MarketCap >= 35 or // MarketCap > 35 mil EPS * Sharesout >= .5 ) and // Net Earnings last 12 mo > 500k (Sharesfloat >= .5 and // 500K shares trading Sharesfloat*Close(0)>= 1)) and //Market Value of Float > 1 Mil Close(0) <=15 then Println Symbol,"",",", PE:5:0, " ,", date(0):12 ;endif; ;endif;

To: Ken Adams who wrote (4633)	6/19/1998 9:19:00 PM
From: Bill Sandusky	Respond to of 11149

Hi Ken, Just wanted to say hello... friend told me you were here. Been a long time since we crossed paths. Don't get over here much any more. Just can't seem to find the time. Hope all is well with you. Regarding the BNS scan... can't help you here as I didn't write any of those scans myself (just never really understood the language). Brooke and some others took the basic BNS concept and attempted to adapt it to Quotes Plus. Think the results were mixed. Might check my web site for a better understanding of the system. The BNS indicator appears in indicator plot 2 on most charts. Have made comments on some of the charts that may be helpful. Here's the url for my web site: mindspring.com That will get you to an index. Got phone call so must go now. Hope to see you around. Bill Sandusky