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Strategies & Market Trends : TC2000 Users Technical Analysis Forum -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (1536)	1/12/1999 8:32:00 PM
From: Rob Kipp	Respond to of 3291

Julius, I will take the elements of your "Basic Tick" scan and try your suggestions. It looks good, all I was using for BOP was for it turning green: (BOP1 > 30) AND (BOP1.1 < 30) and for TVS was to have it above the -0- line with: TSV18 > 0 Also, will export the list of candidates to WoW. Thanks, Rob

To: Julius Wong who wrote (1536)	1/12/1999 10:37:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 3291

There is no tick data in TC2000 or the two indicators. Worden did deal with tick data in 60's and 70's but not in TC2000.

To: Julius Wong who wrote (1536)	1/16/1999 6:58:00 PM
From: drsvelte	Read Replies (3) \| Respond to of 3291

Jeff Cooper's Expansion Breakout Scan Jeff Cooper has written a popular book on short-term trading titled Hit and Run Trading.(There used to be a thread here on SI devoted to hit and run trading). One of the basic strategies discussed in the book is an expansion breakout. His analysis indicated that the most profitable price breakouts were accompanied by a daily range greater than the range of the nine previous trading days. His "rules" for buys: 1. Today's Close must be two month high. 2. Today's Range must be greater than/equal to the range of the 9 most recent trading days. 3. Tomorrow, buy when 1/8 point above today's high. 4. Place protective stop 1 point under today's close. Here's the code that I've used to implement this system: Range: (H - L) >= (H1 - L1) AND (H - L) >= (H2 - L2) AND (H - L) >= (H3 - L3) AND (H - L) >= (H4 - L4) AND (H - L) >= (H5 - L5) AND (H - L) >= (H6 - L6) AND (H - L) >= (H7 - L7) AND (H - L) >= (H8 - L8) AND (H - L) >= (H9 - L9) Two month high: C > MAXC42.1 I also do not trade particularly illiquid issues or stocks under $10, so I added these conditions: V>AVGV42.1 AVGV42.1>=1500 C>=10 I am running TC2000v4.2.0025. Scan on Friday's close yielded 23 candidates.