Scanning individual stocks/indexes

Author

Message

/ View First Unread Post

Share Topic

Topic Search

Topic Options

Peter

Visit Members Homepage

Add to Buddy List

BullCharts Staff

Joined: 09 Sep 2004
Location: Australia
Posts: 241

Post Options

Post Reply

Quote Peter

Report Post

Quote

Topic: Scanning individual stocks/indexes
Posted: 16 Dec 2004 at 9:22am

Yep.

chart rider View Drop Down

Regular

Joined: 25 Sep 2004
Location: Australia
Posts: 96

Post Options

Post Reply

Quote chart rider

Report Post

Quote

Posted: 15 Dec 2004 at 9:36pm

Peter

Scanning the condition of a security and index concurrently would definitely be a handy feature to have. If I understand correctly, this will also allow additional conditions to be configured into a back test, such as to check the status of XAO indicators together with those of the security being back tested, so that a buy simulation is triggered only under certain conditions of the All Ords. Mabe you can tell me if I my thinking is right?

Chart Rider

Peter

Members Profile

Send Private Message

Find Members Posts

Visit Members Homepage

Add to Buddy List

BullCharts Staff

Joined: 09 Sep 2004
Location: Australia
Posts: 241

Post Options

Post Reply

Quote Peter

Report Post

Quote

Posted: 15 Dec 2004 at 9:11am

To scan for securities in the ASX200 that have risen every bar for the last 5 bars create a criteria like you suggest "close has increased every bar in the last 5 bars". Then in the securities tab, remove the Ordinaries group and add the ASX/200 group.

But if you mean, check the ASX200 index at the same time as scanning other securities, then there's presently no way of doing this. This requires that both the index and the security be loaded into the scanner simultaneously, which isn't currently possible. However it is something we're going to be working on in 2005. So you'll be able to do scans like, "find all companies that have consistently risen relative to the ASX/200".

Cobra

Regular

Joined: 08 Nov 2004
Location: Australia
Posts: 76

Post Options

Post Reply

Quote Cobra

Report Post

Quote

Posted: 14 Dec 2004 at 8:55pm

I am trying to set up a scan with a criteria to check that the ASX200 (or for that matter any security) closing value has been rising for the last X periods. I can't see a way to do this with the normal scanning builder, but I assume you can do it with script?. Does script have a keyword/operand for security?. Or, a way to 'bias' a scan to take into account the general market momentum via XJO or XAO. eg 'XJO has been rising for the last 5 periods'
Thanks in advance

Author	Message / View First Unread Post Share Topic Printable Version Delicious Digg Facebook Furl Google Boomarks Google Buzz MySpace Newsvine reddit StumbleUpon Translate Twitter Windows Live Yahoo Bookmarks Topic Search Topic Options Post Reply Create New Topic
Peter Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 09 Sep 2004 Location: Australia Posts: 241	Post Options Post Reply Quote Peter Report Post Quote Reply Topic: Scanning individual stocks/indexes Posted: 16 Dec 2004 at 9:22am
	Yep.

chart rider Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 25 Sep 2004 Location: Australia Posts: 96	Post Options Post Reply Quote chart rider Report Post Quote Reply Posted: 15 Dec 2004 at 9:36pm
	Peter Scanning the condition of a security and index concurrently would definitely be a handy feature to have. If I understand correctly, this will also allow additional conditions to be configured into a back test, such as to check the status of XAO indicators together with those of the security being back tested, so that a buy simulation is triggered only under certain conditions of the All Ords. Mabe you can tell me if I my thinking is right? Chart Rider

Peter Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 09 Sep 2004 Location: Australia Posts: 241	Post Options Post Reply Quote Peter Report Post Quote Reply Posted: 15 Dec 2004 at 9:11am
	To scan for securities in the ASX200 that have risen every bar for the last 5 bars create a criteria like you suggest "close has increased every bar in the last 5 bars". Then in the securities tab, remove the Ordinaries group and add the ASX/200 group. But if you mean, check the ASX200 index at the same time as scanning other securities, then there's presently no way of doing this. This requires that both the index and the security be loaded into the scanner simultaneously, which isn't currently possible. However it is something we're going to be working on in 2005. So you'll be able to do scans like, "find all companies that have consistently risen relative to the ASX/200".

Cobra Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 08 Nov 2004 Location: Australia Posts: 76	Post Options Post Reply Quote Cobra Report Post Quote Reply Posted: 14 Dec 2004 at 8:55pm
	I am trying to set up a scan with a criteria to check that the ASX200 (or for that matter any security) closing value has been rising for the last X periods. I can't see a way to do this with the normal scanning builder, but I assume you can do it with script?. Does script have a keyword/operand for security?. Or, a way to 'bias' a scan to take into account the general market momentum via XJO or XAO. eg 'XJO has been rising for the last 5 periods' Thanks in advance