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need helpcreating a formula

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  • need helpcreating a formula

    hello,

    i need a formula for the following idea....If a stock is trading higher than the open at 11 am and the difference between the 11am print and open is in the range of 2-4 percent then buy the stock. Then i want to offer out stock .45 percent higher from the entry buying point and have a sell stop .6 percent lower from entry. If it is trading lower than the open at 11 am within the range of 2-4 percent then sell short. i want to bid for stock .45 percent lower or a buy stop of .6 percent higher.

    thanks

  • #2
    Hi,

    For this formula, will you have specific symbols in use or are you looking for a tool that will look for this setup? If it's the latter, we don't currently provide customized scanning abilities outside a small batch of symbols.

    Thanks.

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    • #3
      you can however program it to watch a specific basket of stocks, it simply needs to be told which ones to watch, though you cant backtest multiple stocks at a time, only watch them
      Last edited by kalzenith; 08-22-2008, 12:27 PM.

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