BullScan: Problem with reversal signals.

Print Page | Close Window

Problem with reversal signals.

Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullScan
Forum Discription: For discusssions on BullScan
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=35
Printed Date: 20 May 2024 at 8:44am
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com

Topic: Problem with reversal signals.

Posted By: davidr
Subject: Problem with reversal signals.
Date Posted: 19 Oct 2004 at 6:14pm

I've just been comparing the the reversal signals bullish and bearish scans and both scans, with a few exceptions, give the same results. ie the same stocks appear in the two different scans, which seems a bit unusual.

Anyways, I have merged the results from the two scans into a text file to show the combined results from the two scans.

cheers

davidr

http://bullcharts.com.au/forum/uploads/davidr/2004-10-19_181010_Reversal_Signals_-_Bullish_and_Reversal_Combined_2004-10-18a.csv - 2004-10-19_181010_Reversal_Signals_-_Bullish_and_Reversal_Co mbined_2004-10-18a.csv

-------------
davidr

Replies:

Posted By: ChrisR
Date Posted: 19 Oct 2004 at 9:23pm

yeah I get that as well.

Which ones correct, I don't know.

Posted By: Peter
Date Posted: 21 Oct 2004 at 11:50am

Hmm.. yes, this is possibly not the most intuitive result.

The difference between the two scans lies in the score. Both scans have a price criteria and a volume criteria. However, because the scans have "match all criteria" turned off, a security gets included simply by matching the volume and price criteria.

So for the current version there are two ways of interpreting the results. Either:
a) Sort the results by score and disregard anything with a score of 25 (as this represents a price/volume match and no other signals) or
b) Edit the properties for these scans and untick the price and volume requirements.

We'll probably make the change (b) for the next version of BullCharts anyway.

Posted By: ChrisR
Date Posted: 03 Nov 2004 at 7:39pm

The new upgrade has solved the reversal signals results.

Great work guys.

I don't need to use any other scans except for these. I've viewed the results with some signals & indicators I use and they look like spot on to me.

Posted By: ChrisR
Date Posted: 03 Nov 2004 at 10:03pm

I LOVE YOU BULLCHARTS!!!!!