TC2000 Help SiteSoftware Help Scanning & SortingHow to Create a Condition Set With Multiple Conditions

How to Create a Condition Set With Multiple Conditions

Combining multiple conditions in a Condition Set is simple. Conditions can be mixed and matched from different indicators, in different time frames and created in different ways (e.g. from the chart, out of the library or with formula PCFs).  For this example we are going to create a Condition Set to find stocks which meet the following criteria now:  Price between $10 and $100, Average Daily Volume Greater than 500,000 shares,  Stochastics is overbought and the stock is currently making a new 50 day high.

1. Click EasyScan in the main toolbar

1.  Left click click the New Button on the main toolbar.

2. Click New Condition

Selecting New Condition would allow you to create a single new condition instead of a new set of conditions.

3. This opens the Condition Set editor

3.  To bring up the condition menu click the yellow Funnel icon.

4. Click Add Condition to open the condition wizard. Select Choose Condition(s).

Use the typing shortcut to select Price as the indicator to use. Click PRICE in the list.

Click the Condition dropdown and select Is Between from the list.

Set the desired Minimum and Maximum values.

Set the desired Minimum and Maximum values and click OK.

Note: when creating individual conditions, click the Save button to name and add them in the condition library for re-use.

5. Add the next condition

Click  + Add Condition to open the condition wizard. Select Choose Condition(s).

6. To add the next condition (Average Volume Greater than 500,000 shares per day) click on + Add Condition.

Use the typing shortcut in the Search field to type the number 90. (The example will be: Average Volume Greater than 500,000 shares per day)

Left click on Pre-Built.

Select Volume 90-Day from the list.

Select Volume 90-Day from the list.

Set the Greater Than value to 500000.

Set the Greater Than value to 500000 and click OK.

6. Add the next condition

Click  + Add Condition to open condition wizard. Select Choose Condition(s).

6. To add the next condition (Average Volume Greater than 500,000 shares per day) click on + Add Condition.

Use the typing shortcut in the Search field to type part of the word Stochastics. (The example will be: Stochastics overbought)

Left click on Pre-Built.

Select Stochastics from the list.

Select Volume 90-Day from the list.

Set the Condition (Greater Than) value to 80.

Set the Greater Than value to 500000 and click OK.

7. Add Final Criteria

Click  + Add Condition to open condition wizard. Select Choose Condition(s).

7.  To add the 3rd Criteria for Price New High  left click + Add Condition.

Use the typing shortcut to select Price as the indicator to use. Click PRICE in the list. (The example will be Price at New 50 Bar High)

Click the Condition drop down and select New High. Set the At field to 50.

The Condition Set is now complete.

  1. TC2000 assumes that the condition set is being constructed with all conditions set to the same timeframe (e.g. daily or 1-min). To mix timeframes, click the Use mixed timeframes tick box.
  2. When constructing Condition Sets, click the Copy Conditions button to copy conditions to the clipboard to use elsewhere in TC2000.
  3. Click the Save button to name and save the condition set.

8. Run the Scan

Click the Apply to... button to choose how to immediately apply the condition:

  1. Scan Results (Scan in a new window)
  2. Scan Plot (historical scan plot)
  3. Scan Plot Summary (summary of scan results over time)
  4. Sort Column (sortable column in new WatchList)
  5. Item in Layout (apply to chart or WatchList in current layout)
  6. Buy (place a stock or option buy conditional order based on the conditions)
  7. Sell (place a stock or option sell conditional order based on the conditions)
  8. Copy to Clipboard (copy conditions to computer clipboard for reuse)

In this example, choose Scan Results.

8.  Now that all three conditions have been added and the list to Scan has been selected click OK.

To learn how to set the default WatchList for sorting and scanning, click here.

9. Review Results

The resulting list of symbols will meet all of the Conditions that were set as part of the Condition Set. The number next to the blue Funnel icon tells how many conditions are in the Condition Set.

The resulting list of symbol will meet all of the conditions that were set as part of the EasyScan.

The time stamp next to Scanned shows when the Scan was last updated.

The time next to Scanned shows when the EasyScan was last updated.

To refresh the Scan results click the icon which looks like two arrows going in a circle.

To refresh the EasyScan results click the icon which looks like two arrows going in a circle.

Streaming Scans: TC2000 Platinum users can Stream up to 15 such Scans simultaneously. TC2000 Gold users can stream a single scan. Choosing a refresh rate allows you to decide how often you want your scan results to be automatically re-scanned. Click the Refresh drop down menu.

Platinum users will be able to Stream the EasyScan which constantly and dynamically refreshes the EasyScan results in real time.  To stream the EasyScan click the blue right facing triangle.

Choose the time interval at which you want your scan to be refreshed. TC2000 automatically re-scans the WatchList to update results on that interval.

To turn off a Streaming Scan click the Blue Square.

To apply the condition to any time frame, click the TimeFrame dropdown to choose the desired bar interval.

To sync the time frame to any other tool window (e.g. the Chart) use the TimeFrame link menu

10. Edit Condition Set

To re-enter/Edit the Condition Set conditions, click on the blue Funnel icon

To turn off a Streaming Scan click the Blue Square.

Click on any of the Conditions

To turn off a Streaming Scan click the Blue Square.

Change criteria settings in the Editor. Click OK when completed.

To turn off a Streaming Scan click the Blue Square.

Note: the conditions in this article are only examples. Any indicators, fundamentals, PCFs, etc., within TC2000 can be used in an EasyScan. 

The conditions and results of the Scan examples should not be construed as a recommendation to buy or sell any security. They are presented solely for educational purposes.