How to Filter a Current WatchList With a New Condition Set
You can now Filter any WatchList on the fly with any Condition or Condition Set you create. This allows for quick access to and application of any created conditions to any WatchList being viewed. Here are the steps for Filtering an existing WatchList using newly created condition(s).
1. Place a Checkmark next to Scan in any WatchList
This opens the Scan menu within the WatchList.
2. Click the Filter dropdown (Default says No Conditions); choose the Add Condition icon.
Choose Add True/False Column
This opens the library of saved Conditions/Condition Sets that can be used to Filter or Sort the WatchList
3. Create Filter Condition/Condition Set
Click New Condition
The Opens the Condition editing window. Click Add Condition.
Click Choose Condition(s) to open the criteria library
In the Search field type the name of the condition(s) to be used for the Scan. Click on the name of the criteria to create condition.
If you don't know the name of the criteria you can use the Categories to narrow the list and scroll to find the desired criteria desired.
4. Create the first condition
Click the Condition dropdown and select Is Between from the list.
Note: In this example we will build a Condition set looking for stocks with 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. However, any indicators, fundamentals, formula, etc., in the condition criteria library can be used for constructing a condition/condition set.
Set the desired Minimum and Maximum values.
The condition sliders with each value allow you to set values based on where the stocks are currently verses the Market (where do they rank).
5. Add the next condition
Click + (Add Condition) and select Choose Condition(s) to open criteria library
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)
Select Volume 90-Day from the list.
Set the Greater Than value to 500000.
6. Add the next condition
Click + (Add Condition) and select Choose Condition(s) to open criteria library
Use the typing shortcut in the Search field to type part of the word Stochastics. (The example will be: Stochastics overbought)
Select Stochastics from the list.
Set the Condition (Greater Than) value to 80.
7. Add Final Criteria
Click + (Add Condition) and select Choose Condition(s) to open criteria library
Use the typing shortcut to select Price as the indicator to use. Click PRICE in the list. (The example will be Price 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.
- TC2000 assumes that the condition set is being constructed with all conditions set to the same timeframe (e.g. daily or 1-min).
- To use different time frames for conditions, click the Mixed tick box.
- To immediately activate the Filter upon closing the Edit window, put a check mark next to Filter
- When constructing Condition Sets, click the Copy Conditions button to copy conditions to the clipboard to use elsewhere in TC2000.
- Click the Save button to name and save the condition set.
8. Click OK to close Edit Window and apply conditions
9. Review Results
The WatchList is now filtered by the condition set. Also, a new column has been added for the condition set. The column remains with checkmarks even when the conditions are not being used to Filter.
The total number of stocks found with the Scan conditions is always at the bottom of the WatchList window.
The time stamp next to Filter shows when the conditions were last updated.
To refresh the Filter results click the icon which looks like two arrows going in a circle.
Streaming Scans: TC2000 Platinum users can Stream Filters. 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.
Choose the time interval at which you want your Filter to be refreshed. TC2000 automatically re-filters the WatchList to update results on that interval.
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
Click the name of the Filter to open the Edit window.
Change criteria settings in the Editor. Click OK when completed.
11. Filter a different WatchList for the Condition/Condition Set
Click the WatchList dropdown menu to select a different WatchList. Click on the name of the desired WatchList to make it the active list being filtered by the Filter condition(s).
12. Stop the Filter
Uncheck the Filter tick box to stop the conditions from filtering the WatchList
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.