How To Select Condition Set for Market Indicator Chart
A Market Indicator Chart allows you to plot condition results historically over time. A bar chart is created from the Filter for 1500 bars in any timeframe. Each bar tells you the number of stocks in your selected WatchList returned for any particular date. It is easy to see whether a filter returns many or a few symbols at any given point in time. Market Indicator plots show how many stocks pass your condition(s) historically. They can make for good market timing indicators and are useful for checking if your scan conditions are too strict or loose. (Click here to see how Select Date On Chart refresh rate allows you to run the filter on those dates to see the actual symbols that past your conditions.)
*Platinum service level required.
Any existing Filter condition/condition set in your condition library can use used to generate a Market Indicator Chart. Here is how you choose the condition(s) to use in your Market Indicator.
Select Condition/Condition Set to be Historically Plotted
Choose from Library. Click the name next to the Filter icon to open your condition editor. Click the Add Column button and select the Add True/False Column option.
(Click here for help selecting existing conditions from library.)
Note: Condition sets using mixed time frames will create a Scan Plot using only one time frame for all conditions.
Alternately, click the Edit dropdown icon to open the Edit Column & Filters window. Click the Add Column button and select the Add True/False Column option.
(Click here for help creating conditions for a new Filter.)
TC2000 Platinum service level is required for this feature.