EYEGUY Icon    Posts: 1543 Joined: 12/12/2003 Location: BALDWINSVILLE, NEW YORK  User Profile | Brian: If you were using the OmniScan that I posted at the start of this thread the resulting "list" should look just like the one I posted an hour ago. Now remember these are possible candidates. They meet the seven filters in the strategy so that the strategy does not have to sift through the entire Russell 3000 stocks checking each one to see if all the filters are satisfied. That process is "pre-done" via my OmniScan. What is left are only those stocks that possibly could give a trading signal today. Now the strategy can be applied to only that handful of good candidates to see if any of them fulfill the trading system's parameters. The reason an instrument might not yield a trading signal is two-fold - either the trading system isn't generating a valid Long trading signal or the OmniScan has yielded a possible Short candidate. Now the CRT-3 Strategy trades currently only to the Long side, but it can generate Short signals as well if a slight modification in the Strategy is made. Since I didn't know if someone might eventually want to do that I included the possibility for it in the OmniScan as well. Again, I hope that that is clear. By the way I finally figured out that the CRT-3 scan you were displaying came with the CRT-3 package and did not do nearly as much of the pre-filtering as my version presented here does. That is why you have so many more possibilities to screen. Tom Helget | |
