Reply To: GannSwingEquality

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#63791
Darren
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  • Replies: 633
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Hi David,

You can create formulas for any swing value. When added to a watchlist column the following will give the % value of the current swing relative to the previous swing in the same direction (ie up swing or down swing).

So GS is currently 99.07% of the previous swing up (confirmed with the Price Extension P/X label on the overlay tool).

Capture

Make the formula into a true/false Boolean and you can then use it in a scan, eg swing ranges within a ±2% tolerance:

This scan of the S&P500 shows these 6 as of Monday’s close:

Capture

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