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Middle Price Channel Scans Now Available

In addition to scanning for upper and lower Price Channels, it is now possible to scan for the middle Price Channel.  The middle Price Channel is simply the midpoint between the upper and lower Price Channels.

In the chart below, the middle Price Channel is represented by the blue dotted line:

Screen shot 2011-01-20 at 8.56.35 AM

In the Standard UI you can choose the middle Price Channel from the Indicators drop down list in the Additional Technical Expressions area:

Screen shot 2011-01-20 at 9.46.40 AM

In the Advanced UI, look under the Price, Volume, and Indicators drop down list:

Screen shot 2011-01-20 at 9.44.31 AM

For more information on Price Channels, see the article in ChartSchool here.

Welcome Pink Sheets to the Scan Engine

The scan engine has been updated so that Pink Sheet symbols are now included in scan results.

To scan specifically for Pink Sheets in the Standard Scan user interface, simply choose PINK from the Group menu in the Global Filters area:

Screen shot 2011-01-10 at 2.54.22 PM

In the Advanced user interface, specify the exchange as 'PINK' (without quotes) in your scan expression:

[exchange is PINK]

Conversely, if you'd rather not see those stocks, you can choose to omit them by using the 'not' keyword:

[exchange is not PINK]

We are also working on splitting off the OTC (Over the Counter) and BB (Bulletin Board) stocks.  That work should be finished soon.  When complete, one can specifically scan for, or eliminate, that subset of stocks as well.  Stay tuned to the Scanning Stocks blog for updates!

Happy New Year!

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