HamScan Settings:

 

Six NEW pages will be created in addition to what is provided with the program: 

 

These are the exact formulas that should be copied and pasted into the new HamScan pages!  After the label name “-“ is used to separate the formula.  Copy the formula into each new column.  See the User Guide for complete instructions on “Creating and modifying column formulae with Formula Builder”. 

 

New Page titled "Today's Longs"

Columns:

Label - Formula

 

1. Ticker - Standard - Automatic when create a new page.

2. Close - C

3. Buy Price - C * 1.00010

4. Initial Stop - C - (100 / (5000 / C))

5. OBV EV> - Avg(SUM(IF(V>V1,Sign(C-C1)*V,0),10),7) < SUM(IF(V>V1,Sign(C-C1)*V,0),10)

6. B/E Obj - C + (75 / (5000 / C))

7. Trailing - L * .9950

8. 1st Target - TP(0)

9. 2nd Target - PivotR(1)

10. 3rd Target - PivotR(2)

11. DI+5>-5 - DIPlus(5) >DIMinus(5)

12. PPA 3>5 - Avg((H + L + C) / 3,3) > Avg((H + L + C) / 3,5)

13. OBV> - SUM(IF(V>V1,Sign(C-C1)*V,0),10) >= SUM(IF(V1>V2,Sign(C1-C2)*V1,0),10)

14. Keltner > - Not working as of 5/4/04 - will update when working correctly.

 

 

New Page titled "Today's Shorts"

Columns:

Label - Formula

 

1. Ticker - Standard - Automatic when create a new page.

2. Close - C

3. Sell Price - C - (C * .0010)

4. Initial Stop - C + (100 / (5000 / C))

5. OBV EV< - SUM(IF(V>V1,Sign(C-C1)*V,0),10) < Avg(SUM(IF(V>V1,Sign(C-C1)*V,0),10),7)

6. B/E Obj - C - (75 / (5000 / C))

7. Trailing - H * 1.005

8. 1st Target - TP(0)

9. 2nd Target - PivotS(1)

10. 3rd Target - PivotS(2)

11. DI+5<-5 - DIPlus(5) < DIMinus(5)

12. PPA 3<5 - Avg((H + L + C) / 3,3) < Avg((H + L + C) / 3,5)

13. OBV< - SUM(IF(V>V1,Sign(C-C1)*V,0),10) <= SUM(IF(V1>V2,Sign(C1-C2)*V1,0),10) 

14. Keltner < - Not working as of 5/4/04 - will update when working correctly.

 

The above two pages (Today's Longs and Todays Shorts):

2,3,4,5,6,7,8,9,10 are set to 0.00

11,12,13,14 are set to True/False

 

New Page titled "New Longs"

Columns:

Label - Formula

 

1. Ticker - Standard - Automatic when create a new page.

2. MACD> - MACDSig(12,26,9) >MACDSig(12,26,9,1)

3. Momentum - Stoc(12,3) >Stoc(12,3,1)

4. Strength - RSI(14,3) > RSI(14,3,1)

5. MACDX Today - (MACDHist(12,26,9) >= 0) AND (MACDHist(12,26,9,1) <0)

6. MACD 3,9,18 X - (MACDHist(3,9,18) >= 0) AND (MACDHist(3,9,18,1) <0)

7. TP MACD Buy - ((MACDHist(12,26,9) >= 0) AND (MACDHist(12,26,9,1) <0)) OR ((MACDHist(3,9,18) >= 0) AND (MACDHist(3,9,18,1) <0)) AND (MACDSig(12,26,9) >MACDSig(12,26,9,1) AND (Stoc(12,3) >Stoc(12,3,1)) AND (RSI(14,3) > RSI(14,3,1)))

8. Buy Signal - (MACDHist(12,26,9) >= 0) AND (MACDHist(12,26,9,1) <0) AND ((ADX(14) <= 38) AND ((ADX(5) > ADX(5,1)  AND (Avg((H + L + C) / 3,3) > Avg((H + L + C) / 3,5)) AND (OBV(100) > OBV(100,1)) AND (DIPlus(5) >DIMinus(5)) AND (DIPlus(14) >DIMinus(14)))

9. All ADX> - (ADX(14) <= 38) AND ((ADX(5) > ADX(5,1)  AND (Avg((H + L + C) / 3,3) > Avg((H + L + C) / 3,5)) AND (OBV(100) > OBV(100,1)) AND (DIPlus(5) >DIMinus(5)) AND (DIPlus(14) >DIMinus(14))

10. MST - MACDSig(12,26,9) >MACDSig(12,26,9,1) AND (Stoc(12,3) >Stoc(12,3,1)) AND (RSI(14,3) > RSI(14,3,1))

11. ADX X > - (DIPlus(5,1) < DIMinus(5,1) AND DIPlus(5) > DIMinus(5))

12. C > MA50 - C >= Avg(c,50)

 

 

 

New Page titled "New Shorts"

Columns:

Label - Formula

 

1. Ticker - Standard - Automatic when create a new page.

2. MACD - MACDSig(12,26,9) < MACDSig(12,26,9,1)

3. Momentum - Stoc(12,3) < Stoc(12,3,1)

4. Strength - RSI(14,3) < RSI(14,3,1)

5. MACDX Today - (MACDHist(12,26,9) <= 0) AND (MACDHist(12,26,9,1) >0)

6. MACD 3,9,18 X < - (MACDHist(3,9,18) <= 0) AND (MACDHist(3,9,18,1) >0)

7. TP MACD Sell - ((MACDHist(12,26,9) <= 0) AND (MACDHist(12,26,9,1) >0)) OR ((MACDHist(3,9,18) <= 0) AND (MACDHist(3,9,18,1) >0)) AND (MACDSig(12,26,9) < MACDSig(12,26,9,1) AND (Stoc(12,3) < Stoc(12,3,1)) AND (RSI(14,3) < RSI(14,3,1)))

8. Sell Signal - (MACDHist(12,26,9) <= 0) AND (MACDHist(12,26,9,1) >0) AND ((ADX(14) >= 13) AND ((ADX(5) > ADX(5,1)  AND (Avg((H + L + C) / 3,3) < Avg((H + L + C) / 3,5)) AND (OBV(100) < OBV(100,1)) AND (DIPlus(5) < DIMinus(5)) AND (DIPlus(14) < DIMinus(14)))

9. All ADX< - (ADX(14) >= 13)  AND (Avg((H + L + C) / 3,3) < Avg((H + L + C) / 3,5)) AND (ADX(5) > ADX(5,1))  AND (OBV(100) < OBV(100,1)) AND (DIPlus(5) < DIMinus(5)) AND (DIPlus(14) < DIMinus(14))

10. MST - MACDSig(12,26,9) < MACDSig(12,26,9,1) AND (Stoc(12,3) < Stoc(12,3,1)) AND (RSI(14,3) < RSI(14,3,1))

11. ADX X < - (DIPlus(5,1) > DIMinus(5,1) AND DIPlus(5) < DIMinus(5))

12. C < MA50 - C <= Avg(c,50)

 

The above two pages (New Longs and New Shorts):

2 to 12 are set to True/False

 

#7 on each of the two above scans are “clicked” to sort those that match to the top of the page.  Use the right mouse key and delete all those below those that match!

 

Two summary pages are created.

 

New Page titled “Scan Long”

 

 

Change

C - C1

 

TLP

((MACDHist(12,26,9) >= 0) AND (MACDHist(12,26,9,1) <0)) OR ((MACDHist(3,9,18) >= 0) AND (MACDHist(3,9,18,1) <0)) AND (MACDSig(12,26,9) >MACDSig(12,26,9,1) AND (Stoc(12,3) >Stoc(12,3,1)) AND (RSI(14,3) > RSI(14,3,1)))

 

Major B

 

(DIPlus(5) >DIMinus(5)) AND (Avg((H + L + C) / 3,3) > Avg((H + L + C) / 3,5)) AND (SUM(IF(V>V1,Sign(C-C1)*V,0),10) >= SUM(IF(V1>V2,Sign(C1-C2)*V1,0),10)

 

Buy Sign

 

(MACDHist(12,26,9) >= 0) AND (MACDHist(12,26,9,1) <0) AND ((ADX(14) <= 38) AND ((ADX(5) > ADX(5,1)  AND (Avg((H + L + C) / 3,3) > Avg((H + L + C) / 3,5)) AND (OBV(100) > OBV(100,1)) AND (DIPlus(5) >DIMinus(5)) AND (DIPlus(14) >DIMinus(14)))

 

60 Day High

 

Max(H,60)

 

60 Day Low

 

Min(L,60)

 

Scan Short

 

Change

 

C-C1

 

TSP

 

((MACDHist(12,26,9) <= 0) AND (MACDHist(12,26,9,1) >0)) OR ((MACDHist(3,9,18) <= 0) AND (MACDHist(3,9,18,1) >0)) AND (MACDSig(12,26,9) < MACDSig(12,26,9,1) AND (Stoc(12,3) < Stoc(12,3,1)) AND (RSI(14,3) < RSI(14,3,1)))

 

Major S

 

(DIPlus(5) <DIMinus(5)) AND (Avg((H + L + C) / 3,3) < Avg((H + L + C) / 3,5)) AND (SUM(IF(V>V1,Sign(C-C1)*V,0),10) <= SUM(IF(V1>V2,Sign(C1-C2)*V1,0),10)

 

Sell Sign

 

(MACDHist(12,26,9) <= 0) AND (MACDHist(12,26,9,1) >0) AND ((ADX(14) >= 13) AND ((ADX(5) > ADX(5,1)  AND (Avg((H + L + C) / 3,3) < Avg((H + L + C) / 3,5)) AND (OBV(100) < OBV(100,1)) AND (DIPlus(5) < DIMinus(5)) AND (DIPlus(14) < DIMinus(14)))

 

60 Day High

 

Max(H,60)

 

60 Day Low

 

Min(L,60)

 

 

When THREE TRUE s from the above scans that match all of the internals direction… it is a VERY GOOD SIGH TO TAKE THE POSITION!  Be sure that those with Two TRUE s, are at or below the lower Linear Regression channel line to buy or at or above the Linear Regression channel line to sell.

 

The Trading Plan and Money Management will reference and use these various settings!