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Temperature Scan

Written by Administrator Monday, 31 July 2006 10:00
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The Temperature scan, searches for when an x period Temperature does the following...

Temperature Criteria

  • Crosses above a particular value or
  • Crosses below a particular value or
  • Turns down in direction while below the specified value or
  • Turn up in direction while above the specified value

Properties

The above settings would scan for a 15 Period Temperature Crossing Above a Value of 2. The scan would be applied to a Daily chart.

Period

Select the Temperature period (bars) that the scan will be looking for. If this were set to 15 it would search using a 15 period Temperature.

Value

This is the setting for the value that the Temperature must cross above or below. If this were set to 2 it would look for when the Temperature crosses either below or above the 2 value.

Type

  • Crosses Above Value
    Select this option to scan for when the Temperature crosses above the value specified in the Value field.

 

  • Crosses Below Value
    Select this option to scan for when the Temperature crosses below the value specified in the Value field.
  • Turns Up - Below Value
    Select this option to scan for when the Temperature begin to climb in value while below the specified Value.
  • Turns Down - Above Value
    Select this option to scan for when the Temperature begins to decrease in value while above the specified Value.

Period Type

This setting sets the period type to use when calculating the Temperature. For example, by selecting Daily the Temperature will be calculated off a day bar period (a daily chart), if it was set to Weekly, it would be calculated off a Weekly bar period (a weekly chart). You can select from the following options.

  • Daily
  • Weekly
  • Monthly
  • Yearly
Last modified on Thursday, 29 April 2010 09:40
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