TC2000 Tight Lows Scan

$99.00

The TC2000 Tight Lows Scan is designed to identify a tight short-term cluster of recent lows signaling clear support and an ideal breakdown level to monitor for a trade.

Description

The TC2000 tight lows scan is a great way to find short-term breakdown opportunities in stocks that are trending lower and have repeatedly sold off into support but have not yet broken down.

How this screener works

This scan looks for stocks that are forming a tight cluster of lows over recent bars. We take into account the underlying stocks volatility and average range to get a reasonable measurement of “tight”.

It’s designed to be a bearish scan that will alert traders of a tight consolidation and possible breakdown before the breakdown happens.

The scan also includes a filter to make sure the stock is already in an established downtrend for added confidence in the potential break. This is a bearish scan that is designed for the daily time-frame but it could be adapted for any interval.

Tight Lows Scan CBRl Example

Scan features

  • You must be running Version 23 or higher of TC2000 to use this scan
  • You can easily customize this scan’s settings so you can more accurately target stocks based on your personal preferences
  • Includes easy-to-follow video setup instructions that will have you scanning in no time
  • Built to scan across any timeframe you want
  • Can be combined with additional scan criteria to improve precision

Add to cart

Please note: all sales are final. This is an instant digital download and you will receive the source code immediately upon purchase. We encourage you to contact us prior to check out if you have any questions about this scan or if you would like to see the latest stock results. Thank you for your understanding!

Bundle offer

Get a discount when you purchase this Tight Lows Scan and its bull version equivalent in the Tight Highs Lows Bundle package.

 

Additional information

Product Type

Bearish

Platform

Worden TC2000

You may also like…