Help coding 3/8 Trap Easy Scan from TC2K

samerjb

New member
Dear friends: Happy new year :)

I started following the pop out of the box (Darvas Box) strategy & found the best teachings are those of Doug Campbell's from Right Way Options.
He uses TC2000 to scan for the 3/8 Trap. I would be grateful if anybody can reverse engineer his scan for ToS.
L <= XAVGC8 and C > XAVGC8 and (C < XAVGC3.1) or (C < XAVGC3.2) or (C < XAVGC3.3)

I searched for a day but found nothing floating in the public think scripts.

Here is some decoding to make things easier:

L = Today's low price
C = Closing price today
XAVGC = Exponential Moving Average of Close/Last Price
Parentheses will force an operation to perform earlier in the order.

Thanks a ton for helping out.
Sam
 
Hi , I tried to scan Long Entry scan code you provided. For some reason just see 3/8 trap that already occured 3-4 bars prior. How can i get that is currently trapped ? Any thoughts ? I am using on daily charts. Thanks !
can you define what would you consider a trap with specific conditions, so I may try to take a look? I've been playing with several 3/8 experiments. I have to check my scans, as I haven't been using them for a while.
 

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can you define what would you consider a trap with specific conditions, so I may try to take a look? I've been playing with several 3/8 experiments. I have to check my scans, as I haven't been using them for a while.
Did you know that clicking on a member's name will allow you to see when a member was last seen on the uTS forum? @Trader2021 has not been seen in a while. :(
 

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