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TC2000 Screening Method

By: Alson Chew

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 1
SCREENING, CHARTING & TRADE EXECUTION

Recall for Swing Trading


Consider either 1yr 2D or 4yrs 1Week time frame

Thinkorswim (TOS)
- Have access to 1yr 2D and 4yrs 1Week time frame

TC2000
- Have access to 1yr 2D and 4yrs 1Week time frame

Tradingview
- Have access to 1yr 2D and 4yrs 1Week time frame. However, the sequence of the 2D is difference
from TOS and TC2000.

With TOS Access Without TOS Access

Screening 1. Thinkorswim (TOS) 1. Consider TC2000


2. TC2000 (Optional)

Charting 1. Thinkorswim (TOS) 1. Consider TC2000

Trade Execution 1. Thinkorswim (TOS) 1. Consider Interactive Brokers (IB)


2. Interactive Brokers (IB) - Using Webtrader

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 2
TC2000 SCREENING METHOD

In this lesson, we will learn how to screen for stock opportunities using TC2000.

https://www.tc2000.com/

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 3
TC2000 SCREENING METHOD

In this lesson, we will learn how to screen for stock opportunities using TC2000.
I am using Gold Plan for TC2000 which comes with the EasyScan function. You will need EasyScan
function in order to do your stock screen in TC2000.

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 4
TC2000 SCREENING METHOD

In this lesson, we will learn how to screen for stock opportunities using TC2000.

Final layout in TC2000

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 5
TC2000 SCREENING METHOD

In this lesson, we will learn how to screen for stock opportunities using TC2000.

Scripts for Bullish/Bearish FS and UR/DR Types


1. Bull-FS-PAM-TC2000
2. Bear-FS-PAM-TC2000
3. UR-PAM-TC2000
4. DR-PAM-TC2000

We will create separate 2D and Week Time Frame for


each of the above scripts and hence in total we will have 8
conditions as shown on the right

Additional Script required to filter for average volume > 100k


1. Average-Volume-PAM-TC2000

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 6
MONITORING MARKET MOVING NEWS

RECAP and IMPORTANT NOTE

 For swing trading stocks, trader is advised to use 1 year 2D or 4 years 1 week time frame.

 For swing trading stocks using 4 years 1 week time frame, note that the buffer (entry and SL
distance) is much higher and hence it is up to the discretion of the trader whether to hold or
exit the trade before earnings. Strictly for 1 year 2D, all trades must be closed before earnings
announcement as the buffer (entry and SL distance) is lower.

Example today is 1st April 2021 and there is an earnings announcement due on 10th April 2021,
we only have around 10 days for the trade before earnings. Therefore, trader trading 1yr2D chart
is advised to skip the trade. Trader trading 4yrs1W chart can still consider taking the trade but
must be willing to accept the earning risk as well.

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 7
MONITORING MARKET MOVING NEWS

WHAT IF I HAVE MANY STOCK OPPORTUNITIES?

How many open positions depends on these few factors


1. Existing open positions
If your restaurant is full, then no matter how many customers you have, you cannot accept them
in until the existing dinners are done

2. Confidence level
Trader is advised to open up to max 5 positions at any one time.
If confidence high -> Open 3 to 5
If confidence low -> Open 1 to 2
Unsure -> Allow existing positions to hit feedback and stay out for time being

3. Similar Industry
Choose max of 2
Example, if you have JPM, GS, BAC, MS. Choose max of 2 from banking industry.

4. Priority for fundamentally strong companies


Usually within the S&P500, excludes oil & gas, airlines and bio-technology

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 8
TC2000 Screening Method

By: Alson Chew

Copyright © 2021 Adam Khoo Learning Technologies Group Pte Ltd. All Rights Reserved. 9

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