Regarding Velocity Long Entry

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@Brijesh-Bhatia
Sir i attended Manthan @ Ahmedabad. you had explained your Velocity Trading System. i had some confusion. pl clarify

1. Create Stock within 10% of 52 week High Group = my query is we have to update group(Stocks) on daily basis or weekly basis or which frequency?
2. Entry Condition = RSI > 50 & MACD Bullish Crossover on 1 hour time frame
   i had created Velocity Long entry in system builder with below conditon
   

Exit Condition - MACD Bearish Crossover

pl check and reply