se
3 posts
msg #146784
- Ignore se |
3/3/2019 7:45:22 PM
Hi I am a newbie. My interest lies in finding stocks that move up and down within a channel. I tried the following but I wonder if this is even the right approach?
set{rHi, top linear regression line(ch)} /* ?? get value of top regression channel */
set{rLo, bottom linear regression line(ch)} /* ?? get value of bottom regression channel */
set{countHi, count(high is near rHi,100)} /* count occurances high is near top channel */
set{countLo, count(LOW is near rLo ,100)} /* count occurances low is near BOTTOM */
do not draw Top Linear Regression Line(100,.5)
do not draw bottom linear regression line(100)
draw Top Linear Regression Line(50,.5)
draw bottom linear regression line(50)
add column countHi
add column countLo
sort column 4 ascending
chart-length is 100
countHi > 4 and countLo > 1
and close is between 5 and 30
and the average volume(90) > 1000000
I have also tried this approach:
set{tx, 5}
set{HH, count(high equal high 50 day high, 50)}
set{ll, count(low equal low 50 day low, 50)}
show stock where
hh > tx and ll > tx
and add column hh
and add column ll
and do not draw the 10 week high
and do not draw the 10 week low
and do not draw hh
and do not draw ll
and do not draw tx
add do not draw 10 week high
add do not draw 10 week low
add 10 week low
and the 50 day high is less than the 102 percent of the 100 day low
and chart-length is 200
and close is between 5 and 30
and the average volume(90) > 1000000
sort column 4 descending
draw Top Linear Regression Line(50,.5)
draw bottom linear regression line(50)
But I realize that I don't know how to force the regression lines to span the full chart.
Thank you very much for your help, SE.
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