Chikou Span line? - StockFetcher.com Stock Screener

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Rock Sexton 111 posts msg #93472 - Ignore Rock Sexton	6/3/2010 11:08:12 PM Anyone have a filter for creating the chikou span line ..... I've been using a filter that was posted on here for Ichimoku, but it doesn't have one.
four 5,087 posts msg #93473 - Ignore four	6/3/2010 11:41:54 PM Fetcher[/* For longs: */ Show stocks where volume is above 500000 close 1 days ago is below close 27 days ago close is above high 26 days ago set{CS, DMA(1,-26)} draw CS on plot price] http://forums.stockfetcher.com/sfforums/?q=view&tid=76898&start=10 .the Chikou is just today's Close plotted backward 26 days (ie. a 26 day MA of the current Close displaced backward 26 days) ! The idea behind it is to give you an "at a glance" read on sentiment. ----- If the Chikou is hovering ABOVE the price plot...that tells you that TODAY'S price is ABOVE the price 26 days ago...so sentiment is positive ! If the Chikou is hovering BELOW the price plot...that tells you that TODAY'S price is BELOW the price 26 days ago...so sentiment is negative ! ----- http://forums.stockfetcher.com/sfforums/?q=view&fid=1002&tid=76898&qrid=&isiframe=

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