p0op0op
15 posts
msg #39305
- Ignore p0op0op |
12/3/2005 2:37:12 PM
I'm trying to develop a filter that screens for flat bases. Lenght in time, run-up, price do not matter at this point. Anyone have an idea of how to do this. One example of what I'm looking for is THOR. Prior to this weeks break out, it exibited a nice looking flat base.
thanks,
-C
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rharmelink
81 posts
msg #39372
- Ignore rharmelink |
12/5/2005 2:20:58 AM
One thing you may want to add to TRO's script in the other thread is a measure of standard deviation over the time frame you're looking for the base.
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p0op0op
15 posts
msg #39375
- Ignore p0op0op |
12/5/2005 6:44:11 AM
At the risk of sounding like a lazy idiot...
Do you have an idea of the kind of script you're talking about. Is this a "canned" filter that I can find? Any help here would be greatly appreciated -thanks.
-C
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drew9
171 posts
msg #39384
- Ignore drew9 |
12/5/2005 1:08:14 PM
p,
Here is one you may try for a starting point. It does not backtest real well but can help you to manually pick out channeling stocks and follow them.
100-day Channel approaching Bottom and close above 3
and Average Volume(30) is above 100000
and add column RSI(2)
and add column Bollinger %B(20,2.0)
and draw RSI(2)
Regards,
Drew
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as214
184 posts
msg #39385
- Ignore as214 |
12/5/2005 2:21:27 PM
Try BREAKOUTWATCH.com.. He has screens for cup n handle, double bottom, flat base, and base.. Made me alot of money!!
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takbir
3 posts
msg #39739
- Ignore takbir |
12/22/2005 10:23:17 PM
IBD Style flat base breakout:
Some one wrote article about this on Dec 20,05. How does one write a formula.
Can someone help
Thanks
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