jkiehle
13 posts
msg #33161
- Ignore jkiehle |
9/6/2004 1:24:22 PM
I was looking for a way to filter for stocks that have no channeling and a minimum range over an extended period. This is for churning money. My goal is to have a portion of my money return a consistent 2-3% everyday. These are unexciting stocks that will easily do that. Be careful to watch the overall market trends as you can easily miss if you don't. These need to be tended to daily.
set{delta, high - low}
set{ratio, delta / close}
set{ematest0, ema(5) - ema(2)}
set{ematest1, ema(10) - ema(5)}
set{ematest2, ema(15) - ema(10)}
set{emavar1, ematest0 + ematest1}
set{emavar2, emavar1 + ematest2}
set{avgemavar, emavar2 / 3}
set{growvar, delta / high}
Show stocks where Average Volume(30) is above 100000
and close is between .03 and 20
and abs(avgemavar) 11 day high is below .01
and delta 11 day low is above .02
and growvar 11 day low is above .03
the avgemavar controls the swing
the delta controls the range
the growvar does the same as the delta only it is by percentage
Live long and prosper.........
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