miketranz
961 posts
msg #155782
- Ignore miketranz |
2/14/2021 9:51:06 PM
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Mansor
78 posts
msg #155789
- Ignore Mansor |
2/15/2021 12:42:00 PM
could you please explain this filter/scanner if you get a chance. Thanks!
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ron22
255 posts
msg #155790
- Ignore ron22 |
2/15/2021 12:43:46 PM
Hi Mike. Thank you for this filter. What criteria do you recommend for entry and exit triggers? Thanks Ron.
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miketranz
961 posts
msg #155801
- Ignore miketranz |
2/15/2021 3:22:22 PM
Just put up this rough pullback filter looking for a high probability entry point keying on the MA (30).Stocks moving up on a 45 degree angle like LC or PENN would make the best candidates.I noticed when RSI drops under 20 or price crosses below MA (30) mean reversion starts to set in.Look to go long either next day or a MA (30) crossover from below.Hopefully someone can tweak it for the 45 angle pitch or the crossover MA from below.This isn't a system by no means.Just looking for a good entry point on high momentum stocks.Best,Miketranz...
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Mansor
78 posts
msg #155806
- Ignore Mansor
modified |
2/15/2021 3:56:58 PM
miketranz - thank you for taking the time to explain your idea behind the filter/sanner & the dips you're searching for
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miketranz
961 posts
msg #155808
- Ignore miketranz |
2/15/2021 7:43:39 PM
My pleasure...
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ron22
255 posts
msg #155829
- Ignore ron22 |
2/16/2021 5:02:26 PM
Mike, thank you for your reply which is very helpful as well as for the filter. Ron
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miketranz
961 posts
msg #155834
- Ignore miketranz |
2/16/2021 7:35:19 PM
Ron,I'm going to be trading this set up in real time with real money.Hopefully something good comes out of it.Thank you for your interest.Miketranz...
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