Systrader 56 posts msg #57306 - Ignore Systrader |
12/1/2007 3:30:19 PM
Appreciate some help to locate stock that follow this pattern for a bullish move up.
The pattern below occurs within a 14 day window
specifically anytime in the last 14 days till a max of 5 days ago.
This is the 1st stage.
Low 2 days ago is below low 3 days ago
Low 1 day ago is above low 2 days ago
close is above high 3 days ago
close is above 20
It can be considerd as an alert signal at this stage.
The actual buy entry will be triggered when the same pattern occurs
in the current timeframe within the last day or so.
Can someone please help to get the time window factored in for the last 14 days.
Thanks
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TheRumpledOne 6,411 posts msg #57309 - Ignore TheRumpledOne modified |
12/1/2007 5:23:28 PM
I am not sure exactly what you want.
A "1" means all 4 tests were true.
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TheRumpledOne 6,411 posts msg #57310 - Ignore TheRumpledOne modified |
12/1/2007 5:40:19 PM
*** WORK IN PROGESS ***
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nikoschopen 2,824 posts msg #57311 - Ignore nikoschopen |
12/1/2007 5:47:47 PM
I don't understand what's meant by "specifically anytime in the last 14 days till a max of 5 days ago". Does that mean that the pattern must occur within the last 5 days? If so, what's the need for the 14-day window? At any rate, here's what ure looking for:
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TheRumpledOne 6,411 posts msg #57312 - Ignore TheRumpledOne modified |
12/1/2007 5:54:21 PM
Thanks for the idea niko!!
If column check is above 1 then the conditions occurred more than once in the past 14 days.
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nikoschopen 2,824 posts msg #57315 - Ignore nikoschopen |
12/1/2007 6:28:21 PM
TRO,
I just stumbled upon this from an earlier thread the same poster made:
I am looking for a candle stick pattern that looks like a 'V" , much like a morning star, but only looking at lows within a 3 day period.However , either on the 4th , 5th or 6th day following , I need to see that low , to be above the high of the 1st day of the V pattern.
Since I am waiting for the situation when the candle stick low breaks above the high at the start of the V , this requires an OR in the pattern test.
Naturally, this calls for a complete change in the above filter.
P.S. Since the 3-day reversal must occur BEFORE the second condition that requires the low of the subsequent bars to be above the high of the 3-day reversal, you'll want to use the DAYS() function rather than the COUNT() function.
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TheRumpledOne 6,411 posts msg #57319 - Ignore TheRumpledOne modified |
12/1/2007 10:20:30 PM
*** work in progress ***
USING ALL LOWS
I added my volume display... looks like hits by this filter coupled with moves on volume could be profitable.
HTH.
P.S. SSTP looks interesting for you penny stock traders.
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TheRumpledOne 6,411 posts msg #57321 - Ignore TheRumpledOne modified |
12/1/2007 10:36:21 PM
Niko, are you playing STUMP THE RUMP?
LOL!
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Systrader 56 posts msg #57372 - Ignore Systrader |
12/2/2007 1:49:53 PM
Thanks for the fast responses both to Niko and Rumpled One.
To clarify:
"I don't understand what's meant by "specifically anytime in the last 14 days till a max of 5 days ago".
Here goes ..
The pattern is used the 1st time to be an alert. It takes a minimum of 4 bars to complete this.So if this pattern reoccurs immediately after then this would be another 4 bars, but not absolutley necessary - it could occur anytime after the 1st occurrance upto a maximum of 14 bars from the beginning of the 1st pattern.
So we wait for this same pattern to reoccur again and this is allowable to occur immediately after in the 5th bar or any time upto the 14th bar.
The second occurance becomes an entry trigger when the candle
exceed the 3 days ago high.
I hope this is clearer.
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nikoschopen 2,824 posts msg #57380 - Ignore nikoschopen |
12/2/2007 3:56:24 PM
Well, run the second filter I wrote above and see if that meets ure criteria. Feel free to write back on what you think is lacking.
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