owltrades
9 posts
msg #66014
- Ignore owltrades |
8/10/2008 4:07:40 PM
Is it possible to include a relative strength for the sector in the filters.
For example show me only those stocks which are in a sector with a relative strength greater than .6
This way I can make a long scan for strong sectors and a short scan for weak sectors. Since we know being in the right sector is half the battle.
Thank you very much for your time.
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WALLSTREETGENIUS
983 posts
msg #66028
- Ignore WALLSTREETGENIUS |
8/10/2008 9:38:55 PM
owl -
You cant run screens for actual sectors, but just turn your sectors into ETF's like this...
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This should cover pretty much most of your sectors....
RIGGS
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klynn55
747 posts
msg #66036
- Ignore klynn55 |
8/10/2008 11:29:10 PM
Riggs: do you think the rsi2 should be weekly ? perhaps show a daily and weekly, would monthly hurt also ?
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WALLSTREETGENIUS
983 posts
msg #66040
- Ignore WALLSTREETGENIUS
modified |
8/11/2008 1:51:31 AM
Klynn -
First, "monthly" scans don't exsist yet. Hopfully they're on the way. Secondly, Index & ETF charts aren't like stocks. They are very predictable because they're usually not heavily traded like most stocks. When you see a reversal candle...it usually reverses....etc. But yes, a "weekly" scan never hurts. Just add to the filter...
..."chart-display is weekly"...and "chart-time is 1-year".
RIGGS
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owltrades
9 posts
msg #66056
- Ignore owltrades |
8/11/2008 12:24:49 PM
Thank you very much
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WALLSTREETGENIUS
983 posts
msg #66086
- Ignore WALLSTREETGENIUS |
8/11/2008 5:04:03 PM
You got it man....
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