Aadd 5 posts msg #157801 - Ignore Aadd |
10/7/2021 1:29:19 AM
Hi all,
I need to create a filter that finds stocks formulate bottom above the previous bottom and price starts to bounce.
Thanks a lot
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wantonellis 161 posts msg #157811 - Ignore wantonellis modified |
10/8/2021 6:35:39 AM
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Cheese 1,374 posts msg #157819 - Ignore Cheese |
10/8/2021 3:10:08 PM
https://www.stockfetcher.com/forums/General-Discussion/help-to-create-filter/157801
wantonellis modified 10/8/2021 6:35:39 AM
price bouncing in last 5 days off s a 3 month low that occurred in last 20 days
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Excellent filter.
THANK YOU, wantonellis.
Do you have any suggestions for picks that may have better upward traction than others ?
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wantonellis 161 posts msg #157820 - Ignore wantonellis |
10/8/2021 3:36:43 PM
Do you have any suggestions for picks that may have better upward traction than others ?
There's really no way of knowing the answer to that. You could add day change > 0 to the filter. At least you will know the price has begun to move up. For me, I would put a buy stop above the high and a sell stop below the low. If you get filled and the stock moves up track your stop loss up to lock in a gain. If you get filled and the stock doesn't go your way, you get stopped out with a small loss. For me that would be 1/4 of 1% (0.0025) of total capitol. Good luck.
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Cheese 1,374 posts msg #157821 - Ignore Cheese |
10/8/2021 3:54:11 PM
https://www.stockfetcher.com/forums/General-Discussion/help-to-create-filter/157801
wantonellis 10/8/2021 3:36:43 PM
Do you have any suggestions for picks that may have better upward traction than others ?
There's really no way of knowing the answer to that.
You could add day change > 0 to the filter.
At least you will know the price has begun to move up.
For me, I would put a buy stop above the high and a sell stop below the low.
If you get filled and the stock moves up track your stop loss up to lock in a gain.
If you get filled and the stock doesn't go your way, you get stopped out with a small loss.
For me that would be 1/4 of 1% (0.0025) of total capitol.
Good luck.
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THANK YOU VERY MUCH, wantonellis !
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Aadd 5 posts msg #157917 - Ignore Aadd |
10/23/2021 4:29:20 PM
Thank you all for that
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