TheRumpledOne
6,411 posts
msg #42843
- Ignore TheRumpledOne |
4/9/2006 1:05:59 PM
Are these support/resistance lines, trendlines, or a combination of both?
Usually support/resistance lines are horizontal.
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alexgwoodruff
17 posts
msg #42881
- Ignore alexgwoodruff
modified |
4/11/2006 8:38:00 AM
I was thinking of horizontal lines.... I am trying to work out a filter to trade several "key" stocks multiple times over the course of a year. I don't know whether support/resistance would be the way to go or if daily range may be better. I reasoned that daily range would probably not be correct due to different ranges from day to day, whereas I may be able to identify stocks that had traded near both support and resistance several times over the last year. Hope you can help...
Thanks, Alex
Actually as I think about it I imagine that any stock would touch support and resistance over a year... Perhaps I should shorten the time period to 3 months?
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jimmcilrath
7 posts
msg #56113
- Ignore jimmcilrath |
10/28/2007 4:40:40 PM
I don't understand the meaning and significance of "open period". Can you explain?
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fokane
74 posts
msg #56746
- Ignore fokane |
11/14/2007 3:04:17 PM
Hi
Just wondering if anyone can answer chessnut1's question which was:
"Any way to have the resistance lines calculated from the close instead of the high, and the support lines calculated from the open instead of the low?"
Stockfetcher: can you modify S/R to do this?
If not, can you give the source code for the S/R functions so I can try?
Thanks.
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gudway
13 posts
msg #58203
- Ignore gudway
modified |
12/16/2007 4:12:29 PM
Please explain the difference between the 2 below:
They give different results
1.show stocks where Support(30,7,1) > 0
2.. show stocks where Support(30,7,1) slope > 0
I am looking for stocks with a rising Support Trend line
i.e increasing daily or intraday Lows
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