miketranz
961 posts
msg #80251
- Ignore miketranz |
9/28/2009 11:51:12 PM
Can anyone create a filter which finds stocks making a new 6 month high,but never a previous one in that 6 month period,and breaks an upper BB w/50% higher volume than the previous day,and volume must be +200,000.I'm looking for stocks making a move off a low level base.CHIP would be a good example.Any help would be highly appreciated.Thanks,Mike.............
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karennma
8,057 posts
msg #80261
- Ignore karennma
modified |
9/29/2009 8:45:34 AM
Mike:
I'm not a good filter writer, but I do remember many YEARS ago, Muddy wrote a filter re: stocks with NARROW Bollinger Band widths for a certain period of time (3-6 months). The stocks never moved above or below the BBs, then suddenly they'd break out on higher volume.
I'll see if I can find it in the archives.
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miketranz
961 posts
msg #80264
- Ignore miketranz |
9/29/2009 8:51:13 AM
Thank you.Anyone else want to take a shot? Chet,Kevin........
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karennma
8,057 posts
msg #80265
- Ignore karennma |
9/29/2009 9:01:20 AM
Funny thing ...
I just looked in the archives, and I asked the same question FOUR years ago!
LOL!
I don't think I had any success with the BBs. The filter you want is simply one where the stock has remained within a narrow trading range for an extended amount of time.
Anyway ... how about a filter with historical volatility at 0 ....?
That might work.
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trendscanner
265 posts
msg #80305
- Ignore trendscanner
modified |
9/29/2009 7:46:38 PM
I think it might look something like this but since it doesn't return any hits, I can't tell if it's right. Debug thinks it's OK but that doesn't mean it's what you're looking for.
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heypa
283 posts
msg #80311
- Ignore heypa |
9/29/2009 8:48:16 PM
I don't understand writing scans but how can your count criteria and the first line co-exist?
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Cacher
121 posts
msg #80312
- Ignore Cacher
modified |
9/29/2009 8:52:03 PM
Not sure why ....but I believe its the count line is the broblem
this give plenty .....
this gives none...
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Cacher
121 posts
msg #80313
- Ignore Cacher
modified |
9/29/2009 8:55:38 PM
heypa.....you are right they could not co-exist ..the first line would mean the count woulld have to be at least one ... but the second line says the count is less then one ....
... I think programming is meant for you ...good catch.
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Cacher
121 posts
msg #80315
- Ignore Cacher |
9/29/2009 9:22:37 PM
even reducing the filter to show new highs 1 day ago,... each of the resulting stock show "new highs" on the way up (looking at the charts).....
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Cacher
121 posts
msg #80318
- Ignore Cacher |
9/29/2009 9:33:15 PM
ok ... I looked at your CHIP chart ... this simple filter produces simila charts... you can add other criteria ...so its a start.... I could of used price ... but I like volume as a force that speaks louder then price.... :
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