StockFetcher Forums · Filter Exchange · Candlestick formation - Piercing Line<< >>Post Follow-up
xplorer
257 posts
msg #27646
Ignore xplorer
8/1/2003 11:28:16 PM

I needed this little addition to my tool chest ... and thought I'd share it.

It offers a significant change to the downtrend mentality and many will reverse or exit their short positions ... kind of like identifying a short squeeze ???

Anyways ... here is my "Piercing Line - (japanese candlestick)":

Fetcher[
set{range1,open 1 day ago - close 1 day ago}
set{avg1,range1 / 2}
set{mid1,avg1 + close 1 day ago}
Show stocks where
close 1 day ago is below open 1 day ago and
open is below the low of 1 day ago and
close is above open and
close is above mid1 and
close is below the open of 1 day ago
]




StockFetcher Forums · Filter Exchange · Candlestick formation - Piercing Line<< >>Post Follow-up

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