ds2007 15 posts msg #54268 - Ignore ds2007 |
8/21/2007 7:02:50 PM
I have had best success at trading stocks that drop 4% - 8% over a period of a few weeks, then consolidate in a narrow range of 1 - 2% over a few/several days, then sell the breakdown.
I have tried to scab a formula together, but my programming skills stink. I don't get the results that mirror the pattern I am looking for.
Any takers that will do the programming.
If such a formula exists anywhere in the forum, I can't find it.
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msummer2007 129 posts msg #54269 - Ignore msummer2007 |
8/21/2007 7:28:58 PM
Ds2007 Try this
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ds2007 15 posts msg #54270 - Ignore ds2007 |
8/21/2007 7:50:25 PM
Thanks msummer2007, that gets me well on my way. The results show stocks that are basing for the next leg down. I am shooting for the trading strategy that stocks will often drop 50% of their overall move, base for a period, then move the remaining 50%. I should have said that up front to help with the filter, but you got the intent for sure.
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msummer2007 129 posts msg #54271 - Ignore msummer2007 modified |
8/21/2007 8:26:09 PM
DS2007 Your welcome. I changed the filter slightly, maybe this will work better.
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