medowz 59 posts msg #83089 - Ignore medowz |
11/15/2009 12:37:19 AM
here's a different interpretation ....
Set{MA24,CEMA(CLOSE,24)}
set{SD,cstddev(CLOSE,24)}
set{SD24,.8 * SD}
add column SD24
do not draw sd24
set{JP_CLOUD_TOP,MA24 + SD24}
set{JP_CLOUD_BOTTOM,MA24 - SD24}
SET{JP_CLOSE,CLOSE}
DRAW JP_CLOUD_BOTTOM ON PLOT JP_CLOUD_TOP
DRAW JP_CLOSE ON PLOT JP_CLOUD_TOP
CLOSE ABOVE 40
Average Volume(90) ABOVE 1000000
draw RSI(2) on plot weekly rsi(2)
draw IFT(5,9)
add column IFT
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chetron 2,817 posts msg #83090 - Ignore chetron |
11/15/2009 8:51:36 AM
clickable...
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vpatel6 4 posts msg #83099 - Ignore vpatel6 |
11/15/2009 4:18:42 PM
Please send me that scan Filter gives good results, To :- pvithal@in.com Thanks.
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medowz 59 posts msg #83100 - Ignore medowz |
11/15/2009 4:22:18 PM
Chetron,
I'm liking this. Thanks! How would I further filter for those stocks either above the Cloud Top or below the Cloud Bottom?
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chetron 2,817 posts msg #83102 - Ignore chetron |
11/15/2009 5:02:49 PM
JUST THAT....
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medowz 59 posts msg #83109 - Ignore medowz |
11/15/2009 8:08:42 PM
That's fantastic! I should've been able to figure that out. I got the idea now. Thanks again.
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kklev 5 posts msg #83261 - Ignore kklev |
11/19/2009 8:58:49 PM
Hello, I am new and confussed by this filter. What does it scan for? Thanks
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medowz 59 posts msg #83264 - Ignore medowz |
11/19/2009 11:06:10 PM
Not being much of a statistician, I'm thinking it filters the 24 day standard deviation of price. It's like the overlay study of Keltner Bands except it doesn't use ATR, it uses standard deviation, plus it's a lower study. I can visualize standard diviation better than I can ATR. Google "standard deviation" for a good definition and demonstration of SD. I'm afraid I'd butcher that for you. Cheers.
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johnpaulca 12,036 posts msg #83265 - Ignore johnpaulca |
11/20/2009 12:26:36 AM
This is an awesome filter when used correctly. Chet, it looks allot like my Billy60.
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kklev 5 posts msg #83266 - Ignore kklev |
11/20/2009 1:56:32 AM
Is it wrong to ask how it's used and what exactly does to show?
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