Opher50 5 posts msg #158491 - Ignore Opher50 |
2/1/2022 2:36:11 AM
Hey Fellas,
I've looked around a bit and couldn't find complete answers.
I'm trying to theoretically Identify high tight flags, where the criterias for me are:
- Stock price 2 weeks ago has gained between 60 and 120% in the last 50 corresponding days
- Stock has been trading in a channel between 2 and 4 weeks after that fly high
I'm having trouble with mainly configuring the channel as it does not seem to like "trading between 5 and 15 day channel" for example.
Other silly questions:
1. Can you mark on the chart the exact date of a match? For example, i'd love to see the first point on the chart (price 2 weeks ago following the 50 days rise).
2. This might be complete idiotic but for the sake of my chillness. If I click "Fetch Stock, 1 Month ago" does it not fetch all stocks that match the pattern the last month??
Thanks!!
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Opher50 5 posts msg #158492 - Ignore Opher50 |
2/1/2022 5:21:47 AM
I found a fairly good description for the criterias that need to be met:
ADR (Average Daily Range) above 5%
Price X% greater than Y days ago (1 month, 3 month, 6 month scanners)
Price within 15% of 6 day high
Price within 15% of 6 day low
$Volume (close * volume) greater than 3,000,000
Listed Stocks Only (No OTC, etc.)
1 Month: 25% Greater than 22 Days ago
3 Month: 50% Greater than 67 Days ago
6 Month: 150% Greater than 126 Days ago
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Opher50 5 posts msg #158500 - Ignore Opher50 modified |
2/1/2022 11:42:57 AM
This is where i'm standing.
Caught up some really nice tight plays!
MOS, CF etc
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