acfncp3 59 posts msg #92880 - Ignore acfncp3 |
5/18/2010 6:41:02 PM
I've been learning some interesting patterns from Dave Elliot. He has this idea of a setup where the rsi(2) or CCI (5) forms a flat line ... the object is to then look for a "hockey stick" pattern to be formed. An example of this would be aapl during 4/21 and 4/23 on the rsi(2). as well as 5/10 to 5/12 with a slightly ascending but flat line on the rsi(2) , the cci (5) is also forming an almost flat line.
Is there a way to have SF search for stocks with this pattern.
Thanks ahead of time,
Bill
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acfncp3 59 posts msg #93071 - Ignore acfncp3 |
5/23/2010 7:14:07 PM
I did a search on the word flat and modified this code from tomb in 2004 to look for a flat rsi(2) line based on the slope of the line. The idea is that from here a high stick or low stick would be formed and tell the direction of the stock's next move. ... hope you find it interesting.
Bil
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acfncp3 59 posts msg #93072 - Ignore acfncp3 |
5/23/2010 7:15:39 PM
stocks are optionable
close above 20
show stocks where close is below resistance(65,10)
and slope of rsi(2) is between -0.001 and 0.001
and close is above 10
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