StockFetcher Forums · Filter Exchange · Please help me with this Volume Scan Filter.<< >>Post Follow-up
moby
314 posts
msg #90262
Ignore moby
3/24/2010 5:09:34 PM

Hi,

Can someone please help me with this volume scan. Thanks very much.



To get a buy signal, a test is needed of a previous swing low and the volume must shrink by 8 percent or more,

and then close back above the previous low.

This condition will trigger the buy signal.

A test means breaking the previous swing low to prove the point.




chetron
2,817 posts
msg #90268
Ignore chetron
3/24/2010 6:59:06 PM

MAYBE.....

Fetcher[

SET{VAR1A,LOW 1 DAY AGO}
SET{VAR1B,LOW 2 DAY AGO}
SET{VAR1C,VOLUME 1 DAY AGO}

SET{VAR1,COUNT(VAR1A BELOW LOW,1)}
SET{VAR2,COUNT(VAR1A BELOW VAR1B,1)}
SET{VAR3,VAR1 * VAR2}
SET{VAR4,VAR3 * LOW}
SET{VAR5,VAR1C * 0.92}

VOLUME BELOW VAR5
VAR3 CROSSED ABOVE .5 WITHIN LAST 2 DAY
VAR3 BELOW .5
LOW REACHED NEW 8 DAY LOW
CLOSE ABOVE VAR4 3 DAY HIGH 1 DAY AGO



]





moby
314 posts
msg #90270
Ignore moby
3/24/2010 8:01:41 PM

Thank you very much Chetron. What a talent and so generous with your time and knowledge. It is very much appreciated.
Have a nice day :)

chetron
2,817 posts
msg #90273
Ignore chetron
3/24/2010 8:26:58 PM

YOU ARE VERY WELCOME.

StockFetcher Forums · Filter Exchange · Please help me with this Volume Scan Filter.<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.