Sideways breakout filter - StockFetcher.com Stock Screener

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Sqwii 160 posts msg #85619 - Ignore Sqwii	1/6/2010 3:52:15 AM Hi everybody ! I am curious if anyone in here know how to make a simple filter which indicates a sideways action with accumulation going on for several weeks? As an example take a look at the chart of RNN, these types of charts or INSM... where there is sideways action for a long while. Anyone knows how to make a simple filter for finding these ? Thanks a lot !
four 5,087 posts msg #85651 - Ignore four	1/6/2010 2:31:41 PM perhaps... Fetcher[ set{channeltop, 5 day high 2 days ago} set{channelbottom, 5 day low 2 days ago} and draw channeltop on plot price and draw channelbottom on plot price close > 1 close > open volume > 1000000 close > channeltop open < channeltop ] See Channel/Consolidation Examples

StockFetcher Forums · Filter Exchange · Sideways breakout filter

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