juicybitch 4 posts msg #157356 - Ignore juicybitch modified |
8/9/2021 7:46:37 PM
A simple filter for finding Volatility Contraction Patterns (VCP) described by Mark Minervini. It is not perfect. Manual review is still required after filtering.
1. Click on the filter script below.
2. A new window will be opened.
3. In the script window modify the ticker list in the last line, or remove for general scan.
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Mactheriverrat 3,153 posts msg #157357 - Ignore Mactheriverrat |
8/10/2021 2:12:30 AM
Want to find some real runners with high Volatility
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add column Average Day Range(30) above 5.00
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juicybitch 4 posts msg #157363 - Ignore juicybitch |
8/11/2021 12:08:53 AM
You can also some moving averages criteria like:
Close above MA(50)
MA(50) above MA(150)
MA(150) above MA(200)
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wantonellis 161 posts msg #157365 - Ignore wantonellis |
8/11/2021 8:04:55 AM
Here's another one to look at.
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juicybitch 4 posts msg #157370 - Ignore juicybitch modified |
8/11/2021 7:38:09 PM
It is interesting that I can add the Aroon indicator to make sure that the price has not broken out from the base yet.
Also, is interesting that I could convert your filter to weekly and produces interesting results.
In any case, adding suggestions from above:
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