StockFetcher Forums · Filter Exchange · the nr7 pattern definition<< >>Post Follow-up
jimhsu
14 posts
msg #29325
Ignore jimhsu
10/15/2003 12:45:41 AM

set{nr1,high 6 days ago-low 6 days ago}
set{nr2,high 5 days ago-low 5 days ago}
set{nr3,high 4 days ago-low 4 days ago}
set{nr4,high 3 days ago-low 3 days ago}
set{nr5,high 2 days ago-low 2 days ago}
set{nr6,high 1 days ago-low 1 days ago}
set{nr7,high-low}
nr7 < nr6 and nr7 < nr5 and nr7 < nr4 and nr7 < nr3 and nr7 < nr2 and nr7 < nr1 and
Average Volume(90) is above 20000
60-day slope of close is greater than 0
and Average Volume(7) has been decreasing over the last 5 days
and close is between 1 and 250
and low 1 day ago is lower than high
and 7-day slope of close is near 0
and date offset is 0

--

This is the NR7 price pattern given on http://hardrightedge.com/tour/spring.htm.

Observe that matches usually *START* a strong uptrend or downtrend. I tried to filter out the downtrends, but members here might do better.

Note that absolutely no indicators (except for volume and slope) are used. This is purely price pattern matching.


StockFetcher Forums · Filter Exchange · the nr7 pattern definition<< >>Post Follow-up

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