raven4ns 23 posts msg #33364 - Ignore raven4ns |
9/23/2004 8:29:35 PM
Hello Mistry,
Thank you, that's an interesting solution. Is it possible to use that filter but on weekly prices or charts? I tried going out beyond 100 days but filter wouldn't let me. I was thinking about longer time frames as well as daily charts or prices. Thank you again.
Tim
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mistry 11 posts msg #33366 - Ignore mistry |
9/23/2004 10:09:13 PM
Hi Tim,
Not sure if this is the filter you want for weekly data ..
historical volatility(60,1) is above 40 and
weekly price between 20 and 200 and
average weekly volume is above 500000
Bollinger Oscillator crossed below -100 in last 1 week
and price is increasing in last 1 day
and draw Bollinger Bands(20)
You may need to play with the numbers a little.
Note that I added the line about price increasing .. this is to make sure that
the price is turning up positivley - however, this is no gurantee that it will continue upwards - it could drop again before coming back up.
Maybe you can explain why the weekly chart is more important and why not use daily data.
Good Luck
Nat
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raven4ns 23 posts msg #33376 - Ignore raven4ns |
9/24/2004 5:46:01 PM
Hi Nat,
It's to get a look at the weekly data and compare it to the daily. If the weekly is coming down or is overbot then any rally on the daily isn't likely to go too far. It's really just another check for me as I want as much going for the trade as I can get. If you're getting both daily and weekly looking good then it shud be a reasonable trade. Thank you for your help, you and Xplorer have been very generous with your help and time.
Regards,
Tim
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