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Strategies & Market Trends : Metastock 6.0 for Window
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To: Tigress who wrote (3147)7/2/1999 10:12:00 AM
From: STYK   of 4056
 
Here is an exploration I use for Hammers. The lowest low value for the past 20 days is an attempt to find stocks hammering out support.
An added filter for a large range day might be helpful too, but closing in the top 70% of the days range off of a 20 day low often coincides with an expanded range.

colE>= .7 AND
colF>= .7 AND
L<=LLV(L,20)

Where
colE=(O-L)/(H-L)
colF=(C-L)/(H-L)
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