Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 678.87

-0.3%

Dec 16 4:00 PM EST

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To: Dr. Stoxx who wrote (7137)	5/18/2000 12:04:00 PM
From: DaringDon	Read Replies (1) of 39683

TC: I'm trying to come up with a scan that will do your formula. Please check the following to see if it is what you truly want. This is what I got back from the scan for ALGX. 20 day high 79 20 day low 55 5 day high 69.5 5 day low 59 20 day high minus 20 day low divided by 20 day high .3037 5 day high minus 5 day low divided by 5 day high .1510 .3037 divided by .1510 = 2.0112 The smaller the spread is for 5 days, the higher your final number will be. This doesn't sound exactly like what you are looking for.

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