Wedges, triangles, and stuff: Chart patterns for breakouts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ftth who wrote (234)	9/24/1997 1:43:00 AM
From: HeyRainier	of 257

Dave, I think that would be a great idea to check for just the horizontal support scans; it would be fairly easy to screen out the excess fluff by eyeballing it--it would make the programming that much easier too. However, I am concerned that too many candidates might pop out. Are you able to incorporate technical indicators into your search criteria as well? I'm asking because if it's possible, do you think you can add along with your scan criteria stocks that have an RSI(14) level above 50 on the weekly charts? I believe it raises the probabilities in our favor that the stock price movement will continue in the desired direction(up). Just a question: are you able to write these scan programs from charting software? Thanks, Rainier

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next