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Strategies & Market Trends : TA-Quotes Plus

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To: gonzongo who wrote (2491)11/26/1997 12:42:00 AM
From: shasta23  Read Replies (2) of 11149
 
HI ANDY!

I'm in the learning process of TA. Read all the post on your Homepage and everything on this Q+-thread and the METASTOCKthread. Also have now 2800 out of>7000 of the TA beginners thread done. Great minds!! Still long way to go though and my brain is already signaling "system overload"!!
Since i have Q+ and MSWIN only 4 weeks now i'm still very weak with writing my own scans.I copied everything into my program from BBB to stochrsi scan. But i also have some ideas but am still unable to implement them. I'm looking for stocks who rest near their 50MA for a couple of days because it seems to me that after this resting period you get often nice breakouts. Problem is i don't know how to write something like that. I can look for a close in the last seven days above their 50 ma [(CLOSE(-1,-7)>=Movavg(c,50)] but i don't know how code something like that the price stays in a 2% range(above and below) the 50 MA during this time period.
i thought of something like
Min(-1,-7)>=movavg(c,50)*.98
Max(-1,-7)<=movavg(c,50)*1.02

i haven't done any real testing with the %ages! Could you give me any tip if my thinking goes in the right direction or what i need to do differently?

Thanks in advance!

Stefan
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