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Strategies & Market Trends : TA-Quotes Plus

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To: gonzongo who wrote (2737)12/21/1997 9:21:00 PM
From: ExCane  Read Replies (1) of 11149
 
Andy-
You know release 2 pretty well, can you answer this- will there be a way to scan for a setup that doesn't occur in a finite # of days, but has a certain appearance? (maybe this can be done in release 1?) For example, I have found that a "wedge" of the 9,21,50 EMA in a liquid stock, if caught before the move, signals a good daytrade or short-term trade waiting to happen. Check MRK and LXK on 11/28 &12/1 for a long or MLHR on 12/15 for a short to see what I mean. I find these charts by accident, but see value in trying to scan for them. Maybe this has all been done before, or is a useless pattern, I still would like to give this a shot. As a scan designer, I couldn't get too far, being digitally challenged(hereditary on my father's side), and really appreciate the help of you and those on this thread. Thanks, and a good holiday to everyone!
-Alex
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