Here is a great post on scans to run for Jeff Cooper setups using Quotes Plus Scanning Software:
Quotes Plus scans:
This one is for general day trading, plenty of volume and volatility.
// NASDAQ.scn
// Select the stocks on the nasdaq exchange
Exchange=NASDAQ
Close(0) > 10 // More than $10
AvgVol(0,-10) > 5000 // greater than 500,000
// end
Run all 13 indicators on the above,
This one is for Expansion Pivots and 180's:
// Near 50 Scan
// Find stocks near their 50 day moving average.
AllGroup
Close(0) >= MovAvg(0,50,cl) *.98 // The close is within 4% of the 50 day ma
Close(0) <= MovAvg(0,50,cl) * 1.02
MovAvg(0,50,cl) > MovAvg(0,200,cl) // 50 day ma is above 200 day ma
MovAvg(0,50,cl) > MovAvg(-5,50,cl) // 50 day ma is up from last week
Close(0)>5 // price more than $5.00
AvgVol(0,-29)>=250 // 25,000
//end
This one is for Expansion Breakouts:
// 50 day Hi Scan
// Find a new 50 day high
AllGroup
Close(0) > Max(-1 , -50 , cl )
AvgVol(0,-30) >= 250 // = 25,000
Close(0) > 5
//end
For expansion breakdowns:
// 50 day Low scan
// Find a new 50 day low
Loop(0,-5)
AllGroup
Close(0) < min( -1 , -50 , cl )
AvgVol(0,-30) >= 250 // more than 25,000
Close(0) > 5 // Stock more than $5
//end
For 123&4's:
// 1234 HR setup
// Scan for Strong Stocks that have been taking a breather
Loop(-3,-5) // go back 3-5 days
AllGroup
Close(0)>Max(-1,-40,cl) //stocks that made a new 40 day high
Close(0) > 8 // at least an $8 stock
AvgVol(0,-29) >= 500 // The average volume is at least 50,000 shares
//end
For Gilligan's islands:
// Find all gaps for the day
AllGroup
Loop(0,-1) //go back 1 day
Low(0) - High(-1) > 0 // This finds any gaps for the day
AvgVol(0,-29) >= 250 // Average volume of 25,000 shares
Close(0) >= 10 // At least a $10 stock
//end
That should keep you busy.
Good Luck and Be Cautious!
Darth Trader |
