Alex - I loved your scan, (and have one for you) and checked out the results against tomorrow's Wall Street Journal! Looks Good!!
Seriously, I just came up with a scan that picks at least 3-4 day winners at about 80-85%. I have not Looped back weeks and weeks yet, but will soon. The scan is in QPR1, and simply looks for a rising stock with a single big volume surge. Tell me if you get the same results:
//Magic(?) Bullet Scan
loop(-5,-15)
Allgroup
Vol(0)>MovAvg(-1,22,vol)*10
Close(0)>Close(-1)
MovAvg(0,50,cl)>MovAvg(-1,50,cl)
qrs(-1)>80
Suggestions welcomed, but this seems to work remarkably well on the few it turns up. Naturally, I would normally loop this from 0 to -3 to find future risers. |
