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Strategies & Market Trends : Metastock 6.0 for Window

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To: bdog who wrote (1768)3/26/1998 8:14:00 PM
From: Paul Beattie  Read Replies (2) of 4056
 
Bdog,

I don't have a nice scan for C+H or double bottom. I remember Breakout Joe had a TC2000 scan for cup formations, but it was based mostly on volume patterns. I'll look for it and let you know if I find it.

Using MSWIN6.5, I'd modify Brooke's formula just a bit:

Filter:
AD:=ADX(21);
PerRising:=5; {for example. Set number of periods you want}
AD>25 AND
Sum(AD>Ref(AD,-1),PerRising) = PerRising

BTW, makes me feel good posting this reply to you. I hope it's helpful. Your contributions helped me so much when I first found the TA threads here. Really looking forward to TAOTL. I know it will be as magical as last year in New Jersey. Great people, Great attitude, Great learning!

Cheers,
Paul
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