bdog,
I have been experimenting with a new scan. It should detect a
downtrend in the RSI. Then a manual look at the charts might
reveal some opportunitys. Of course, this is the 1st iteration
of the scan. Perhaps some wise TAers will kibitiz and suggest
changes. Here is the metastock scan:
Ref(C,-2) <Ref(C,-3)AND Ref(C,-1) < Ref(C,-2) AND C > Ref(C,-1) AND
LLV(V,60) >20 AND HHV(RSI(3),30) <80 AND
HHV(RSI(3),30) < HHV(Ref(RSI(3),-30),30) AND
HHV(Ref(RSI(3),-30),30) >90
what do you think? I have only backtested it on the 15th of June and
the results were encouraging to me.
thanks
collin |
