Jack:
This is based on Richardson's idea.
In TC2000 Easyscan script:
((((MAXC30.240-MINC30.240) + (MAXC30.210-MINC30.210) + (MAXC30.180-MINC30.210) + (MAXC30.180-MINC30.180) + (MAXC30.150-MINC30.150) + (MAXC30.120-MINC30.120) + (MAXC30.90-MINC30.90) + (MAXC30.60-MINC30.60) + (MAXC30.30-MINC30.30) + (MAXC30-MINC30)) /(MAXC270- MINC270)) > 4.5) AND (AVGC21 > 10) AND (AVGC21 < 200) AND (AVGC21*AVGV21 > 80000)
MaxC30.240 -- Max close price in a period of 30 days, start from 241 days back
MinC30.240 -- Min close price in a period of 30 days, start from 241 days back
AvgC21 -- Average close price in 21 days < 200 -- less than $200
AvgV21 -- Average volume in 21 days V -- volume in 100-share
The numbers 30, 240, 30, 210, ..., 4.5, 21, 10, 200, 80000, are parameters to be selected by the user.
Trendline indicators follow the trend. However, the divergence indicators often come before the trendline indicators.
Julius
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