Hi Doug, I expect QRS makes the difference since it's applicable to current price. I believe Richard uses IBD RS, and adds and purges on a periodicity other than daily <ggg>.
The following is another translation by Kerry L, who hasn't been heard from in months - apparently being swallowed up by either his MBA studies or the Louisiana bayous, or both!
Derek
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Just for the fun of it, here is Richard Estes buybuybuy
scan for quotes plus. The results appear to very similiar.
//Richard Estes Buy, Buy, Buy
AllGroup
(Close(0)/Close(-4))>1.05
Vol (0)>MovAvg(0,62,Vol)
Close(0)>.85*Max(-1,-251,cl)
Close(0)<30
AvgVol(0,-179)>50 |
