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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Bob Jagow who wrote (29927)6/2/1999 2:18:00 AM
From: milesofstyles  Read Replies (3) of 79214
 
bob

here's a set of the mimbo scan hits, this particular one is set up for 32 week segments if i'm not mistaken, the 13 week segment, an o'neilian type of base thingy had 75 hits. i think this scan could be adjusted to find the bo's off the base, but that wasn't the original intent based on the mimbo criteria at the time. the mimbo's requiring 2 peaks such as axc displays, and thus bdog's mention of the possibility.what yer after is referred to as the mim, methinks.
here's the scan...yeah, this is it, basic as hell, but works, sumtimes,lol, but there are some recognizable ones from the mimbo folio...not that they are late as of this run, but have also hit on previous occasions and the mimbo is a long term play.

if someone cuts and pastes on the internet and no one hears it, did that someone really cut and paste?

for your purposes, i would add a min calculation equivalent,point e, in time frames to b and c.then create a calculation that sed max and mins are within say 20pct of each other. this would guarantee the channel effect and is probably sumtin that should be added to this as well, then you could require pt a to be no greater than say +/- 5pct of the channel maximums created by b and/or c, thus catching the bo's and prepping you for upcoming bo's...

***this is the test i bleev for the first peak, flip the sign to create a longer channel, and of course, i play with the time frames so that i have 4 different mimbo scans. i doubt you'll need any further help creating what yer after, but if ya do, lemme know and i'll whip up what i'm yakking about, if ya do get the idea, drop me yer final result will ya?

output="mimbo3.lst";

exchange=AMEX,NASDAQ,NYSE;
issuetype=common;

weekly;
float pointa, pointb, pointc, pointd, pointe;

pointd:=max(-96,-300,hi);
pointc:=max(-65,-96,hi);
pointb:=max(-32,-64,hi);
pointa:=max(-1,-32,hi);
pointe:=min(-32,-64,lo);

if pointa > pointb then
if pointb > pointc then
if pointb/pointc > 1.1 then //***
if pointd/pointa > 1.99 then
if pointe < pointa then
if pointc < pointd then
println symbol," ","pointa ", pointa, "pointb ", pointb;
endif; endif; endif; endif; endif; endif;

AKLM pointa 13pointb 8.1875
AMEP pointa 12.3125pointb 10.625
ATEC pointa 11.5pointb 10.75
BLSI pointa 10.75pointb 8.9375
CESH pointa 6pointb 5.25
CN pointa 1.5pointb 1.125
CPLY pointa 12pointb 11.375
FTUS pointa 19.125pointb 11.0966387
GTIM pointa 4.125pointb 3.75
HMGC pointa 4.8125pointb 2.25
INTA pointa 7.4375pointb 4.5
JMCGC pointa 2.0625pointb 1.875
KAP pointa 8.75pointb 5.25
LACI pointa 3.3125pointb 2.5625
LMLP pointa 5.0625pointb 3.34375
MNTG pointa 3.75pointb 3.625
MR pointa 5.5pointb 3.625
NTRX pointa 4.375pointb 3.5
ONPR pointa 5.75pointb 4.5
PLAY pointa 6.890625pointb 5.75
PLI pointa 3.625pointb 2.25
PRX pointa 8.4375pointb 6.6875
RAYS pointa 17pointb 13
TACO pointa 10.875pointb 7.25
TRR pointa 5.9375pointb 5.6875
WRPC pointa 8.25pointb 7.75
ZOLL pointa 14.125pointb 10.3125

milesov

edit, other manipulations could be made so not necessarily a bottom has been set, but any breakout of a base is caught.
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