dougR
Here is another scan that seems to give good results. It is a weekly scan mainly based on the signal given by a 3 period RSI crossing a moving average of that rsi.
details: WEEKLY Cross(RSI(3),Mov(RSI(3),3,e)) mov(rsi(3),3,e)- ref(mov(rsi(3),3,e),-2) { a positive slope } mov(stoch(13,8),8,s) moving upwards and between 30 and 80 rsi(13)>30 Volume> 400000 {weekly} roc(mov(c,13,e),3,%)>0 rsi(13)>ref(rsi(13),-2) { a positive upward trend } rsi(3)<90 {hopefully eliminates tops}
details: daily a buy signal is generated when every the daily rsi(3) crosses the moving average of the rsi. Or when one can feel confident that rsi(3) will continue to be greater than the moving average.
For the following week: AATT ARX BBA CD COG CRN DCO DIO EOG GADZ GBTVK GGC GNCMA HRC ICMI IIR IRWN OMPT PKX PRTL RAIL RESC SKM SKYC TLK TMTV TOTL UEIC WAK WES WGO WLM WTT XLTC
any suggestions for improvement would be appreciated.
thanks wart |