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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Warthog who wrote (36221)7/13/2000 2:02:56 AM
From: Doug R  Read Replies (2) | Respond to of 79438
 
Labrat alert:

milesov wrote the following at my request to find stocks retesting the 50 dMA in a way that fits the current market environment. It's very preliminary and a couple tweaks are suggested below.

// price range 50dma
input="common.lst";
output="movavg50x.lst";

if close(0)< 1.04*movavg(0,50,cl) and
close(0)>.96*movavg(0,50,cl) and
close(-1)< close(0) and
Close(0) >= 10.00 and // At least a 10 dollar stock
close(0)<300.01 and
AvgVol(0,-29) >= 75000 then // The average volume is at least 75,000 shares

println symbol,",",description;

endif;

tweaks:

3 dCCI xing over 13 dCCI. 13 d CCI value above 0 today and higher than yesterday.
close yesterday above 50 dSMA...close today below 50 dSMA with a higher low than yesterday.

Doug R