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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?


To: PaulB who wrote (3801)4/27/2001 7:24:47 PM
From: Ed Huang  Read Replies (1) | Respond to of 4056
 
Re: Scanning program for Metastock (& TC2000) trend traders:

A very fine and easy-to-use software called
RAMP specialized in scanning stock data files for
trend lines and breakout candidates has been developed
by Nebadawn, Inc. This software was only compatible
with TC2000 before and now is also good for Metastock
users.

I have tries RAMP for more than a week and believe this is the
trend tracking program I have been looking for in the last few
years. (I have tried a trend scanning program from Metastock
before but I was not happy with it). RAMP scans for up, down
and horizontal trend lines in your data files. Users can easily
adjust the criteria for the trend lines they are looking for
including # of touches on the trend lines, minimum length of
the trend lines, etc., which is a feature an experienced trader
would like to have. It takes RAMP about 6 minutes to scan
1300 + stocks in my data files and provides the scan results
on the screen. The number of candidates picked by the
program varies from day to day depending on the market
conditions and how the user adjust the trend line criteria. When
the scan is done, I can handily click the button to view the
charts of the candidates one by one and narrow down the list
into a few stocks I want to focus on. The process takes me just
about 25 minutes to complete. Which is a lot of time saving for
me. On the other hand, I want to mention that RAMP can not
make money for a trader automatically (I don’t think there’s a
program can). Basic chart reading skills are necessary to use
this program properly and effectively.

Web site for more details and free trial:
nebadawn.com

Happy trading.