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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?


To: Al Greenleaf who wrote (2763)12/29/1997 5:43:00 PM
From: RICHARD LOCKIE  Read Replies (2) | Respond to of 11149
 
al: Here is my bolinger band breakout scan. I try to look for horizontal bands that have a breakout.

//detects BB band breakout on high volumn day

Loop(0,-200 ) // back testing
Float W
Exchange= NYSE, AMEX, NASDAQ
Marketcap>=100
Close(0)>close(-1) // up day
Close(0)>=0.5*High(0) // strong day
Close(0)>=5
Close(0)<=50
Vol(0)>3*AvgVol(-1,-21) // 3 times normal 20 day vol
W :=MovAvg(0,19,cl)+2*StDev(0,-19)// 2 standard deviations
Close(-2)<=W // below bollinger band
Close(0)>W // above bollinger band
Println Symbol:-6,Date(0):8,QRS(0):7:2,Pe:7:1," ",Description