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Strategies & Market Trends : TA Science Projects & Experimental Indicators -- Ignore unavailable to you. Want to Upgrade?

To: ftth who wrote (38)1/28/1998 11:10:00 PM
From: Jan Robert Wolansky  Read Replies (1) | Respond to of 237
 
Dave, APCO and GTAX are good examples of the kinds of stocks I'm trying to identify. After each breakout, they pull back and their lows rest on a trendline that has about a 45 degree angle from the x axis. These stocks seem the most reliable in terms of repeating breakout patterns.

I use Metastock, and my database currently consists of stocks between $2 and $30, which are above their 200 day ma. This gives me over 1200 charts. I'm trying to cut my database down further to a group of tickers with charts like APCO and GTAX, but Metastock doesn't have canned line studies formulas that can be used in explorer scans.

Jan



To: ftth who wrote (38)1/29/1998 7:34:00 PM
From: big run  Read Replies (2) | Respond to of 237
 
hi dave....the gann angles are based on the time & price axis being equal, thus they are not usable with log charts. also, the program should adjust the angle to be representative of this relationship or it is not a gann angle.

i hope to get back with you on some other stuff as soon as possible but it may not be until this weekend.

mike


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