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

To: Bob Jagow who wrote (6813)	9/24/1998 9:31:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 11149

JP, too -- though the base of the cup is a bit dented. Maybe someone banged it on my head. JP , 62.12, 55.06, 62.00, 55.62, Date A: 04/17/1998, Date B: 07/28/1998, Date C: 08/14/1998, Date D: 09/04/1998, Dates A-B: -70, Dates B-C: -13, Dates C-D: -15 The "cup" -- yes, I know, it's not the best cup -- starts in April and ends in August. Note the breakout yesterday. Brooke

To: Bob Jagow who wrote (6813)	9/24/1998 10:08:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 11149

I got some good results by changing the parameters a bit, too. The scan finds more cups -- smaller ones -- with these ranges of days: pointd:=min(0,-10,lo); pointc:=max(-5,-25,hi); pointb:=min(-8,-45,lo); pointa:=max(-28,-100,hi); For example, it found a nice smaller cup in ABS's chart. There was a breakout from the handle, too, on Sept 22. All I changed in the scan were the ranges for the days (above). Here's the whole thing: //Cup and Handle Scan, by Brooke Elise Nagler, //based on "Cup-With-Handle and the Computerized Approach //by Rich Martinelli and Barry Hyman in October 1998 issue of TASC output="cuph.lst"; input="commplus.lst"; DaysRequired=200; Daystoload=250; integer i, j, k, l, datea, dateb, datec, dated; float pointa, pointb, pointc, pointd; pointd:=min(0,-10,lo); pointc:=max(-5,-25,hi); pointb:=min(-8,-45,lo); pointa:=max(-28,-100,hi); dated:=0; datec:=0; dateb:=0; datea:=0; for i = -14 to 0 step 1 do if low(i)=pointd then dated:=i; endif; next i; for j = -30 to -5 step 1 do if high(j)=pointc then datec:=j; endif; next j; for k = -55 to -8 step 1 do if low(k)=pointb then dateb:=k; endif; next k; for l = -155 to -28 step 1 do if high(l)=pointa then datea:=l; endif; next l; if pointc>1.12pointb then if pointc<1.45pointb then if pointa>1.12pointb then if pointa<1.45pointb then if pointc>=.95pointa then if pointd<(.8pointc)+(.2*pointb) then if datea< dateb then; if dateb< datec then; if datec< dated then; if datea-dateb<=-20 then if datea-dateb>=-120 then if dateb-datec<=-3 then if datec-dated<=-5 then println symbol, ", ", pointa:5:2, ", ", pointb:5:2, ", ", pointc:5:2, ", ", pointd:5:2, ", ", "Date A: ", date(datea), ", ", "Date B: ", date(dateb), ", ", "Date C: ", date(datec), ", ", "Date D: ", date(dated), ", ", "Dates A-B: ", datea-dateb, ", ", "Dates B-C: ", dateb-datec, ", ", "Dates C-D: ", datec-dated; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif;

To: Bob Jagow who wrote (6813)	9/24/1998 10:08:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 11149

You can change all sorts of things in the scan to specify what sort of cup you want. I haven't spent enough time with it yet, because I just came up with the scan this afternoon. But I've tried some with more base points, wider bases, narrower bases, etc. Pointb is the base, but a two-point base can be created, too. You can change the depth of the base, too, with the percentages I included. Martinelli and Hyman didn't say much about the depth. I decided to have the rims at least 12% higher than the base, but not more than 45% higher. I think it would have been better to work down from the rims, taking at least 12% off to get to the base. In my usual hurry, I reversed it. I've fixed it below: //Cup and Handle Scan, by Brooke Elise Nagler, //based on "Cup-With-Handle and the Computerized Approach //by Rich Martinelli and Barry Hyman in October 1998 issue of TASC output="cuph.lst"; input="cup.lst"; DaysRequired=200; Daystoload=250; integer i, j, k, l, datea, dateb, datec, dated; float pointa, pointb, pointc, pointd; pointd:=min(0,-14,lo); pointc:=max(-5,-30,hi); pointb:=min(-8,-55,lo); pointa:=max(-28,-155,hi); dated:=0; datec:=0; dateb:=0; datea:=0; for i = -14 to 0 step 1 do if low(i)=pointd then dated:=i; endif; next i; for j = -30 to -5 step 1 do if high(j)=pointc then datec:=j; endif; next j; for k = -55 to -8 step 1 do if low(k)=pointb then dateb:=k; endif; next k; for l = -155 to -28 step 1 do if high(l)=pointa then datea:=l; endif; next l; //if pointc>1.12pointb then //if pointc<1.45pointb then //if pointa>1.12pointb then //if pointa<1.45pointb then if pointb<=.88pointc then if pointb>.55pointc then if pointb<=.88pointa then if pointb>.55pointa then if pointc>=.95pointa then if pointd<(.8pointc)+(.2*pointb) then if datea< dateb then; if dateb< datec then; if datec< dated then; if datea-dateb<=-20 then if datea-dateb>=-120 then if dateb-datec<=-3 then if datec-dated<=-5 then println symbol, ", ", pointa:5:2, ", ", pointb:5:2, ", ", pointc:5:2, ", ", pointd:5:2, ", ", "Date A: ", date(datea), ", ", "Date B: ", date(dateb), ", ", "Date C: ", date(datec), ", ", "Date D: ", date(dated), ", ", "Dates A-B: ", datea-dateb, ", ", "Dates B-C: ", dateb-datec, ", ", "Dates C-D: ", datec-dated; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif; endif;