Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bdog who wrote (21991)	10/11/1998 7:51:00 PM
From: Doug R	Respond to of 79273

Backagaindog, One more thing (as if the last post didn't have enough things >>gg<<). The prescan should now include stocks with a TSF/EMA xover in the 2 previous days. No sense including stocks without an activated trigger in the prescan. The eyeballing I've done indicates that the TSF/EMA xover often occurs 2 days before the other prerequisites are fully met. The 2 dRSI and 3 dRSI both move into the desired ranges 1 or 2 days after the xover. This movement can be used as a means of tracking candidates for confirmation. It may involve running overlapping scans with higher ranges for the 2 and 3 dRSI used in a secondary prescan on the first prescan results. And a final scan on what would be the hit day. ie, say...500 stocks meeting just the TSF/EMA xover prescan would be narrowed to 100 the next day by putting in 2 dRSI above 70 and 3 dRSI above 65. Those would be used as the universe on the next day while raising the bars on the 2 day to > 90 and the 3 day to > 85. The day after that would just raise the 2 day to above 95. Also, the second day would have a 2 day >95 only run to catch the really quick ones. If you can do all this stuff in this and my last post, I think you'll find we would have caught CADE with the scan. Doug R