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

To: Debra Orlow who wrote (7811)	11/15/1998 7:59:00 PM
From: John Hunt	Respond to of 11149

<< I'm 100% certain you would never show a loss in this column >> Hi Debra, True, but what I was trying to establish what %Gap and %Av Vol would give me the best chance of a consistent daytrading profit. I am assuming that you would stop out at (Open - Close Yesterday)/2 or some similar figure. I assume you have QP2 ... I just wrote this to run against the whole QP database. If you have time, copy it in to the scan module and give it a try and you will see what I mean. :-)) John Output="GAPTEST.lst"; If open(0) > 1.03Close(-1) and open(0) < 1.08Close(-1) and vol(0) > 3AvgVol(-6,-28) and AvgVol(-6, -28) > 26000 and vol(0) > 26000 then println Symbol, " OPEN= ", open(0):8:3, " VOL= ", vol(0):8:3, " AVOL%= ", ((vol(0)100)/AvgVol(-6, -28)):8:3, " GAP%= ",(((Open(0)-Close(-1))100)/Close(-1)):8:3," MAX PROF%= ",(((High(0)-Open(0))100)/Open(0)); endif;