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

To: John Hunt who wrote (8202)	1/3/1999 5:18:00 PM
From: Shinin' Times	Read Replies (1) \| Respond to of 11149

John .. nice scan .. thanks Interesting .. you approached from the dbl bottom. I've been approaching from the increasing volume witout substantial price increase. I'll take your scan and add a few constraints. For example, in daytrading or position trading it is imperative that recent historical volume be high ie. liquidity. Thx again .. Fred

To: John Hunt who wrote (8202)	1/3/1999 7:46:00 PM
From: Bob Jagow	Read Replies (3) \| Respond to of 11149

Interesting scan, John. Added backtesting [a fixed period in order to be able to page thru with the cursor on that date] and found 77 hits 60 days back [nearly all winners given perfect exits ;) ], but notice that most sagged a bit initially [more reason for that elusive perfect exit]. Bob ---- //John Hunt's QP #8202 //input = "30k.lst"; integer tbar; tbar:= -30; // negative for backtesting Output="DoubleBtm-30"; if close(tbar) <= 1.03Min(tbar-1,tbar-88,lo) and close(tbar) >= 1.00Min(tbar-1,tbar-88,lo) then if close(tbar) > 2 and close(tbar)< .6Max(tbar-1,tbar-250,hi) and AvgVol(0, -22) > 26000 and close(tbar)<.85Max(tbar-1,tbar-88,hi) and Min(tbar-1,tbar-20,lo) >= 0.98*Min(tbar-21,tbar-250,lo) then print Symbol ,",", date(tbar); if tbar < 0 then print ",",max(0,tbar+1,cl)/close(tbar):4:2,",",-tbar; endif; println; endif; endif;