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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: TA2K who wrote (9292)2/14/1999 2:19:00 AM
From: bdog  Read Replies (2) | Respond to of 12039
 
OK Nicky, "Come on guys and gals, won't ya just tell me?...."
Since you are so relentlessly desperate for a quick fix, I will give you the GOLD.

The gems you have been given are truly gems. The specifics are for you to hash out. Like magicians TA guys are sworn to a code of secrecy and blacklisted if they spill the beans. It has taken me over a year and a half of extreme hard work to find these trade secrets and I have paid great sums of money to gonz, Richard, etc, for revealing their magic potions. I am so mad I had to pay for these services that I now will give out the code keys... to heck with blacklisting. After all, this is the net, and information is supposed to be free...

2 versions, the first is simple and essentially like telling your broker to buy at the low and sell at the high... this is what the pros do , this what I do, and now this is what you can do....

In Quotes Plus...

use this following formula in a variety of simple scans... you will find that all the FA in the world is worthless if you can code this correctly..
if movavg(1,1,cl)>7.5*movavg(0,1,cl) then

the second formula is a bit more complicated but guarantees the gold...here is the full blown scan ready to run...

have fun!
bdo>g<

// pot of gold scan...........

//for those who don't want to work, but eat well...

output = "pot of gold.lst";
//input = "common.lst";

integer i;
exchange = nyse, amex, nasdaq;

for i = 0 to 0
do
if close(i) > 3 and
movavg(-15,4,cl)/movavg(-20,4,cl)>1.03 and
movavg(-15,4,cl)/movavg(-20,4,cl)<1.07 and
movavg(-10,4,cl)/movavg(-15,4,cl)>1.03 and
movavg(-10,4,cl)/movavg(-15,4,cl)<1.07 and
movavg(-5,4,cl)/movavg(-10,4,cl)>1.03 and
movavg(-5,4,cl)/movavg(-10,4,cl)<1.07 and
movavg(0,4,cl)/movavg(-5,4,cl)>1.03 and
movavg(0,4,cl)/movavg(-5,4,cl)<1.07
then
endif;
next i;
if close(0)>0 then
println" 00000 00000 000 000000";
endif;
if marketcap >= 100 and marketcap <= 800 then
i:=2;
endif;
if close(0)>0 then
println"000 000 000 000 000 000 000";
endif;
if ( EMovAvg(0,9,cl) > EMovAvg(0,21,cl) ) and
// Short term ema above the long term
( Close(0)>= 2 ) and // At least a 2 dollar stock
( Close(0)<= 29 ) and // And less than or equal to a 29 dollar stock
( AvgVol(0,-29)>= 20000 ) and // 20,000 shares average volume
( Close(-2 ) < Close( -3 ) ) and // down for 2 days
( Close(-1 ) < Close( -2 ) ) and
( Close( 0 ) > Close( -1 ) ) and // and then up
( Close(0) > close(-3)*.9 ) then
//After 2 down days, close is greater than 90 % of the 3-day close.
i:=3;
endif;
if close(0)>0 then
println"000 000 000 000 000 000";
endif;
if StochasticPctK(0) > StochasticPctD(0) and
// The percentK is above the percen D today
StochasticPctK(-1) < StochasticPctD(-1) then
// Yesterday it was below
i:=4;
endif;
if close(0)>0 then
println"000 000 000 000 000 000 000";
endif;
if sharesfloat < 50 and
Beta > 1.5 and
EPS3growth > 20 and
Rev3growth >= 20 and
EPS1growth >= 25 and
Rev1growth >= 25 and
QTRREV (0) > QTRREV (-4) and QTRREV (-1) > QTRREV (-5) and
QTRREV (-2) > QTRREV (-6) and
QTRREV (-3) > QTRREV (-7) and
HasOptions = True and Close (0) < 50 and QRS(0) >= 70 then
i:=5;
endif;
if close(0)>0 then
println"000 000 000 000 000 000 000";
endif;
if ( obv(0) > Max( -1 , -130 , obv ) ) and
( close(0) > Max( -1 , -130 , cl ) ) then
i:=6;
endif;
if close(0)>0 then
println"000 000 000 000 00000000 000 000";
endif;
if Close( 0 ) >= Max( -1 , -40 , cl ) * .95 and
Close(0) <= Max( -1 , -40 , cl ) and // No breakout
Min( -1 , -40 , cl ) >= Max( -1 , -40 , cl ) * .8 and
AvgVol( 0 , -29 ) >= 250 and // Average volume
Close(0) >= 10 and
MovAvg( 0 , 150 , cl ) <= MovAvg( -9 , 150 , cl )and
RSI( 0 ) >= 60 and
MovAvg( 0 , 150 , cl ) <= MovAvg( -9 , 150 , cl ) and
AvgVol( 0 , -29 ) >= 250 then
i:=7;
endif;
if close(0)>0 then
println" 00000 00000 00000000 000000";
println;
println;
endif;



To: TA2K who wrote (9292)2/14/1999 8:50:00 AM
From: Dick Brown  Respond to of 12039
 
I've tried to design a system based on BB and never found or developed one that I found satisfactory. Maybe others have I don't know..But I do scan for stocks where the bands have narrowed significantly and sometimes watch these stocks if they interest me.. I prefer stocks that historically have seen a lot of action DELL CSCO ect..Usually there is a move one way or the other.You have to learn how to protect yourself if you guess the wrong way..The moves can give good %'s. I think John Bollinger uses them to trade the s&p futures..
Dick.