mustafa
13 posts
msg #85563
- Ignore mustafa |
1/5/2010 1:07:06 PM
The setup filter finds stocks where there has been a range contraction over the last 5 days. Yesterday’s range must be less than the ranges 2, 3 and 4 day’s ago. In addition, yesterday must have been an inside day, i.e. its low was above the previous day’s low and its high was less than the previous day’s high.
It is Linda Raschke's strategy to pick stocks after range contraction.
Thanks
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dwiggains
441 posts
msg #85569
- Ignore dwiggains |
1/5/2010 2:44:32 PM
Give it a try
See ya
David
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mustafa
13 posts
msg #85577
- Ignore mustafa
modified |
1/5/2010 4:06:18 PM
Thank you very much.
When I run the filter the first stock is ACTIVSION and it does not appear that the ranges depicted are right.. Am i reading something wrong?
Thanks a lot for your help.
Mustafa
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dwiggains
441 posts
msg #85581
- Ignore dwiggains |
1/5/2010 5:48:08 PM
Hi
Yes ACTIVSION is the first stock.
Did you want each days range less than the day before
or just the last day less than all the others???
Look at your wording.
I will try again if you do not like.
See ya
david
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mustafa
13 posts
msg #85583
- Ignore mustafa |
1/5/2010 6:03:37 PM
The range yesterday should be less than the range 2 days, 3 days and 4 days ago. I guess you are right.
Thanks again
Mustafa
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Kevin_in_GA
4,599 posts
msg #85584
- Ignore Kevin_in_GA |
1/5/2010 6:09:57 PM
David coded it exactly as you had requested. Were you thinking of this?
I don't get any hits, but the coding looks OK.
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mustafa
13 posts
msg #85589
- Ignore mustafa |
1/5/2010 7:41:00 PM
Thank you Kevin. Yes you are right. David has correctly coded it. Thank you again David.
Mustafa
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