StockFetcher Forums · Filter Exchange · Please help me with this Volume Scan Filter.<< >>Post Follow-up
moby
314 posts
msg #90262
Ignore moby
3/24/2010 5:09:34 PM

Hi,

Can someone please help me with this volume scan. Thanks very much.



To get a buy signal, a test is needed of a previous swing low and the volume must shrink by 8 percent or more,

and then close back above the previous low.

This condition will trigger the buy signal.

A test means breaking the previous swing low to prove the point.




chetron
2,817 posts
msg #90268
Ignore chetron
3/24/2010 6:59:06 PM

MAYBE.....

Fetcher[

SET{VAR1A,LOW 1 DAY AGO}
SET{VAR1B,LOW 2 DAY AGO}
SET{VAR1C,VOLUME 1 DAY AGO}

SET{VAR1,COUNT(VAR1A BELOW LOW,1)}
SET{VAR2,COUNT(VAR1A BELOW VAR1B,1)}
SET{VAR3,VAR1 * VAR2}
SET{VAR4,VAR3 * LOW}
SET{VAR5,VAR1C * 0.92}

VOLUME BELOW VAR5
VAR3 CROSSED ABOVE .5 WITHIN LAST 2 DAY
VAR3 BELOW .5
LOW REACHED NEW 8 DAY LOW
CLOSE ABOVE VAR4 3 DAY HIGH 1 DAY AGO



]





moby
314 posts
msg #90270
Ignore moby
3/24/2010 8:01:41 PM

Thank you very much Chetron. What a talent and so generous with your time and knowledge. It is very much appreciated.
Have a nice day :)

chetron
2,817 posts
msg #90273
Ignore chetron
3/24/2010 8:26:58 PM

YOU ARE VERY WELCOME.

StockFetcher Forums · Filter Exchange · Please help me with this Volume Scan Filter.<< >>Post Follow-up

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