StockFetcher Forums · General Discussion · Bear Flag Filter<< >>Post Follow-up
Gary3302
5 posts
msg #118848
Ignore Gary3302
3/30/2014 12:30:00 PM

I have found some good Bullish Flag filters, but nothing that will work for identifying Bear Flags. Thanks in advance if anyone has a Bear Flag filter they can pass along.

four
3,998 posts
msg #118849
Ignore four
3/30/2014 1:03:16 PM

http://forums.stockfetcher.com/sfforums/?q=view&tid=77321&start=0

start here... ?

Gary3302
5 posts
msg #118854
Ignore Gary3302
3/30/2014 7:14:35 PM

Thanks, it may be because of the market conditions but I am only getting bull flags with the filters at that link. The filter below is what I like using for bull flags. I am looking for opposite values that would reveal bear flag patterns that are in a downtrend. If anyone can help it would be appreciated.

set{v,count(3 day slope of close is between 0 and -.4,1)}
set{a,count(5 day slope of close 3 days ago > .5,1)}
set{and1,v * a }

set{t,count(4 day slope of close is between 0 and -.4,1)}
set{r,count(5 day slope of close 4 days ago > .5,1)}
set{and4,t * r }


set{b,count(5 day slope of close is between 0 and -.4,1)}
set{c,count(5 day slope of close 5 days ago > .5,1)}
set{and2,b * c }

set{d,count(6 day slope of close is between 0 and -.4,1)}
set{e,count(5 day slope of close 6 days ago > .5,1)}
set{and3,d * e}

set{h,count(7 day slope of close is between 0 and -.4,1)}
set{i,count(5 day slope of close 7 days ago > .5,1)}
set{and5,h * i }





set{or1,and1 + and2}
set{or2,or1 + and3}
set{or3,or2 + and4}
set{or4,or3 + and5}
or4 > 0

add column or4
sort column 5 descending

and avg vol(5) is 50% below avg vol(5) 5 days ago
and avg vol(10) > 500000


StockFetcher Forums · General Discussion · Bear Flag Filter<< >>Post Follow-up

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