StockFetcher Forums · General Discussion · Filter for Consolidation/Congestion<< >>Post Follow-up
peaking67
22 posts
msg #44635
Ignore peaking67
6/5/2006 9:27:33 PM

Would like to search for stks that are 'basing' in a consol./cong. pattern in order to wait for a breakout. Would appreciate help on how to word the 'basing' period part in the filter.
Thnx, Sid


nikoschopen
2,824 posts
msg #44643
Ignore nikoschopen
6/5/2006 10:46:57 PM

Just by searching the forum by entering "base" alone yielded 132 results. I believe ure question has been asked, and answered, on multiple occasions.


peaking67
22 posts
msg #44688
Ignore peaking67
6/6/2006 7:48:43 PM

Thnx. I'll remember to use the 'search' button from now on.
Sid


nikoschopen
2,824 posts
msg #44693
Ignore nikoschopen
6/6/2006 9:58:54 PM

This is a rehash from my previous post called "Flattening Bottom, Rounding Bottom, & Other Non-sexy Bottoms" (I don't mean to be cute in anyway,lol). Feel free to ask should you need one.
________________

/*This willl find low-basing stocks under $5 (or whatever number you prefer)*/

Fetcher[
Average Day Range(120) below 1
low is below the Day Position(0.25,120)
price below 5
]


/*This will find a rounding bottom*/

Fetcher[
set{hi30wk, high 20 week high 20 week ago}
set{hi20wk, high 20 week high}
set{lo20wk, low 20 week low}
set{ldiff, hi30wk / lo20wk}
set{ldiff%, ldiff - 1}
set{lratio, ldiff% * 100}
set{sdiff, hi20wk / lo20wk}
set{sdiff%, sdiff - 1}
set{sratio, sdiff% * 100}

set{ratio, lratio / sratio}
ratio above 3
]


/*This filter will find stocks with an average daily range of 0.4% or less over a 10 day period.*/

Fetcher[
set{ADR, Average Day Range(10)}
ADR below .5
]


/*This will find stocks with a trading range less than 3% over the past 60 days or 3 months. */

Fetcher[
set{hi, high 60 day high}
set{lo, low 60 day low}
set{diff, hi - lo}
set{%diff, diff / lo}
set{ratio, %diff * 100}
ratio is below 3

add column hi
add column lo
add column diff
add column %diff
add column ratio
sort column 9 descending
]




nikoschopen
2,824 posts
msg #44697
Ignore nikoschopen
6/6/2006 10:42:57 PM

Here's a variation on the same theme by maxreturn & Co.:

Fetcher[set{3rng, high 3 month high-low 3 month low}
set{3rngpos, indposition(3rng,100)}
set{cntlow, count(3rngpos below .1,100)}
show stocks where price between .01 and 5 and average volume(65) above 100000 and cntlow above 99
]




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