jhenninger
63 posts
msg #117637
- Ignore jhenninger |
1/8/2014 4:09:52 PM
Hello all,
I am trying to create a scan that looks for RSI 14 to be currently at or around the 40-55 range AFTER having initially been up into the 80-85 area x days ago...
I'm essentially using this to look for pullback candidates after an explosive initial breakout move.
Can this be done in SF?
Thank you very much
- Jon
|
Mactheriverrat
3,135 posts
msg #117638
- Ignore Mactheriverrat
modified |
1/8/2014 4:39:30 PM
GREEN ON THE SCREEN
Run Forrest, Run
Try playing stocks where stocks are above EMA(13) or EMA(21) but have pulled back. Ones that have been previous high runners
trying adding
add column Historical Volatility(100,1)
add column average day range(30)
|
compound_gains
221 posts
msg #117640
- Ignore compound_gains |
1/8/2014 7:11:25 PM
This is a basic start. It screens for stocks where the current rsi(14) is between 40 and 55 and rsi(14) in the previous five days was between 80 and 85 at some point. You can change the look back number of days to whatever you want. You would also want to set price and volume criteria.
|
jhenninger
63 posts
msg #117651
- Ignore jhenninger |
1/9/2014 8:04:38 AM
Awesome, thank you both very much for the response!
Much appreciated..
|