StockFetcher Forums · General Discussion · Simple Filter Help - Buggy I think<< >>Post Follow-up
mikebrint
1 posts
msg #106346
Ignore mikebrint
5/20/2012 10:46:26 AM

Hello,

Basically I want this filter to identify a downward sloping 50 day low trend line. Here is my simple filter:

50 day low 50 days ago was above the 50 day low
and draw 50 day low

On May 20, 2012 this scan is incorrectly returning GE, AIG, WFC and others (the others were correctly identified) .

GE, AIG and WTC 50 day lows are clearly in an uptrend ( i.e. Higher lows ).

Is there something wrong with my scan ?

Thanks !





duke56468
683 posts
msg #106347
Ignore duke56468
modified
5/20/2012 12:20:32 PM

Maybe this will work

Fetcher[
10 week low is below 10 week low 10 weeks ago
and draw low 10 week low
]



mahkoh
892 posts
msg #106349
Ignore mahkoh
5/20/2012 4:29:39 PM

Fetcher[
S&P 500
50 day slope of low below 0
]



StockFetcher Forums · General Discussion · Simple Filter Help - Buggy I think<< >>Post Follow-up

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