StockFetcher Forums · General Discussion · Staircase screen<< >>Post Follow-up
bgibbons
2 posts
msg #88459
Ignore bgibbons
2/20/2010 4:38:15 PM

I have tried to write a screen that identifies stocks that are making progressively higher 20 day highs within a time period (say 60 days). I have tried

"show stocks where high reached a new 21 day high in more than 20 of the last 60 days
and close gained more than 10% over the last 60 days"

but have run into syntax errors. I am trying to find stocks that are trending upwards making a somewhat consistent staircase pattern (small incremental gains over the period vs more volatile swings). Any suggestions on how to solve this one would be appreciated.

chetron
2,817 posts
msg #88468
Ignore chetron
modified
2/20/2010 8:15:45 PM

MAYBE...

Fetcher[

SET{VAR1A,HIGH 1 DAY AGO}
SET{VAR1B,HIGH 5 DAY HIGH 2 DAY AGO}
SET{VAR2A,LOW 1 DAY AGO}
SET{VAR2B,LOW 5 DAY LOW 2 DAY AGO}
SET{VAR3,COUNT(HIGH BELOW VAR1A,1)}
SET{VAR4,COUNT(LOW ABOVE VAR2A,1)}
SET{VAR5,VAR3 * VAR4}
SET{VAR6,COUNT(VAR1A ABOVE VAR1B,1)}
SET{VAR7,COUNT(VAR2A BELOW VAR2B,1)}
SET{VBUY,VAR5 * VAR6}
SET{VSHORT,VAR5 * VAR7}
SET{VPLAYS,VSHORT + VBUY}

DRAW VSHORT
DRAW VBUY

VPLAYS ABOVE .5
DO NOT DRAW VPLAYS
CLOSE ABOVE .1
VOLUME ABOVE 100000

]



trendscanner
265 posts
msg #88479
Ignore trendscanner
2/21/2010 7:04:00 AM

This one finds the stocks per your script.

Fetcher[
Count(high reached new 21 day high, 60) > 20
close gained more than 10% over the last 60 days
]




This one eliminates the ones that have pulled back below MA(30)

Fetcher[
Count(high reached new 21 day high, 60) > 20
close gained more than 10% over the last 60 days
Count(close < MA(30), 60) < 0.5
]




chetron
2,817 posts
msg #88480
Ignore chetron
2/21/2010 7:07:13 AM

nice

bgibbons
2 posts
msg #88529
Ignore bgibbons
2/22/2010 3:07:58 PM

Thanks Trendscanner. This is exactly what I was looking for.

StockFetcher Forums · General Discussion · Staircase screen<< >>Post Follow-up

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