StockFetcher Forums · General Discussion · VERRY BULLISH CANDLE PATTERN ON WEEKLY CHART<< >>Post Follow-up
7 posts
msg #99044
2/11/2011 4:05:06 PM

I am looking at (LOCM) weekly candles ,and the last 5 weeks are forming a pattern (bullish) but I don't know it's name. Any help for me ?

650 posts
msg #99048
Ignore mystiq
2/11/2011 8:43:35 PM

---whatever it looks tradeable!

7 posts
msg #99073
2/13/2011 2:50:17 PM

This is even better because it comes after a doji candle

7 posts
msg #99079
2/13/2011 4:06:16 PM

Ok , i have watched this stock since 11/2010 what I see I a old market maker trick and it is this they will buy 20k 30k 40k etc etc make it pop 3-4-5 cents then close the candle hitting the bid on 400 -500 shares so the candle looks like a doji or a topping tail. Buy on big volume and close it on small shares. Also the weekly candle was ALMOST a full green candle last week but it was closed at the end of Friday as a topping tail and the topping tail was formed with about 60k shares so it is a non event also no one wants to hold over the weekend .

650 posts
msg #99114
Ignore mystiq
2/15/2011 3:34:44 AM

very intersting...will keep a close watch on it. NOW it looks like it is waiting to move when noone looks.

206 posts
msg #99443
Ignore djones000buck
3/1/2011 6:10:40 PM


/* Pick a trigger, this case average day range*/
set{rz10, count(average day range(2) crossed below average day range(4),1)}

/* Set Trigger */
set{trigger0, count(rz10 > .9,100)}
set{trigger00, count(rz10 > .9,1)}
set{trigger1, count(rz10 one day ago > .9,1)}

/* Close Statements */
set{1pc1d, close 1 day ago * 1.01}

/* High Statements */
set{1phiopc1, count( high > 1pc1d,1)}

/* Trigger Statements */
set{t1p, count( trigger1 > .9,1)}
set{t1pa, t1p + 1phiopc1}
set{1pt1, count( t1pa > 1.9,1)}

/*Add variables to determine if percentages hit day 1 */
set{1ptvar1, count(t1pa > 1.9,100)}

/*Get 1P in 1D */
set{get1p, 1ptvar1 / trigger0}

add column get1p
average volume(90) > 500000
price > 2
get1p > .49
get1p < 1.01
get1p one day ago > .89

and draw trigger00
and draw 1pt1
and draw get1P

and draw wma(21)
and draw bollinger bands(10,.1)
sort column 5 descending


Ran across this pattern in LOCM

7 posts
msg #99499
3/5/2011 1:14:18 PM

thanks for the filter scan , i cant get it to work, please guide me, error message says (Your StockFetcher filter exceeds filter performance restrictions.
To run this filter, please upgrade to the StockFetcher Advanced subscription level.) ??? and what does this filter do ? thanks tommy

StockFetcher Forums · General Discussion · VERRY BULLISH CANDLE PATTERN ON WEEKLY CHART<< >>Post Follow-up

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