StockFetcher Forums · General Discussion · Very Very narrow Channels<< >>Post Follow-up
ron werner
2 posts
msg #44669
Ignore ron werner
6/6/2006 12:31:17 PM

Hi All, Newbee Ron here with a ? I am trying to screen for very narrow channels (DIAAF April thru June). Then I want to further screen for volume breakouts and for price breakouts. I'm very new to Fetcher and you would not believe the mess I made of it. Any help in the right direction would be much appreciated.


nikoschopen
2,824 posts
msg #44670
Ignore nikoschopen
6/6/2006 12:35:24 PM

Hello Ron,

Paste the following URL into ure browser address box and review what others posted:

http://search.stockfetcher.com/search?restrict=Forums&ie=&q=base&site=stockfetcher_help&output=xml_no_dtd&client=stockfetcher_help&btnG=Search%21&access=p&lr=&ip=24.41.46.198&title=StockFetcher+Technical+Analysis+and+Stock+Screening&proxystylesheet=stockfetcher_help&oe=&filter=p

Hope that helps for now. If not, let us know.


ron werner
2 posts
msg #44691
Ignore ron werner
6/6/2006 9:09:30 PM

Thanks for the help. I reviewed the posts and tried the shared screens but they did not do what I needed. XKEM is the exact scenario I am searching for, a long (45 day) base, very narrow trading range across that base and a vol and price breakout. I can handle the vol and price breakout portion but the 'basing' portion really is throwing me for a curve. I think I need a pattern recognition program ;-) Ron



nikoschopen
2,824 posts
msg #44694
Ignore nikoschopen
6/6/2006 10:00:16 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 to.
________________

/*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 #44698
Ignore nikoschopen
6/6/2006 10:43:21 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
]




StockFetcher Forums · General Discussion · Very Very narrow Channels<< >>Post Follow-up

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