mcole
5 posts
msg #57978
- Ignore mcole
modified |
12/11/2007 5:34:00 PM
Hey,
I want to test a theory about stocks that are bouncing after a high-volume fall. I have the screen for the FALL, but what I really want is to find stocks that have fallen in, say, the last 7 days and have finally given their FIRST white candle. It's the " fall in the last 7days, now first white candle since the fall" that I am having trouble with.
Here's what I have for the fall part:
average daily volume(30) > 100000
set{avgmult, average daily volume(30) * 4}
volume > avgmult
close < close 1 day ago
close > 3
Anyone know how to implement that?
Also, might need to add something like:
"Close dropped more than 15 Percent" for the high-volume drop day, but I haven't settled on a percentage (just needs to not be insignificant), and I'm not sure how you would make them both be on the same day...
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TheRumpledOne
6,407 posts
msg #57979
- Ignore TheRumpledOne
modified |
12/11/2007 5:41:22 PM
Not sure if the volume has to be bigger than the avgmult all 7 days??!?!
HTH.
The following might get you in the ball parkl:
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nikoschopen
2,824 posts
msg #57980
- Ignore nikoschopen |
12/11/2007 6:25:35 PM
Add this to ure existing filter:
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mcole
5 posts
msg #57988
- Ignore mcole |
12/11/2007 11:47:48 PM
TRO, the second one looks pretty good. Thanks for the help, you guys... got to check this out...
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