StockFetcher Forums · Filter Exchange · Penny stocks<< 1 2 >>Post Follow-up
9 posts
msg #155197
Ignore ap09au5616
1/5/2021 10:02:40 PM

Hi Experts,

Can someone share the filter for penny stocks?

Is RSI (2) works for penny stocks and is it a good option to pick the stocks which are below RSI (2) 10?

If yes, please let me know what other indicators can be used in addition to RSI(2).

Thanks in advance.

956 posts
msg #155206
Ignore miketranz
1/6/2021 4:37:52 PM

Fetcher[show stocks where price reached a new 30 day high and volume gained 40 percent more than 1 day ago and average volume(90)is above 100000 and draw ema(3)draw ema(13)draw ema(39)draw ema(9)draw ema (200)and price between.10 and 1]

Penny stock breakout filter...

404 posts
msg #155216
Ignore Nobody
1/7/2021 2:44:39 PM

Thank you - miketranz

Any tips on finding before breakout indicator to use RSI or ...MACD 12,26,9?

9 posts
msg #155217
Ignore ap09au5616
1/7/2021 3:30:33 PM

Thanks for sharing.

This filter is showing the stocks where are already breakout.

Can someone share which have the high probability to breakout in the near future?

Thanks in advance.

653 posts
msg #155220
Ignore snappyfrog
1/7/2021 5:33:21 PM

Here is one i use regularly with PVI, not RSI.

market is not otcbb
market is not etf
price between .1 and 1

volume > 10000

draw pvi 22 day low on plot pvi
draw pvi 10 day high on plot pvi
draw cma(pvi,10) on plot pvi

and pvi equals pvi 10 day high
and pvi 1 day ago less than pvi 10 day high
and pvi > cma(pvi,10)
and draw close 4 week high on plot price

58 posts
msg #155221
Ignore boston
1/7/2021 7:43:21 PM

wma(48) >= wma(150)
average volume(90)is above 100000
close >= 1
adx(48) crossed above bot_band48
set{var1, -di(48) *.20}
set{bot_band48, -di(48) - var1}
set{ad_diff, adx(48) - bot_band48}
draw bot_band48 on plot adx(48)
draw ad_diff
draw wma(13)
draw wma(48)
draw wma(150)
draw adx(48)
add column close 1 month high
add column adx(48)
add column -di(48)
add column bot_band48
add column ad_diff
sort column 9 descending

956 posts
msg #155222
Ignore miketranz
1/7/2021 9:54:46 PM

Nobody:You need to look for low level consolidation patterns,stocks moving in a very narrow range,for an extended period of time.Stocks making 52 week lows,then consolidating,are a good place to start.Put them on a watch list,execute the trade at the exact moment they breakout.There's no magic formula that I know of to catch a breakout before it actually happens.Best,Miketranz...

404 posts
msg #155226
Ignore Nobody
1/8/2021 10:21:22 AM

Thank you miketranz

956 posts
msg #155232
Ignore miketranz
1/8/2021 8:57:47 PM

My pleasure...

404 posts
msg #155241
Ignore Nobody
1/10/2021 12:13:15 AM


Would you take this trade below.

StockFetcher Forums · Filter Exchange · Penny stocks<< 1 2 >>Post Follow-up

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