StockFetcher Forums · Filter Exchange · for 3 to 6 month investors<< >>Post Follow-up
124 posts
msg #41386
Ignore papagatorga
2/19/2006 11:27:04 AM

This provides numerous buy candidates.
" show stocks trading near the bottom of a 120 day increasing channel "

Naturally one should evaluate these with whatever technical and fundamental indicators you use. I do my technical first then fundamentals on the ones that pass. I use a close of day stop loss of 4% and let the winners run awhile. Have not used it long but early results are very good. Now I'm going to set up several others changing the time frames to 60 day and 30 day maybe even a 5 day to catch small pullbacks. I'm also going to try a sideways channel hoping to catch them before the major move but am not sure if I can write that screen. Theory is of course to get on board a proven uptrend after a pullback. Backtesting this filter gave me good results that's why I chose it. Any comments on improving appreciated.

StockFetcher Forums · Filter Exchange · for 3 to 6 month investors<< >>Post Follow-up

*** Disclaimer *** does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. does not recommend particular securities., Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.

Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus