StockFetcher Forums · General Discussion · Spike and Ledge Pattern<< >>Post Follow-up
2 posts
msg #66017
Ignore AGrizz13
8/10/2008 5:10:50 PM

I am new to the language that stock fetcher uses, and have had a lot of trouble creating a filter that would help me find spike and ledge patterns. Anybody have any good ideas?

983 posts
msg #66030
8/10/2008 9:53:44 PM

To create a "ledge", you know it's going to take 3-4 days right? So use the "offset 3 or 4" for your entry days, and just look for the pattern that fits you best. And you can always change the "5%" to whatever you prefer. You'll also find a lot of "Bull Flags" this way too...

Fetcher[Price gained more than 5% 1-day ago
Volume is above 50000
sort column 3 descending
Close is above 5
offset 4


StockFetcher Forums · General Discussion · Spike and Ledge Pattern<< >>Post Follow-up

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