StockFetcher Forums · General Discussion · Spinning Top candlestick?<< >>Post Follow-up
8 posts
msg #114567
Ignore trosen128
7/20/2013 11:11:42 AM

Anyone know a filter for finding Spinning Tops?

4,388 posts
msg #114568
Ignore four
7/20/2013 12:06:02 PM

30 posts
msg #91721
- Ignore Underworlds 4/27/2010 6:44:10 PM

The primary characteristics of a white spinning top are the small white body with upper and lower shadows which are both longer than the real body of the candlestick. It doesn't matter how long the shadows are, except that they are longer than the real body. Try this...

set{tiny,open * 0.005}
set{bodymax,open + tiny}
set{shadow1,high - close}
set{shadow2,open - low}
set{bodyheight,close - open}

Show stocks where Close is greater than Open
and High is greater than Close
and Open is greater than Low
and Close is less than bodymax
and bodyheight is less than shadow1
and bodyheight is less than shadow2

StockFetcher Forums · General Discussion · Spinning Top candlestick?<< >>Post Follow-up

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