rrochon
117 posts
msg #33703
- Ignore rrochon |
10/27/2004 2:33:25 PM
How do you write a filter to get a bollinger band squeeze like ZICA?
Dick
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yepher
359 posts
msg #33705
- Ignore yepher |
10/27/2004 4:52:40 PM
I am not sure exactly what attribute of ZICA's squeeze you like but this is one possibility
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wallman
299 posts
msg #33707
- Ignore wallman |
10/27/2004 8:21:57 PM
Dick,IF you're talking about its break on 9-21,i've said this a few times here, you DO NOT need a filter to pick these up,all you need is a site such as i use ,www.smallcapcenter.com,punch in abnormal vol increase (in this case a nothing vol stock to 120k) and abnormal price increase,and for myself i like to use 15 and 80 day resistance break at smallcapcenter, i know that it picked it up that day because i remember looking at it,for squeeze breaks scans beats filters everytime imo
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rrochon
117 posts
msg #33718
- Ignore rrochon |
10/28/2004 3:07:18 PM
Thanks for the suggestions for BB Squeezes.
What can you add to a filter to assure you do not get OTCBB stocks? I like to trade low priced stocks, but Freetrade will not allow me to put buy or sell stops, so they have to be watched continously to protect gains and prevent losses.
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rrochon
117 posts
msg #33719
- Ignore rrochon |
10/28/2004 3:21:41 PM
Muddy,
I have found the window with the abnormal volume increase, etc., on it. Can you explain, step by step, how and where you enter the other parameters? I'm not sure I exactly follow your recommendations.
Thanks,
Dick
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yepher
359 posts
msg #33722
- Ignore yepher |
10/28/2004 5:48:29 PM
To exclude OTCBB
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kgriffen
49 posts
msg #33723
- Ignore kgriffen |
10/28/2004 6:04:37 PM
I use this filter daily:
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wallman
299 posts
msg #33733
- Ignore wallman |
10/28/2004 9:47:21 PM
Dick ,i use price 1 - 15, country USA, abnormal activity price up,abnormal volume up, 80 (and then 15)day resistance breakout,short term bullish,that's all ... the reason scan beats filter hands down imo is that with bb squeeze breaks they can be violent up moves that first day,with the scan if you can watch intraday you will catch them as they occur,if you can't you still have them for the next day,2 i caught huge recent were HIET on 10-18 for 85% one day profit and a beautiful squeeze break on ADSX for 38% on 10-13,look at the vol increase on those days they broke! ... i know you're in my stockfetcher group so i know you'll understand when i say both these stocks are included in my favorites list,a reason i wanted to jump them right at the start and not wait for an eod filter
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wallman
299 posts
msg #33740
- Ignore wallman |
10/29/2004 12:41:30 AM
Dick, one thing i forgot to mention,if you want to follow up on these with the stocks on my favorites list a really great way to do it is to take a stock that hit this scan (either or as i do both 15 and 80 day resistance) and wait a day or two for it to close down,then wait for a green hold and if the volume is average or above it is a good % play very many times ... it can be dramatic like ZTEL break of 80 day was a day ago or more subtle like ARDI break of 15,both have kept their volume up in the last day,ARDI in fact has the 3 day stairstep increase that i always like,i expect if either ARDI or ZTEL can hold green Friday they can run some good %
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rrochon
117 posts
msg #33742
- Ignore rrochon |
10/29/2004 12:52:35 PM
Thanks, Muddy. That sure brought up lots of stocks breaking out of the BB Squeeze. Most of them, as you said, had already broken out and might pull back in a day, or so, for an entry signal. I thought this was an end of day screen, but running it again this morning I see that it is an intra day, and can be watched for current break outs. "That's what I'm talkin about!"
A couple that broke out yesterday for gains of 13% to 17%, I expected to drop this morning from profit taking, but they are still going up. Curious.
Thanks again,
Dick
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