mslattery@dc.rr.com
91 posts
msg #103760
- Ignore mslattery@dc.rr.com |
12/14/2011 1:20:47 AM
This is really simple and yet it does not work. I want to find stock where the Closing price was Close to the High of the day for the last three days.
The three line filter below is determining the percentage difference of the Close from the High.
/* #5 CLOSING STRENGTH */
set {score1, High - Low}
set {score2, score1 / High}
Show stocks where the score2 is below 0.05 for the last 3 days
add col score2
and sort column 5 descending
A lost of the candles that come up in the filter results are red which simply does not compute?
Looking for stock showing strong strength for short term trades.
Greatly appreciate any assistance. Thanks Michael
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dwiggains
444 posts
msg #103776
- Ignore dwiggains |
12/14/2011 10:03:00 AM
Hi
The high is only todays high
and the low is only todays low in your equation
This gives a lot of stocks because you are really saying the ATR is less than 5%.
Most stock do not move more than 5% in a day.
Good luck
See ya
David
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mslattery@dc.rr.com
91 posts
msg #103783
- Ignore mslattery@dc.rr.com |
12/14/2011 3:33:49 PM
Hi David:
Thanks for your assistance. The string should have been High - Close not High - Low.
It's still returning a lot of red candles. I will work on this for the next few days and post what I come up with.
Looking for three green candles where the close of the day was at or very close to the close.
Michael
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Eman93
4,750 posts
msg #103789
- Ignore Eman93 |
12/14/2011 6:06:01 PM
Within 99.9% of the days high
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