gquinting 2 posts msg #106510 - Ignore gquinting |
6/3/2012 9:30:06 PM
I'm trying to figure out why when I try to input a filter that I created from scratch to show a particular candlestick pattern I get different results from the default command from Stockfetcher.
Here is my attempt at creating a Matching Low reversal:
Show stocks where close 1 day ago was below open 1 day ago
and open is above close 1 day ago
and close equals close 1 day ago
Today when I run it (5/3/12), I get 42 results. They look accurate, all are matching low. I'm not even describing a downtrend here for the setup, which I imagine would produce even fewer results.
Then if you run the stockfetcher default: pattern is Bullish Matching Low , I get 51 results. When I look at the results, I don't see that all of them are Matching Low. Some of the results from the Stockfetcher screen don't look like Matching Low to me.
I'm new to Stockfetcher, not new to tech analysis, and hoping I can get some help. I'm trying to create about 8-10 candlestick patterns that I've always traded on in the past and am looking for some guidance.
Thanks!
Glenn
|