Need Help Drawing Target Line - StockFetcher.com Stock Screener

StockFetcher Forums · General Discussion · Need Help Drawing Target Line

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nayah 1 posts msg #51660 - Ignore nayah	5/17/2007 4:25:55 PM I would like to draw two lines on my chart. One line would be 5 percent above closing price and the second line would be 3 percent below closing price. The 5 percent line would be my target price and the 3 percent line would be my stop loss. Hope this makes sense. Thanks for your help.
lockwhiz 206 posts msg #51663 - Ignore lockwhiz modified	5/17/2007 7:42:30 PM Is this what you want ? Fetcher[ set{sell,close * 1.05} set{stop,close * .97} /* * you filter goes here * / price is between 10 and 11 / * you filter goes here * */ and draw sell on plot close and draw stop on plot close add column sell add column stop ]
lockwhiz 206 posts msg #51665 - Ignore lockwhiz modified	5/17/2007 8:46:04 PM I noticed that the "stop" value signaled a good entry point when crossing above the lower BB ... so I modified your lower "stop levels" to be a trigger, at a lower level. Let me know what you think ! Fetcher[ /* THE SIMPLE TRIGGER / set{target,close 1.05} set{trigger,close * .86} and draw target on plot price and draw trigger on plot price and draw Bollinger Band(20) and trigger crossed above lower bollinger band(20) /* WEED OUT THE SLOW - NON VOLATILE STOCKS / set{cashflow,average price(5) average volume(5)} and cashflow is greater then 250000 /* SEE MORE TECHNICALS / and draw fast stochastics(5,5) and draw slow stochastics(5,5) and draw MACD(16,26) and do not draw cashflow / ADD COLUMNS TO SEE THE NUMBERS / add column target add column trigger / SORT BY PRICE / and sort column 2 ascending / ***** OFFSET ***** */ and offset 0 ]
lockwhiz 206 posts msg #51666 - Ignore lockwhiz modified	5/17/2007 9:36:54 PM Fare Well !!!!

StockFetcher Forums · General Discussion · Need Help Drawing Target Line

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