Ratio of white to black candles - StockFetcher.com Stock Screener

StockFetcher Forums · General Discussion · Ratio of white to black candles

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dbyrt 70 posts msg #51439 - Ignore dbyrt	5/5/2007 11:21:05 PM Anyone think of how to come up with a filter for finding stocks that exhibit more white candles than black (by %) over a period n? There are filters that look at just a few recent candles, e.g., three white solders, but I want to set the number of days and look for stocks that have propotionate more whites than black. e.g, take a look at TUBR currently, (admitedly not a typical stock), but not had a down day yet!! Help please.
rtucker 318 posts msg #51445 - Ignore rtucker	5/6/2007 10:02:34 AM Something like this may be what you want. Search forums on "Cegis white candles". he was a great programmer who worked this problem out for someone long ago. Fetcher[/****WHITE CANDLE DAYS****/ set{Myupvol, count(close is greater close 1 day ago,1) volume} set{Sumup, sum(Myupvol,10)} set{Totalwhites, count(close is greater than close 1 day ago,10)} set{Avgvolwhites, Sumup / Totalwhites} /*****RED CANDLE DAYS******/ set{Mydownvol, count(close is less than close 1 day ago,1) volume} set{Sumdown, sum(Mydownvol,10} set{Totalreds, count(close is less than close 1 day ago,10) } set{Avgvolreds, Sumdown / Totalreds} add column Totalwhites add column Avgvolwhites add column Totalreds volume > 1000000 and close > 10 sort column 5 descending]
dbyrt 70 posts msg #51450 - Ignore dbyrt	5/6/2007 1:37:59 PM Thanks very much. Combined with the previous post from cegis that has helped a lot.

StockFetcher Forums · General Discussion · Ratio of white to black candles

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