jbusch
4 posts
msg #86219
- Ignore jbusch |
1/14/2010 9:48:58 AM
Hi, I'm creating a breakout filter, and one of the components of the screen is that a stock should be within 10% of its 3-month high. I tried using this...
"and price is within 10% of its 12 week high"
... but I am getting a syntax error. Could someone please help me phrase this correctly? I'm sure it's a simple fix.
|
heypa
283 posts
msg #86229
- Ignore heypa |
1/14/2010 11:10:32 AM
I would use close > 90 percent of close 13 week high.
|
miketranz
961 posts
msg #86302
- Ignore miketranz
modified |
1/14/2010 4:47:24 PM
J,just keep your eye on the 12 wk highs list for stocks that are breaking out.The move is already confirmed.If it's a high volume,long range day move,buy on the close for entry.Your method is more like stalking and waiting for a move to occur.Not a bad method,just a lot of waiting.Also,the best breakouts come off long consolidations...
|
jbusch
4 posts
msg #86346
- Ignore jbusch |
1/15/2010 8:45:53 AM
Thanks for the replies guys.
Heypa, your language didnt' work for some reason. The syntax was accepted, but it was excluding several stocks that were within 10% of the high.
|
heypa
283 posts
msg #86372
- Ignore heypa |
1/15/2010 12:55:11 PM
You're probably right. Stockfetcher sometimes has several ways to arrive at the results you are looking for,but there will be unexpected differences. It's a computer. It's a software program. If you're smart enough you can research it and probably solve the problem. For me it's not worth it. I don't expect perfection or I wouldn't use any small hand held calculator to make up foe my arithmetic inadequacies.
|
SAFeTRADE
644 posts
msg #86406
- Ignore SAFeTRADE |
1/16/2010 1:00:22 AM
You might try the following.
set{screen, close / high 3 month high}
screen > .90
screen < 1.
|
four
5,087 posts
msg #86408
- Ignore four |
1/16/2010 3:15:32 AM
|