udisgv7
13 posts
msg #37785
- Ignore udisgv7 |
9/3/2005 7:26:20 AM
HAY GUYS
can you guys help me creating a filter for stocks creating flat horizontal channel for last several months?
i mean a channel in which the price will move +/- 10-15% from imaginary avarage price. volume ,duration and close price are not important at this point as they can be varied.for the test lets say that duration 6 months, close is 5 and avarage volume(30) is above 5oooo.
some examples : STV during 3-6/2005, IPII during 9/2004-4/2005, ENG during 1-5/2005, MPWG during last year, etc.
THANKS GUYS.
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TheRumpledOne
6,411 posts
msg #37799
- Ignore TheRumpledOne |
9/3/2005 3:30:09 PM
Vary this line:
60 day slope of the close is between -.03 and .03
to get flatter channels.
60 day slope of the close is 0 would give you a "perfectly" flat channel.
Column chwidth is the channel width.
Column chpct is the percent of the channel width compared to the low price.
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne
6,411 posts
msg #37800
- Ignore TheRumpledOne |
9/3/2005 3:31:13 PM
I just wanted to see if there were any perfectly flat channels.
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TheRumpledOne
6,411 posts
msg #37801
- Ignore TheRumpledOne |
9/3/2005 3:33:52 PM
DANG TYPO!!
Much better.
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shelupinin
120 posts
msg #37802
- Ignore shelupinin |
9/3/2005 3:36:33 PM
should be something like this:
but this filter not works correctly because in first line "price" is not price for today, but price for every particular day over last 100 days, I don't know how to set variable for TODAY price :(
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TheRumpledOne
6,411 posts
msg #37803
- Ignore TheRumpledOne |
9/3/2005 4:09:29 PM
shelupinin
If you look at my filter, you will see you have to use high 60 day high, low 60 day low to get the ceiling and floor.
Then you compare each day's price to those.
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