Touch of 10 Week MA Scan
Another weekly screen you might find useful is a touch and then close above the 10 week MA, with a rising 30 week MA. As this mostly gives you pullbacks within Stage 2 to manually look through for the best candidates. Here's the code for prorealtime's proscreener:
Code:
indicator1 = Average[10](close)
c1 = (low CROSSES UNDER indicator1)
indicator3 = Average[30](close)
indicator4 = Average[30](close)
c2 = (indicator3 > indicator4[1])
indicator5 = Average[10](close)
c3 = (close > indicator5)
Condition1 = (Close[0]-Close[5]) / AverageTrueRange[200](close)
SCREENER[c1 AND c2 AND c3] (Condition1 AS "ATR change")
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.