RE: Stage Analysis Beginners Questions
(2020-04-22, 11:35 PM)Joe725 Wrote: The daily Breakouts and Breakdowns thread, is this generated by a script or is this the case of you gong through your watchlist to see what is breaking out? I'm using ProRealTime but only focus mainly on UK stocks so was wondering if i could use the script for UK too?
It is the number of point and figure double top breakouts and the number of point and figure double bottom breakdowns using the traditional point and figure scale.
I run a simple scan for these each day on stockcharts custom scanner.
See stockcharts for a description if you are unfamiliar with how point and figure charts work
Double Top Breakout
https://school.stockcharts.com/doku.php?...bullish_bo
Double Bottom Breakdown
https://school.stockcharts.com/doku.php?...bearish_bd
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.