RE: Beginners Questions
(2014-11-25, 10:19 PM)isatrader Wrote:(2014-11-25, 09:37 PM)pcabc Wrote: I'm tweaking my scoring system. I can't see that Weinstein's method says anything about the closing price on breakouts - e.g. whether it must be higher than the breakout level. If it does that would make sense - but I'd like to cross check with the view of others.
It was covered in the email interview that I did with Stan in May 2013 and depends on whether you are an investor or a trader, as it's different for both.
Here's a copy of it:
Thanks. That reminder is appreciated. I have a feeling of deja-vu, I think we may have discussed something similar in the past. I've tweaked my screener for a couple of the methods I use for detecting breakouts. For one I have increased the time window for detecting a breakout but tightened the volume criteria.