[isatrader]

Thanks! Apart from the whole market collapse this would have been a decent stock to look at then?

Not overly, as it was a very average breakout with no strong close or significant increase in volume on or following the Stage 2A breakout in October, and it was slightly underperforming the market following the breakout too. So more of C candidate than the A+ candidates that we are looking for at its breakout in October. The December continuation breakout was slightly more promising as the volume was up a little, but again it still wouldn't have meet the minimums that we look for.

I'm currently using the coding for ProRealTime you provided which is amazing thank you so much for the time and effort you've put into them! Am I correct in thinking the process is to run the scans and then look through all the stocks and personally decided what i think is going to be breaking out into Stage 2?

I idea with the scans is to look for stocks that are either starting to form promising patterns that may lead to a potential Stage 2A breakout or Stage 2 continuation breakout, or to find stocks that have already broken out and are showing the characteristics that we look for, and hence may be worth watching for when they make their next consolidation or pullback for a potential entry point to form.

Patience is key. As it's better to focus on finding the highest quality setups in sectors that are getting a significant volume boost.

Average volume equals average returns