[isatrader]

This stockcharts scan is an attempt to look for stocks making a consolidation of at least 5 days within 5% of their 20 and 50 day highs, and is an attempt to find cup and handle or VCP patterns before the breakout.

Code:

[type = stock]
and [country is US]
and [SMA(200,volume) > 400,000]
and [exchange != PINK]
and [group IS NOT ETFNOUI]
and [close < Upper Price Chan(20)]
and [close < Upper Price Chan(50)]
and [Upper Price Chan(20) = 5 days ago Upper Price Chan(20)]
and [SMA(150) > yesterdays SMA(150)]
and [close > yesterdays Upper Price Chan(20) * 0.95]
and [close > yesterdays Upper Price Chan(50) * 0.95]