Stock Charting
Stock Screening
Stock Research
Stock Charting
Stock Screening
Stock Research
Chartsmart Professional offers some unique capabilities for screening on technical indicators. You can visit our web site which shows examples. For example, the following would be a formula to screen out stocks over a 150 day period having a gradual decline
An Asymptopic Price Decline over 150 trading days - This formula looks back about 150 trading days then specifies that the price then was at least within 30% of the high of the range, then it specifies that over 75 days ago that it had declined to at least 40% of the range then currently it trades within 30% of the low of the range. Usually this screens out a lot of OTCBB charts. It is a good example though of how you can create your own price patterns.
#150last#/(#150last#-#last#)>.7.and.#75last#/(#150last#-#last#)<.4.and.#last#/(#150last#-#last#)<.3.and.#close#>0
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Complex Technical Indicator Screens
Posted by chartsmart at 9:08 PM
