curtis33e 15 posts msg #50170 - Ignore curtis33e | 
2/21/2007 10:52:00 PM
  I have been trying to mimic a certain patter that I have seen over and over again produce huge gains. This pattern also appears in the penny land. The stocks that I have been looking at are ACGI and EFSF. What I have been trying to build is a filter to find stocks like these. This is what I have so far.
 
 Show stocks where MACD fast line(12,26) is below 0.001
 and MACD fast line(12,26) is above -0.001
 and MACD fast line(12,26) has been increasing over the last 8 weeks
 and slope equals zero
 and Average Volume(90) is above 50000
 
 
 Any help would very much be appreciated.
 Thanks in advance
 
 
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maxreturn 745 posts msg #50177 - Ignore maxreturn | 
2/22/2007 11:38:42 AM
  Slope of what?
 
 
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curtis33e 15 posts msg #50178 - Ignore curtis33e | 
2/22/2007 11:53:02 AM
  I was looking at the slope(20). What I am trying to do is scan for stocks that the MACD has been riding the zero line for at least 6 weeks. It seems to me that when stocks stay in this range for a long period of time they seem to have higher gains.
 
 
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