philipina
8 posts
msg #158190
- Ignore philipina |
12/14/2021 3:32:56 AM
Hi,
Here below is a filter I just made to find stocks with Momentum.
This is based on the 4% breakout from Stockbee but with small improvement by adding a can on the MA.
/*
This filter will search fro 4% breakout WHERE
- Price > 0.2
- The candle was green on the day
- The Volume is above 100K
- The volume must be higher than the previous day
- The price is either above the MA50 OR above the M20 if the MA20 is moving UP
*/
/*Condition 1 = Close should be above MA20 AND the MA20 is moving UP*/
set{A1, count(close is above MA(20),1)}
set{B1, count(MA(20) is above MA(20) 1 day ago, 1)}
set{condition1, A1 * B1}
/*Condition 2 = Close should be above MA50*/
/*-----------------------------------------*/
set{condition2, count(close is above MA(50), 1)}
/*Condition 1 or 2 should be met*/
set{atLeastOneMAConditionIsOK, condition1 + condition2}
show stocks where close is more than 4% above close 1 day ago /*4% UP on the day*/
and close is above open /*Candle closed green at the end of the day*/
and close is above 0.2 /*Minimum price = 0.2*/
and volume is above 100000 /*Minimum volume is 100K*/
and volume is more than 5% above volume 1 day ago /*The volume must be higher than the previous day*/
and atLeastOneMAConditionIsOK is above 0
draw MA(20)
draw MA(50)
do not draw MA(90)
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