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scanning for trading ranges

is there a way to scan and see stock that are in trading ranges at least 90 days old how would one go about finding sideways stocks?

Comments

  • markdmarkd ✭✭✭
    You could experiment with the price channel overlay.

    and [Upper Price Chan(?) = ? days ago Upper Price Chan(?)]
    and [Lower Price Chan(?) = ? days ago Lower Price Chan(?)]

    If the price channel is equal to what it was, that shows that price has not wandered above its highest price some number of days ago, or below it's lowest low some number of days ago.

    So for 90 day trading range you would have to choose a longer period for the channel - maybe 100 or 120.

    Put a price channel overlay on your chart style to get an idea.

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