New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
"Rounded Bottom Breakout" or upside down "Head and Shoulders" scan

anwaorgu
✭
Does anyone know the syntax or commands for scanning "Rounded Bottom Breakout" or upside down "Head and Shoulder". Thanks
0
Answers
-
The Stockcharts scan engine is oriented toward finding discrete indicator signals, like MACD crossovers. It is not oriented toward finding price patterns that develop over an extended period of time. That is not to say it can't be done, but it takes a lot of experimentation with different indicators and overlays and their parameter and time frames to come up with something that captures what you are looking for. Also, because each instance of a pattern develops uniquely, any scan you come up with (even for much simpler patterns), besides hitting a few good patterns, will capture some junk and miss some patterns your eye would tell you are good. But you might explore the built-in P&F pattern scans to see if any might correspond with the price bar pattern you are looking for.0
Categories
- All Categories
- 2.3K StockCharts
- 395 SharpCharts
- 146 Other Charting Tools
- 69 Saved Charts and ChartLists
- 1.5K Scanning
- 73 Data Issues
- 177 Other StockCharts Questions
- 218 Technical Analysis
- 155 Using Technical Analysis
- 2 InterMarket and International
- 19 Market and Breadth Indicators
- 42 Market Analysis
- 109 Trading
- 109 Trading Strategies
- 163 S.C.A.N the StockCharts Answer Network forum
- 65 Using this StockCharts Answer Network forum
- 98 s.c.a.n. archives
- 5 Off-Topic
- 6 The Cogitation & Rumination Emporium
- Forum Test Area