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How to Avoid Saw-tooth Stocks in scanning?
I am trying to create a scan that would avoid what I call "Saw-tooth" stocks (picture 1), and get results for smoother charts (picture 2).
What indicators should I use for my scan: ATR, Standard Deviation, Ulcer Index, others?
What criteria should I be looking for?
I am confused as to how to use those to find "smooth charting" stocks. Is it a question of low volatility? Don't know!