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.
dear Mark i want to ask a question.
i want to do a scan looking for stocks that in the last 2 years fell by 50% to 99%, and then i want to take those stocks and run a scan looking for a consolidation pattern/range that the stock has traded in for the last 150 to 200 days of 100% (i.e. the stocks have traded WITHIN a 80% to 120% range in the last year.
This is what i came up with, can you help correct it?
//Price drop of 50 to 90% in the past 800 days
and [PctChange (800,close) <= -50]
and [PctChange (800,close) >= -99]
//Consolidation of between 80 and 120% range over the past 150 days
and [today's close < today's SMA(120,close) * 1.99]
and [today's close > today's SMA(120,close) * 0.01]