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Double Top / Doubl Bottom
Double Top / bottom ...Please help !
I am looking for a formula how to scan for double tops and triple tops:-
I have created the following-
Ideally I am looking
Double Top Stock Scan &
Double Bottom Scan
In the scan -
1. I would like the trough after the first peak to be > 10%
2. A Minimum of 4 weeks between initial top and second top
3. A second peak to be within 3% of the previous high
I have tried to write a scan as below but it doesn't work ! - any help appreciated
[type = stock] AND [Daily SMA(20,Daily Volume) > 40000] and [close > 10] and [exchange is NYSE] and [weekly close < last month close] and [PctChange(30,close) > 10] and [PctChange(90,close) < 10]