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Does anyone have any scans for flags on the daily time frame. Thanks in advance
and [10 days ago min(5, Fast Stoch %K(21,1)) < 20]
and [ 5 days ago max(5, Fast Stoch %K (21,1)) > 80]
and [Fast Stoch %K(21,1) < 80]
Stochastic is a way to tell where price has been in its range. So this says, somewhere between 10 and 15 days ago, price was in the lowest 20% of its 21 day range; then within the last 5 to 10 days it was in the upper 80% of its 21 day range (so in at least some of the hits there should be a pretty good rally - which is the flag pole); and in the past five days price has dropped below the 80% level, which may be the beginning of a flag.
Thanks for listing some criteria and your willingness to share. As you an tell, not getting much in the way of feedback and i appreciate your efforts to help and share.
and [RSI(14) > 60.0] and [RSI(14) < 80.0]
and [Stoch RSI(5) < 0.3]
and [min(5,low) > Middle Price Chan(20)]
and [high < Upper Price Chan(20)]
Thanks for taking the time to respond. After all that is what this forum is for . Thanks