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Registered User
Joined: 3/1/2010
Posts: 4
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Good Morning,
I am StockFinder Platinum user and need help.
What will be the "RealCode" to find the stocks which are consolidating for at least last 30 candles and then give a large candle to start upward move. For example:
March 11th intraday--BPZ @ 3:20PM
March 11th intraday--BMY @ 3:08PM
March 11th intraday --ZION @ 2:52PM
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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While I appreciate examples used to clarify a definition, I cannot help you create something based entirely on examples. What are your particular unambiguous objective definitions of "consolidating" and "large candle to start upward move"?
-Bruce
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Registered User
Joined: 3/1/2010
Posts: 4
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Bruce
Okay, then,
How can I use Stockfinder filter out the stocks that are breaking out from sideways trading?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I cannot help you with ambiguous "I know it when I see it" terms such as "sideways trading" which mean different things to different people (or create stuff from examples alone). You need to define your terms in a way that can't be interpreted multiple ways for me to be able to help you learn how to implement them.
The first step to identifying something is defining it.
-Bruce
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Registered User
Joined: 3/1/2010
Posts: 4
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Bruce,
I don't know how else to explaine to you, " sideways trading" is consolidation. When market is trading in a very narrow range.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I guess that's kind of the point. You need to know what you are looking for beyond "I know it when I see it type terms". It's the first step to being able to mechanically identify what you are looking for and it's not something I can really help you with. I can't define terms for you. If you do know what you are looking for objectively instead of subjectively, you will be able to explain it.
By itself "very narrow range" is pretty much meaningless gibberish. What makes it "narrow"? Is the range over the period less than some arbitrary dollar value? Is the range over the period less than some arbitrary percentage of the minimum value during the period? Is the range over the period less than some arbitary percentage of the range over a longer period or previous period? Is the range over the period less than some arbitrary multiple of the average range over the same period? Is it narrow because of some combination of the above or possibly something else entirely?
-Bruce
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Registered User
Joined: 3/1/2010
Posts: 4
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Please give me a "Realcode" to find stockks that are consolidating for last 30 days.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I can't until you have defined what you mean by consolidating. Your question is meaningless (or has too many possible meanings) without an objective definition.
I can't define consolidating for you. The trainers can't give setting, interpretation or investment advice.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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