Thank you very much appreciate the explaination
rctrade

The late David Elliot created Momentum Bands and I used this on TOS as a trigger for buying and selling. Here is some info https://www.youtube.com/watch?v=c6DoN7wSTQ

Duh  Thanks Bruce Should have known that :)

Bruce thanks I have a Boolean Formula issue.

Bruce. I have two histograms I plot seperately  Distance price is from 21 day SMA and Distance from 50dSMA. I wanted to combine them such that I would get 1 histogram for the "Anding" of both.
So when anyone is zero the histogram is zero, When both are above zero the histogram is above zero, when both are below zero then histogram is below zero. Any other condition would make it zero.
When I tried plotting the formula below and made it a histogram it plotted positive if both wer above zero and nothing for everything else. DO I Need to make a negative histogram version and plot it on top of the poitive one?
Thnx
100 * (C / XAVGC21  1)>0 AND100 * 100 * (C / AVGC50  1)>0

Traderlady, what was your strategy to identify these stock candidates may I ask?

Thanks for your input 002ct...

Current Scan for Watchlist

I am looking at using fundamentals as a criteria for trading besides momentum. Would like to understand how others factor this in.
Here is what I am looking at as a starting point.
rctrade

Thanks Bruce will look at it
