What I am looking for is simply a "U shaped" reversal on the 8 EMA .. trying to find bottoms and reversals ... on stocks that have been trending down and have reversed over the past 3 weeks or so ...my scan doesn't work ... simple chart (QUIK) ... from early October to late October ... "U" shaped Tline trend reversal (Tline = 8 EMA)
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Thank you for the advanced (indicator) formula .. how do I use productively to find stocks whose Tline is in a trend reversal?
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Hello - I am trying to construct an 8-day EMA trend reversal PDF ... and I want each stock to me UP today ... I am running for all stocks over $4 with an average 30 day volume of 250,000 ... I am trying to find stocks that are reacting to a "U shaped" 8 EMA line ... this is what I have .... perhaps my approach of calculating SLOPE of the 8 EMA line is not the best approach. This is over the past 3 weeks.
(I am unable to CUT and PASTE PDF here for some reason)
The name of the PDF is "Tline Reversal - Worden" if you can look at it .. thanks.
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Thank you Bruce. Could you please tell me where to find the "classic" BB Squeeze < 6% from the center line? Can these formulas be cut and paste into a V12 condition? Please advise. THANKS again!
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This process is going pretty slow .. could you please provide me with the date of your post to answer my question?
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Hello -
Can you please tell me how to create a PCF to determine the % gap between the upper BB and the lower BB? Thank you.
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Hello .... I've reviewed the dialogue contained in the Discussion area. I don't agree that a Bollinger Band squeeze within 6% is the same as having a closing price within 6% of the 20 day moving average. I'd like to use the V12 condition formulas to subtract the value of the LowerBB(20,2) from the UpperBB(20,2) .. and having that % be no more than 6% .. so I need something like (UpperBB(20,2) - LowerBB(20,2))/LowerBB(20,2) <= .06 .... I'm not sure how to best construct this formula/condition using V12. I'll add other conditions as well to create the ultimate EasyScan. Please advise. Thank you.
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You are CORRECT .. I had it on a weekly chart .. VERY sorry for the inconvenience ... :-(
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I did .... the line is well below where it should be on the chart I'm guessing
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Yes .. that's what I'm doing ... I deleted the 50 day SMA line ... and (re)added it ... same thing .... ????
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