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A good Easy Scan for Longs and Shorts Rate this Topic:
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RobertG
Posted : Sunday, February 12, 2006 9:22:35 PM
Registered User
Joined: 10/7/2004
Posts: 17
 LONG
(C > 20) AND (AVGV50 > 500) AND

(C > MAXC5.1) AND (C > C1 + 1)

AND (V > 1.5 * AVGV50)


SHORT
(C > 20) AND (AVGV50 > 500) AND

(C < MINC5.1) AND (C < C1 - 1)

AND (V > 1.5 * AVGV50)
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Craig_S
Posted : Monday, February 13, 2006 6:11:08 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 For others reading this, here is what these formulas do:

"Long"
The stock price must be above $20. The average volume for the last 50 days must be above 50,000. Today's close must be a new 6-day high for the closes. The stock closed up at least $1 today and today's volume is at least 50% higher than the average volume.

"Short"
The stock price must be above $20. The average volume for the last 50 days must be above 50,000. Today's close must be a new 6-day low for the closes. The stock closed down at least $1 today and today's volume is at least 50% higher than the average volume.


- Craig
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