Tuesday, December 5, 2006

FINDING UBB ZONE (EMA13/SMA20) PULLBACKS

These are the ways i find them:
(1) I run a filter to show stocks that have hit a new 52 week high in the last day and use date offsets of between 1 and 14 and look in the "performance" column and look for ones that are negative.Then i eyeball the chart.

(2) I run a filter to show stocks that have gained more than 8% in the last day,same procedure as above with date offsets and negatives.

(3) I run a filter to show stocks that have increased their average volume(90) by 300% in the last day, same procedure as above with date offsets and negatives.

numbers 2 and 3 will give you squeeze/volume/price breakouts also
DO NOT use any volume criteria on these 2 filters as that will defeat the purpose

And thanks go out to Jacob from our group for this zone pullback filter which i run :

cema(volume,60) > 150000
high <> ema(30)
close > ema(30)
close <> ma(200)
weekly ma(10) > weekly ema(30)
ADX(10) > 30
price between .20 and 20 and date offset is 0

2 comments:

Unknown said...

Hi Muddy,
Not clear on this code:
high <> ema(30)
close <> ma(200)
Stockfetcher doesn't support the "not equal to" symbol. This looks a little different than what Jacob posted in the SF forum. Did you tweak it along the way?

Also, I have been avidly reviewing your logs compiled during your trading day chat session. Would it be possible to obtain an archive of the previous chats that are not posted on the site? My email is twostephater at yahoo dot com. Thank you

Anonymous said...

Hi,
I don't wtite code so someone else must have written it,probably Therumpledone.
best to ask on the SF forum thread where you saw it.

You can find chatlogs from 11/21 to 12/19 at http://finance.groups.yahoo.com/group
/StockFetcher/
msgs# 9902 to 9991
the ones between 12/19 to the ones posted on my blog are gone i'm afraid
Muddy