This Code should find very strong oversold Stock on Daily or Weekly Chart. I Prefer Weekly.
Its from Elders Book.
1 2 3 4 5 6 7 8 9 10 |
c1 = ExponentialAverage[26](close) c2 = ExponentialAverage[26](close)[52]/2 c3 = c2 > c1 c4 = ExponentialAverage[26](close) > ExponentialAverage[26](close)[1] c5 = c3 and c4 c6 = Average[52](close*volume) > 3000000 c7 = Average[52](close*volume) c8 = high > highest[13](high)[1] c9 = (close*volume) > Average[52](close*volume) screener [c5 and c6 and c8 and c9] (c7 as "L-Reversal") |
Share this
No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.
ProRealTime ITF files and other attachments :
Filename : download the ITF files
How to import ITF files into ProRealTime platform?
PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials