Elder-L-Reversal Scanner from Alexander Elders Book

Category: Screeners By: odin Created: January 29, 2018, 9:50 AM
January 29, 2018, 9:50 AM
Screeners
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This Code should find very strong oversold Stock on Daily or Weekly Chart. I Prefer Weekly.

Its from Elders Book.

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")

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Filename: Elder-L-Reversal-Scanner.itf
Downloads: 277
odin Veteran
secundary school-education to banker staff-multiple host part time - economist partime like: reading-thinking biases and chess.
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