Micro Double Tops/Bottoms |
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slips
Regular Joined: 20 Oct 2009 Posts: 21 |
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Topic: Micro Double Tops/Bottoms Posted: 16 Mar 2010 at 2:57pm |
when i do my trades ticker some of the prices come up with sh ep sx beside them mayb showing my ignorance but wats it mean regards slips
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slips
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wacazac
Newbie Joined: 14 Mar 2010 Posts: 4 |
Post Options Quote Reply Posted: 14 Mar 2010 at 12:37pm |
I have been eyeballing charts for these patterns which are reasonably successful but very time consuming to find so if someone could code it up for a scan that would be great.
For Double Bottom 1/ 50 day ma of today must be greater than yesterday 2/ Must be minimum of 2 bars between low points 3/ Maximum 15 bars between low points 4/ Entry is High of first outside bar counting back from 2nd low 5/ Lows can be different by point 5% (don't have to match exactly) 6/ Stop is 1 cent below 2nd low point For Double Top Reverse Double Bottom This is NOT my work, it's from "Adaptive Analysis for Australian Stocks" & no I'm not selling the book Regards Wacazac |
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