BullScript: NR7

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NR7

Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullScript
Forum Discription: Technical discussion related specifically to the BullScript programming language.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=578
Printed Date: 20 Apr 2025 at 6:58am
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com

Topic: NR7

Posted By: jalna
Subject: NR7
Date Posted: 20 Sep 2009 at 5:55am

Hi I'm trying to write a scan for the narrowest range of the last 7 days
A price bar with a smaller high-low range as compared to the others in the last 7 days
I can't seem to write this with the offerings of the scan criteria

Replies:

Posted By: maximo
Date Posted: 21 Sep 2009 at 3:00pm

Good scan Jalna

Select new scan and use Bullscript option.

H-L<hist(H-L,1) and H-L<hist(H-L,2) and H-L<hist(H-L,3) and H-L<hist(H-L,4) and H-L<hist(H-L,5) and H-L<hist(H-L,6)

I scan ASX300 looking for ones with resistance areas which show rising OBV, Volume, Resistance level and or Pattern.

eg. CAB (resistance level), TAP, IFL, SKE (weekly flag). (18-09-2009)

Posted By: jalna
Date Posted: 21 Sep 2009 at 3:49pm

Thanks Maximo. yes it sounds like a good scan. Do you wait for the breakout. I'm a bit sick of fake outs but having some success getting in early as long as i can watch the depth for a bit
ooh the market, the ever changing creature.
Then ther is the NR3 too

Posted By: maximo
Date Posted: 22 Sep 2009 at 12:43pm

Yes, either wait for a breakout or a breakout from the breakout is even safer. ie. it breaks out, retraces and buy above the breakout high.