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CLIMAX0

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SwingLabs
[ Intro | Action | Copy/Paste ]
[ SWINGS : FORCE + Revival + Triangle + Cross + 1-2-3-4 + Window ]
[ BREAKOUT : Bowl Pattern ]
[ REVERSAL : ClimaxO + Reverse ]
[ YOURS : EarlOdell + GaryLBlue + JohnT + Truswell + Rob1 + Rob2 + TravisWitcher ]

Scan Functions Library

having some ideas/codes to share with use? need help in coding?
ADD YOURS HERE...

"Who Else Wants Powerful Real-Time Scanning And Charting Software For The Same Price As A Daily Cup Of Coffee?" Check it out now...[AD]

Reversal
a price pattern suggesting a change in the existing trend

Title:
CLIMAX0
LONG
We use this scan to search for stock that has been in an downtrend but suggesting a change in the direction of the trend.
With this scan we try to detect stocks for potential long reversal trades.
 
Code:
MAV20 >=500000 AND we stay away from stocks that trade less than 500,000 shares of the 20-day Volume Average to ensure liquidity (sometimes we use 250,000 instead, depending on market conditions)  
  CLOSE>12 AND to be sure we do not trade cheap stocks (sometimes we use 7$ instead, depending on market conditions)  
  LOW <= MIN40_1 AND to be sure the stock is trading near or at a 2 month low  
  VOLUME>2* MAV20 AND today's volume must be double its 20-day average volume  
  CLOSE > OPEN the stock must close above its open  
Type(s):
reversal
long
 
  MAV20 >=200000 AND CLOSE>12 AND LOW <= MIN40_1 AND VOLUME>2* MAV20 AND CLOSE > OPEN

copy the code from the left into your clipboard (CTRL-C) and paste the code into SwingTracker (CTRL-V) see how to copy/paste and have fun!!!  

Only trade what you like !

Example:

1
SwingTracker©

Title:
CLIMAX0
SHORT
We use this scan to search for stock that has been in an uptrend but suggesting a change in the direction of the trend.
With this scan we try to detect stocks for potential short reversal trades.
 
Code:
MAV20 >=500000 AND we stay away from stocks that trade less than 500,000 shares of the 20-day Volume Average to ensure liquidity (sometimes we use 250,000 instead, depending on market conditions)  
  CLOSE>12 AND to be sure we do not trade cheap stocks (sometimes we use 7$ instead, depending on market conditions)  
  HIGH >= MAX40_1 AND to be sure the stock is trading near or at a 2 month high  
  VOLUME>2* MAV20 AND today's volume must be double its 20-day average volume  
  CLOSE < OPEN the stock must close below its open  
Type(s):
reversal
short
 
  MAV20 >=200000 AND CLOSE>12 AND HIGH >= MAX40_1 AND VOLUME>2* MAV20 AND CLOSE < OPEN

copy the code from the left into your clipboard (CTRL-C) and paste the code into SwingTracker (CTRL-V) see how to copy/paste and have fun!!!  

Only trade what you like !

SwingLabs
[ Intro | Action | Copy/Paste ]
[ SWINGS : FORCE + Revival + Triangle + Cross + 1-2-3-4 + Window ]
[ BREAKOUT : Bowl Pattern ]
[ REVERSAL : ClimaxO + Reverse ]
[ YOURS : EarlOdell + GaryLBlue + JohnT + Truswell + Rob1 + Rob2 + TravisWitcher ]

Scan Functions Library

having some ideas/codes to share with use? need help in coding?
ADD YOURS HERE...

"Who Else Wants Powerful Real-Time Scanning And Charting Software For The Same Price As A Daily Cup Of Coffee?" Check it out now...[AD]


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