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Triangle

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Swings
the stock must be experiencing a minor decline/pullback
within the context of a uptrend
or
the stock must be experiencing a minor rally as part of a downtrend

Title:
TRIANGLE
LONG
(Track3)
We use this scan to search for stock that has been in an uptrend but consolidating for several days.
With this scan we try to detect stocks for potential long swing 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)  
  CLOSE > SMAC20 to be sure the stock is still in an uptrend  
  HIGH2 > HIGH1 AND
HIGH2 > HIGH AND
LOW2 < LOW1 AND
LOW2 < LOW
look 3 days back: its high should be higher than the next 2 days, and its low should be lower than the next 2 days  
  HIGH1 > HIGH AND
LOW1 < LOW
look 2 days back: its high should be higher than the last trading day, and its low should be lower than the last trading day  
Type(s):
swings
long
 
  MAV20 >=500000 AND CLOSE>12 AND CLOSE> SMAC20 AND HIGH2 > HIGH1 AND HIGH2 > HIGH AND LOW2 < LOW1 AND LOW2 < LOW AND HIGH1 > HIGH AND LOW1 < LOW
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:

CB 02/22/2002
1

SwingTracker©

Title:
TRIANGLE
SHORT
(Track3)
We use this scan to search for stock that has been in an downtrend but consolidating for several days.
With this scan we try to detect stocks for potential short swing 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)  
  CLOSE < SMAC20 to be sure the stock is still in an downtrend  
  HIGH2 > HIGH1 AND
HIGH2 > HIGH AND
LOW2 < LOW1 AND
LOW2 < LOW
look 3 days back: its high should be higher than the next 2 days, and its low should be lower than the next 2 days  
  HIGH1 > HIGH AND
LOW1 < LOW
look 2 days back: its high should be higher than the last trading day, and its low should be lower than the last trading day  
Type(s):
swings
short
 
  MAV20 >=500000 AND CLOSE>12 AND CLOSE < SMAC20 AND HIGH2 > HIGH1 AND HIGH2 > HIGH AND LOW2 < LOW1 AND LOW2 < LOW AND HIGH1 > HIGH AND LOW1 < LOW

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 !



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