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NR4/IB scanning
You Are Here:Home > Articles > NR4/IB scanning
NR4/IB scanning
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Apr 02, 2006
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EmailThe NR4/IB Swingtracker scan:
((VOLAT5/ VOLAT200 <= 0.10 and MAV20 >=500000 AND CLOSE>7) and (high3-low3)>(high2-low2) AND (high2-low2)>(high1-low1) AND (high1-low1)>(high-low) AND low>low1 AND high<high1 )
The basic idea about this scan is that each behaviour is average reverting, meaning that a historical volatile stock in a current low volatile trading range, will SOON MOVE AGAIN UP or DOWN!
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