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Jun 30, 2006 - The MrSwing Forum
We strongly suggest that you keep track of what is going on in our forum. Occasionally, you’ll find a gem, and you’ll always find helpful and friendly people – from the MrSwing staff to frequent contributors (thanks!) such as eigh8or.
Here’s a gem from the forum, posted in April by mrswing...
The code:
LOW >= MIN20_1 AND LOW <MIN20_1*1.01 AND CLOSE > 7 AND MAV20 > 500000 AND CLOSE > OPEN AND STO12_K < STO12_D AND FORCE3 < FORCE13
It’s a little rough around the edges, but that’s how many good discretionary traders want it; it ensures that you get to see the important charts, which might not be the perfect ones.
If you’re a little more picky, try this one:
MAV20 > 500000 AND CLOSE > 7 AND LOW >= MIN20_1 AND LOW < MIN20_1 * 1.01 AND LOW1 > MIN20_1 AND LOW2 > MIN20_1 AND LOW3 > MIN20_1 AND LOW4 > MIN20_1 AND LOW5 > MIN20_1 AND STO12_K < STO12_D
Both scans produced some good results.
A chart from the first scan:
Start Your 4 Weeks FREE Trial NOW!!!
A couple charts from the second scan:
Start Your 4 Weeks FREE Trial NOW!!! Discuss this article in the forum. ...thanks
for the trust you've shown in me and my business.
Disclaimer: Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests. Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk. There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.
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by Larry Swing
