Thursday, May 03, 2007

ADDING A FILTER TO MY METASTOCK STOCK SEARCH TO LESSEN SIGNALS

During my most recent modification of my search does bring up quite a few buy/sell signals during a sideways moving stock. My idea is that if I add a "filter", I can decrease the number of buy/sell signals during sideways movement.

Here are what some searches on Google provided:
Higher Volume Exploration
Required: today's volume to be greater than the highest high over the past 21 days.
MetaStock Explorer filter: V>Ref(HHV(V,21),-1)

Let's see if this helps.

Glad I waited on TS. It looks as if there may be an upturn instead of a sell-off. Congrats if you got in on ANST. If you didn't get in on AF, now would be a good time. Same for MCO. Go ARNA, go ARNA, go ARNA!!! ??Double-bottom on TWGP at $30?? A purely technical trade is IFOX based upon the ADX cross that I follow along with higher than average trading volume along with RBN. I wish I could just trade everything I see. Watching WW is showing some good signs as of late. It looks as if WW is using its 50 day moving average as a springboard. A break above $50.71 would be beneficial.

I am still on the buy-side of USD/JPY and it is currently trading at $120.40 up from $120.18 where I bought it. The Asian markets were quiet this week due to holidays, so there may be another move tomorrow. My EUR/CAD trade is also in the positive territory. If you wish to look at forex:
www.fxcm.com gives one the capability to check out forex charts for free.
http://forex.tradingcharts.com/quotes/ provides real-time quotes to check out forex quotes for free

Good luck trading.
JD

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