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Close Within a % Range

!Close today within 60 - 70% of Close 10 to 40 days ago.
CloseToday60Percentormore if [Close] >= (Close10to40 * 0.60).
CloseToday70percentorless if [Close]<= (Close10to40* 0.70).
Close10to40 is HiVal([Close],30,10).

Close60to70 if CloseToday60Percentormore and CloseToday70percentorless.

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John Hunt's Exploration

!! John Hunt's Exploration. When today's (close - moving average) > 0, when yesterday's (close - moving average) <= 0
!! when highest value of 3 day moving average of yesterday's (close - moving average) over past 19 days <= 0
!! and finally, when today's close < 80% of highest value of all closes for past year. !! (The third test is to eliminate past false breakouts.)

Close is [close].
YClose is val([close], 1).
Today25 is [close] - Simpleavg([close], 25).
Yesterday25 is valresult(yclose, 1) - simpleavg(yclose, 25).
Today3 is [close] - simpleavg([close], 3).
Yesterday3 is valresult(yclose, 3) - simpleavg(yclose, 3).
HighValforYear is highresult([close], 260).

JohnHuntExplore if (today25 > 0) and (yesterday25 <=0) and (highresult(yesterday3, 19)) and (close < (0.8 * highvalforyear)).

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Mick's Breakout

!!! Mick's Breakout -- This formula chooses stocks that have closed up either the same as the previous
!!! day or below the previous day for 3 days, and then on the 4th day closes up higher than the
!!! previous 3 days close. By Mick Wintom.

Close is [close].
Yclose is val([close], 1).
Close2 is val([close], 2).
Close3 is val([close], 3).
Close4 is val([close], 4).

MicksBreakout if (close > yclose) and (close > close2) and (close > close3) and (close > close4) and (yclose <= close2) and (yclose <= close3) and
(yclose <= close4) and (close2 <= close3) and (close2 <= close4) and (close3 <= close4).

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One Day Money Flow

!!! One Day Money Flow -- Also called One Day Accumulation/Distribution Indicator

Volume is [volume] / 100.

OneDayMoneyFlow is ((([close] - [low]) - ([high] - [close])) / ([high] - [low])) * volume.

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Cross Above 200 MA on Twice Average Volume

!!! Cross Above 200 MA on Twice Average Volume

Averageclose is simpleavg([close], 200).
Avgclose5daysago is valresult(averageclose, 5).
Averagevolume is simpleavg([volume], 200).
Close is [close].
Close5daysago is val([close], 5).
Volume is [volume].

Crossup200MA if (close > averageclose) and (close5daysago < avgclose5daysago) and (close > 5) and (volume > (averagevolume *2)).

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Price Action Indicator

!!! Price Action Indicator - This formula returns a single value that weighs intra-day momentum,
!!! Late Selling Pressure, and Late Buying Pressure.

Pain is (([close] - [open]) + ([close] - [high]) + ([close] - [low])) / 2.

 

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Cross Below 200 MA on Twice Average Volume

!!! Cross Below 200 MA on Twice Average Volume

Averageclose is simpleavg([close], 200).
Avgclose5daysago is valresult(averageclose, 5).
Averagevolume is simpleavg([volume], 200).
Close is [close].
Close5daysago is val([close], 5).
Volume is [volume].

Crossdown200MA if (close < averageclose) and (close5daysago > avgclose5daysago) and (close > 5) and (volume > (averagevolume *2)).

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Down 20% on double average volume

!! Down 20% on double average volume.

ROC5 is (([close] - val([close], 5)) / (val([close], 5))) * 100.
AvgVol5 is simpleavg([volume], 5).
AvgVol60 is simpleavg([volume], 60,5).

Down20 if (roc5 <= 20) and (avgvol5 >= (avgvol60 *2)).

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Price gap down

! Price gap down if todays high is less than yesterdays low

GapDown if [High] < Val([low],1).

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Price gap up

! Price gap up if todays low is greater than yesterdays high

GapUp if [low] > Val([high],1).

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Price new high not confirmed by high in VP Trend

! Price new high not confirmed by high in VP Trend
VPTnonHI if HiVal([close],45)=[close] and HiVal([VP Trend],45)>[VP Trend].

!!!Example stock KEY in 08/06/2001n chart

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Price new low not confirmed by low in VP Trend

! Price new low not confirmed by low in VP Trend
VPTnonLO if LoVal([close],45)=[close] and LoVal([VP Trend],45)<[VP Trend].

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Price reaches a new 21 day high

! Price reaches a new 21 day high
PRICE21hi if HiVal([close],21)=[close].

!!!Example stock BAT on 08/06/2001

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Price reaches a new 21 day low

! Price reaches a new 21 day low
PRICE21lo if LoVal([close],21)=[close].

!!!Example stock ADBE on 08/06/2001

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Up 20% on double average volume

!! Up 20% on double average volume.
ROC5 is (([close] - val([close], 5)) / (val([close], 5))) * 100.
AvgVol5 is simpleavg([volume], 5).
AvgVol60 is simpleavg([volume], 60,5).
Up20 if (roc5 >=20) and (avgvol5 >= (avgvol60 *2)).

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Spike if volume is 100% above the ESA of volume

! Spike if volume is 100% above the ESA of volume
VolumeSpike if [volume] >= [volume esa] * 2.

!!!Example stock BCC on 06/28/2001

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Tom DeMark's Range Expansion Index

!!! Tom DeMark's Range Expansion Index - The Range Expansion Index (REI) identifies areas of price exhaustion
!!! generally associated with price peaks and troughs. This indicator is selective in the sense that it compares
!!! current price activity with recent price movement, but it ignores breakaway price moves until its steepness
!!! begins to dissipate.
!!! For better results, if the number of bars outside the band is 5 or fewer, a potential top or bottom has been formed.
!!! Generally. this is confirmed once a down/up close versus the previous day's bar is recorded.

H is [high].
H2 is val([high], 2).
H5 is val([high], 5).
H6 is val([high], 6).
L is [low].
L2 is val([low], 2).
L5 is val([low], 5).
L6 is val([low], 6).
C is [close].
C7 is val([close], 7).
C8 is val([close], 8).
TD1 is h - h2.
TD2 is l - l2.
TD3 is iff((h >= l5 or h >= l6) and (l <= h5 or l <= h6), 1, 0).
TD4 is iff((h2 >= c7 or h2 >= c8) and (l2 <=c7 or l2 <=c8), 1, 0).
TD6 is td1 + td2. TD5 is iff((td3 + td4) >=1, td6, 0).
TD7 is abs(td1) + abs(td2).

TDREI is ((td5 + valresult(td5, 1) + valresult(td5, 2) + valresult(td5, 3) + valresult(td5, 4)) / (td7 + valresult(td7, 1) + valresult(td7, 2) +valresult(td7, 3) + valresult(td7, 4))) * 100.

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Volume combined with Volatility

!!! Volume combined with Volatility
!!!!!!!!!Volume Filters!!!!!!!!!!!!!!!
VolumeNot0 if [Volume] > 0.
VolumeNot1000x if [Volume] < [Volume ESA] * 1000.
EnoughVol if [Volume ESA] > 200.
VolumeOk if VolumeNot0 and VolumeNot1000x and EnoughVol.
!!!!!!!!!!!!Price Filters!!!!!!!!!!!!!!!
OKTrade if [close] > 2.
NotTooVolital if [Volatility] < [Volatility MA] * 1.5 and [Volatility] < 80.
PriceOk if OKTrade and NotTooVolital.
TradeOK if PriceOk and VolumeOk.

!!!Example stock AA on 09/04/2001

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Volume spikes and good price movements

! Alert for volume spikes and good price movements
! 25% volume spike
VolumeSpike if [volume] >= [volume esa] * 1.25.
! Closed up if higher than previous days high
ClosedUp if [close] >= Val([high],1).
SpikedUp if VolumeSpike and ClosedUp.

!!!Example stock BCC 9/4/01

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