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Hi Joe,
If "Congestion" were changed to "Consolidation," how would that
change the format of the formula? Could one formula filter the
stocks to find both conditions and label them like "Congestion"
in "Column A" and "Consolidation" in "Column B?"
I noticed in PS Plus, there is an Exploration for "Congestion
Breakout." Is what I am asking for more than that specific formula?
Thank you.
Debra
--- In Metastockusers@xxxx, Arsk0jn@xxxx wrote:
> Hi Debra,
> Yes, you can do all those things...but you have to define what you
are asking
> for in precise terms. For example:
> 1. a breakout from congestion
> Close 1 point higher than the highest high of the past 30
trading days.
> 2. heavy volume
> Today's volume >120% of the highest volume for the past 30
trading days.
> 3. price gaps in the direction of the breakout:
> Today's low> 1 point above yesterday's high = +1
> Today's high < 1 point below yesterday's low = -1
>
> Good luck,
> Joe Nemecek
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