+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: UK Stocks and ETFs - Watchlist and Discussion (/Thread-UK-Stocks-and-ETFs-Watchlist-and-Discussion)
Pages:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
RE: UK Stocks - Watchlist and Discussion - isatrader - 2014-02-04
(2014-02-04, 01:00 AM)Tryst Wrote: Are you able to share your screener which you use to identify stage 4 breakdowns, please?
Here you go, only a few minor differences to long version, reversing a few greater than symbols to less than. And you want to change the sorting criteria to show lowest values of sorting criteria. Bottom right above the Execute ProScreener button
Code:
indicator1 = Volume
indicator2 = Average[200](Volume)
c1 = (indicator1 > (indicator2*2))
c2= Close[0] < Close[1]
c3= Average[10](Close[0]) < Average[10](Close[1])
Condition1 = (Close[0]-Close[1]) / AverageTrueRange[200](close)
SCREENER[c1 AND c2 AND c3] (Condition1 AS "ATR change")(2014-02-04, 01:00 AM)Tryst Wrote: Thanks. I understand what it is doing in the code/screener, it is the indicator AverageTrueRange i'm trying to get my head around...why a MA couldn't have just been used insteadI'm sure the penny will drop when I am on my way to work, or something, it always does
The purpose of using the 200 day Average True Range to rank the stocks, is that we are looking for stocks making abnormal moves compared to their normal range. So using the percentage gain wouldn't tell you anything other than it's had a big move, and small cap stocks have big moves every day in both directions. So by using the ATR instead, you get the stocks that are making the biggest moves relative their price action over the last 200 days, and not just a list of small and micro cap stocks, as you only get the top 50 results.
RE: UK Stocks - Watchlist and Discussion - isatrader - 2014-02-04
(2014-02-04, 01:00 AM)Tryst Wrote: Are you able to share your screener which you use to identify stage 4 breakdowns, please?
Here you go, only a few minor differences to long version, reversing a few greater than symbols to less than. And you want to change the sorting criteria to show lowest values of sorting criteria. Bottom right above the Execute ProScreener button
Code:
indicator1 = Volume
indicator2 = Average[200](Volume)
c1 = (indicator1 > (indicator2*2))
c2= Close[0] < Close[1]
c3= Average[10](Close[0]) < Average[10](Close[1])
Condition1 = (Close[0]-Close[1]) / AverageTrueRange[200](close)
SCREENER[c1 AND c2 AND c3] (Condition1 AS "ATR change")(2014-02-04, 01:00 AM)Tryst Wrote: Thanks. I understand what it is doing in the code/screener, it is the indicator AverageTrueRange i'm trying to get my head around...why a MA couldn't have just been used instead
The purpose of using the 200 day Average True Range to rank the stocks, is that we are looking for stocks making abnormal moves compared to their normal range. So using the percentage gain wouldn't tell you anything other than it's had a big move, and small cap stocks have big moves every day in both directions. So by using the ATR instead, you get the stocks that are making the biggest moves relative their price action over the last 200 days, and not just a list of small and micro cap stocks, as you only get the top 50 results.
RE: UK Stocks - Watchlist and Discussion - Tryst - 2014-02-04
ah, great stuff. I'll have a play around again tomorrow evening.
Going to hit the sack now...want to be up earlier to see how Asia and Europe react to todays US equity sell off.
Catch you online tomorrow.
RE: UK Stocks - Watchlist and Discussion - Tryst - 2014-02-04
ah, great stuff. I'll have a play around again tomorrow evening.
Going to hit the sack now...want to be up earlier to see how Asia and Europe react to todays US equity sell off.
Catch you online tomorrow.
RE: UK Stocks - Watchlist and Discussion - isatrader - 2014-02-04
A few for the UK watchlist today:
SAF.L, VCT.L, AMED.L
ACTA.L, TPET.L
RE: UK Stocks - Watchlist and Discussion - isatrader - 2014-02-04
A few for the UK watchlist today:
SAF.L, VCT.L, AMED.L
ACTA.L, TPET.L
RE: UK Stocks - Watchlist and Discussion - Tryst - 2014-02-05
isatrader, the stage4 breakdown screener code has worked a treat.
I have noticed that even the custom created indicators are also be accessed via the code.
There is some great potential here for sure.
here's a dreadfully bearish chart of Cine (run from the stage4 breakdown screencode from Isatrader above). It has even put in a double top major reversal pattern
CINE
RE: UK Stocks - Watchlist and Discussion - Tryst - 2014-02-05
isatrader, the stage4 breakdown screener code has worked a treat.
I have noticed that even the custom created indicators are also be accessed via the code.
There is some great potential here for sure.
here's a dreadfully bearish chart of Cine (run from the stage4 breakdown screencode from Isatrader above). It has even put in a double top major reversal pattern
CINE