logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Options
Go to last post Go to first unread
gnohnum  
#1 Posted : Thursday, February 3, 2005 6:16:54 AM(UTC)
gnohnum

Rank: Newbie

Groups: Registered, Registered Users
Joined: 11/22/2004(UTC)
Posts: 8
Location: Malaysia

I'm using moving averages to screen potential stocks. Actually my condition is to pick those stocks which just cross the 20D MA. but the formula I used (if C > mov(C,20,S)) is getting out stocks that its MA already above 20D MA. What I really want is the MA just started to cross over so that it wont be stocks that has been overbought. I'm not sure (if cross(C,mov(c,20,S))) is setting what I want? Is MA a good tool to screen out potential stocks? any good advises on stocks screening?
Patrick  
#2 Posted : Thursday, February 3, 2005 4:06:59 PM(UTC)
Patrick

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 9/8/2004(UTC)
Posts: 2,266

Was thanked: 1 time(s) in 1 post(s)
I can help you with the formula : Cross(C,Mov(C,200,S)) Unfortunately I do not have an opinion has to wether or not it is a good way to screen stocks. My advice would be for you to set a goal for you trading. For example you want to make $[censored]X a Day/Week/month/Year and then consider which stocks can you afford that have the potential of making you that money in that time period ... Then create or find a system based on these stocks and keep working with the same stocks. Again I'm not a professional trader so what I say should never be taken as gospel ... :oops:
Users browsing this topic
Similar Topics
Efficient Stock Screening (Formula Assistance)
by theghost 4/5/2006 5:14:50 PM(UTC)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.