Help: Intraday Trading Range Scanning

Discussion in 'Trading' started by Hitman, Jul 16, 2001.

  1. Wet

    Wet

    Hitman,

    I meant compared to me that's what you are.

    Also, I'm afraid you're doomed to the blue collar.

    Magna,

    No mentioning Hitman's lack of integrity. Leave that on the MSN boards.

    Wet
     
    #11     Jul 16, 2001
  2. Wet

    Wet

    Hitman,

    I meant compared to me that's what you are.

    Also, I'm afraid you're doomed to the blue collar. It's the blue collar man that worries about 10 bucks. Don't worry about the label, you'll get used to it.

    Magna,

    No mentioning Hitman's lack of integrity. Leave that on the MSN boards.

    Wet
     
    #12     Jul 16, 2001
  3. dozu888

    dozu888

    Please don't scare Hitman away from this board. His trading journal is one of the best threads and is my daily read.

    Stop all this right now.
     
    #13     Jul 16, 2001
  4. Hitman

    Hitman

    Wet:

    Why buy the cow when the milk is free?
     
    #14     Jul 16, 2001
  5. Hoyler

    Hoyler

    Hi Hitman,

    I can offer a couple of suggestions if your intent upon getting the Metastock program, which in my mind will give you the ability to seek the special occurrences your looking for, and more if you have a future need. I have used Omega's products for years and think that the EOD products (Supercharts/Metastock) are fairly similar in capabilities. The interfaces differ.

    Pullbacks and breakouts have been my area of interest.

    *ATR- average true range indicator
    *BBW- bollinger band width indicator
    *HVR- historic volatility ratio indicator
    *SDI- standard deviation indicator

    Using 1 or more of the above, you can hone in on those securities that are "poised" to move. I realize this is not exactly what you were asking for and I have no idea if you can sort in Metastock based on Exchange/Industry. http://www.QP2.com is a nice program for other reasons.
    BTW - I enjoy reading about how your day went.
    The above represent my opinions and experience.
    I hope this helps.
    -Hoyler
     
    #15     Jul 16, 2001
  6. Hmm, but the briefing milk costs $10. It's not free, is it? Now, why buy the cow if you can steal the milk is a whole different issue. Paying for things is blue colar, but stealing them is white colar. I don't get it.

    Much more to learn ... much more :)
     
    #16     Jul 16, 2001
  7. No one is going to scare him away! Hitman is a survivor! I enjoy that thread as well, and I'm sure it will be packaged as a book and will be published by a major publication house. That thread is pure gold ;)

    Keep it up hitman.
     
    #17     Jul 16, 2001
  8. Magna

    Magna Administrator

    Hitman,

    I know it's been a while since you used TC2000 but it will easily do the job. The formula is:

    AVGH20 - AVGL20 > 1.5

    Then, along with any other parameters you want (like only listed stocks, average vol > 200K, etc.) you can create an EasyScan and restrict it to a particular sector. Of course you would have to do this sector by sector (as there's no way to get it to provide an overall list, sorted by sector) but it would do the job. Don't know if it's better than QP2 as I've never used that program.

    I subscribe but I can't even remember what the price is since I do it once a year, but I know it falls somewhere in between $27 - $30 per month.
     
    #18     Jul 16, 2001
  9. Wet

    Wet

    The Princess' words, exactly.
     
    #19     Jul 17, 2001
  10. MGB

    MGB

    re: Hitman
    I trade a large variety of stocks and every once in a while I need to rebuild my watch list. My criteria is NYSE, at least 200K average daily volume, and at least 1.5 point average daily range, sorted by industry name.
    --------------------------

    Here's a list of stocks in alpha order where:
    1) Exchange = NYSE
    2) 20 Day Avg Volume => 200,000
    3) 20 Day Avg High - 20 Day Avg Low => 1.5

    AIG
    AMD
    AOL
    AWE
    BAC
    C
    CD
    CPN
    CPQ
    CVS
    DIS
    EMC
    F
    GE
    GLW
    GX
    HAL
    HD
    HON
    HWP
    IBM
    JNJ
    JPM
    LOW
    LU
    MER
    MO
    MOT
    MRK
    MU
    NOK
    NT
    PCS
    PFE
    PHA
    Q
    QQQ
    RIG
    SBC
    SGP
    SLR
    SPY
    T
    TXN
    TYC
    VOD
    WAG
    WM
    WMT
    XOM

    The next generating of such list is gonna cost ya :)

    This list was generated using CyberQuant.

    MGB
     
    #20     Jul 18, 2001