Software that shows distance to next resistance??

Discussion in 'Trading Software' started by Math_Wiz, Jun 16, 2006.

  1. Do you mean something like this.
     
    #11     Jun 19, 2006
  2. Math_Wiz

    Math_Wiz

    Yes, I have trade-ideas also, which kind of led me to the idea. I'm not interested in support/resistance being told to me from an alert format however. Instead, I want to have daily support/resistance given to me in a quotesheet format, perhaps like this.


    Last Next Daily Next Daily
    Resistanc Distance Support Distanc

    CAT 80.00 81.05 1.05 79.90 0.10
    UPS 81.95 82.50 0.55 81.40 0.55
    FDX 74.00 74.99 0.99 73.00 1.00



    Well, you get the idea. Then, I can sort the list by the distance to next resistance, for example, and then glance down that list for stocks that are already up on the day (perhaps more than they "should" be), and by this time I will be suspecting that certain stocks in this list may be targeting the next resistance, and I can click on certain symbols in order to then check out the charts to see if I want to play them.

    Well, it's just my idea anyways. Not sure if there is software out there that supports this.

    +-*/ Math_Wiz
     
    #12     Jun 19, 2006
  3. Math_Wiz

    Math_Wiz

    oops, that quotesheet example didn't post properly.

    Here is a screenshot instead.

    +-*/ Math_Wiz
     
    #13     Jun 19, 2006