A question to TA experts: I need to scan for low-priced (< $10) stock tickers that have a zig zag (or "mean-reverting") price curve on their chart of the say last 30 days. The more frequent such zig zag swings happen the better. A trend is not necessary; ie. can also be net neutral or sideways, but with the said zig zag swings. Can TA help? Or how else to find such stock tickers?
Import stockprice last x days from list of stocks. Then define your rules, eg minimum 8 times lower then 1 sd average up and down from average over your time period. Then filter all with price points higher then 3 did out. Loop for your import list. Etc something like that? Don’t know the devil details, never done it
You'll probably be mostly on your own in that search however Finviz's screener (even the free version) might help you sniff out a few tickers in your search. Play around with it. Sounds like a stock like HOLO would fit your description.
Thanks to all responded. I now have ordered 2 months of 1-minute data of all US stocks and will attempt to write some code (algorithm) to find such tickers for trading. With such tickers I want to try out some basic daytrading and "ultra-short-time swing trading", ie. like 1DTE and 0DTE, but stocks only, no options. All just experimental, nothing big.