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Heidi,
I don't know if you've gotten any replies off line on this one, but
here's one way to do it:
To screen for your conditions, you have to create a new exploration.
In one of the columns of the explorer, you would place the following in
the dialogue box
XDN:=SAR(0.02,0.2)>C;
Cross(Sum(XDN,4)=4, 0.5)
I've used a "sum()" function to make sure that I don't capture situations
where the Parabolic SAR flipped five days ago, but within the following
four days flipped back. The 4 in the second line suggests that the
closing price has been below the Parabolic SAR for 4 days; you can change
these two 4's to any number you prefer.
For a stock that's just changed to a close above the Parabolic SAR use
CROSS(CLOSE, SAR(0.02, 0.20))
in another column when you build your exploration. I haven't had
a chance to test these out yet, but that's the gist of what you would use.
Dave Nadeau
Heidi Stubner wrote:
Please assist me in building a formula:
How could I screen stocks that were above the Parabolic SAR 5 days ago,
and
now have fallen below?
Also, stocks which just became a buy by trading above the SAR today
(previous day it traded below).
Thanks so much.
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