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<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Thanks for the suggestions on finding smooth stocks.<span
style="mso-spacerun: yes"> After playing around a little with formulas
suggested to me, I came up with the following exploration that seems to work
pretty well. It looks for 3-day trends where the highs and lows increase for an
up trend and vice-versa. I then did a
sum for the last 100 days so that the result would be a percentage of times these
trends occurred over the last 100 days, allowing me to rank 255 stocks relative
to each other. It also adds the up and
down trend occurrences together to get one number to sort on.<span
style="mso-spacerun: yes"> It seems to work very well, but I’m still
open to suggestions for improvement. In
my trading I use Stops mostly on the highs and lows of the previous day, so
finding stocks that don’t stop out often is a plus for me.<span
style="mso-spacerun: yes"> Here is the exploration (crude but appears effective):
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Column A: UPTREND
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Sum(L > Ref(L,-1) AND Ref(L,-1) >(Ref(L,-2)) AND (H >=
Ref(H,-1) AND Ref(H,-1) >=(Ref(H,-2))),100)
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Column B: DOWNTREND
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Sum(L < Ref(L,-1) AND Ref(L,-1) <(Ref(L,-2)) AND (H <=
Ref(H,-1) AND Ref(H,-1) <=(Ref(H,-2))),100)
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Column C: TOTAL (sum of previous two)
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Sum(L > Ref(L,-1) AND Ref(L,-1) >(Ref(L,-2)) AND (H >=
Ref(H,-1) AND Ref(H,-1) >=(Ref(H,-2))),100) + Sum(L < Ref(L,-1) AND
Ref(L,-1) <(Ref(L,-2)) AND (H <= Ref(H,-1) AND Ref(H,-1)
<=(Ref(H,-2))),100)
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>
<font size=2 color=black
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>I sort the stocks for volatility and volume before running this exploration.<span
style="mso-spacerun: yes"> I then sort on Column C.<span
style="mso-spacerun: yes"> This seems to ferret out the “well behaved”
stocks for the last 100 days pretty well.
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face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>
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