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Re: Breakout Exploration



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Hello Dan
I put your formula in an exploration using all TSE stocks (updated to April
19th) and got one buy signal, DNA.
I see that DNA also got a buy signal the day before on the Consolidation
Breakout exploration.
Have you done system testing with your formula? What do you use for the long
exit?
David
----- Original Message -----
From: "Dan Harels" <harelsdb@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: April 24, 2002 1:00 AM
Subject: Breakout Exploration


> Breakout Code for the "filter" column of an exploration is shown below.
It
> finds stocks breaking out of a minimum base of 4 weeks and a maximum of 12
> weeks on 150 percent of the 50 day average volume.  The code is inflexible
> but it works.
>
> CLOSE>Ref(HHV(CLOSE,20),-1)
> AND
> Ref(HighestBars(CLOSE)>20,-1)
> AND
> Ref(HighestBars(CLOSE)<60,-1)
> AND
> VOLUME>1.5*Mov(VOLUME,50,S
>
> Dan
>
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