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I use
EOD data, and I use Explorer to locate stocks that are trending up. I currently
have to then eliminate stocks that are too prone to sudden large falls by
eye-balling the charts. It seems to me that I should be able to automate this.
Specifically,
I would like to filter out any share that recorded a daily low that was more
than 10% lower than the highest high in the preceding 10 days, and this event
occurred at any time during the most recent 100 days.
I
would value either a filter formula, or ideas on how to create one. Thanks in
advance.
Barry
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