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The sidewinder was written exclusively for Woodies"zero line reject" trade.
the zlr trade is the most popular and is indeed a nice setup. I was
wondering if anyone was familiar with stock scanners and would give an
example of how to write criteria for a scanner?
Here is a description of the zero line reject.....For a long... the cci 14
has just moved from the +100 area down to the zero line..
the cci 6 has crossed over the zero line and has stretched down to near the
-100 area and the cci 14 did not follow. "it's over
extended". Price is above the 25 linear regression, and has pulled back to
it..... it may bounce twice, and often does .The 34 ema has a nice upward
slope to it, it can be measured for exact angle.
the cci 6 has hooked and is breaking a trendline and, or, price is closing
above the 10 linear regression.
You could make a nice living playing this one setup, if you could scan a
basket of stocks every night. It doesn't come along
often enough daytrading . Could some one briefly describe writing scan
criteria? is it like writing code?
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