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Hi Marlowe,
Ok, from his details in the Las Vegas Book, you could take the prices,
say listed like this:
52 Week high 52 week low Closing Price
82 20 80
He picked stocks that were near their all-time highs (so historical
prices would have to be checked after culling stocks based on their
daily prices).
He picked those where the closing price was close to the 52 week high -
let's say within 5% for our example, so the lowest the closing price
here could be would be say 78 or so: 82 - (5% x 82). This is a rough
guess, because he drew "boxes" around his stocks, so those boxes could
have been at different levels. But this could be easily changed to cull
more or fewer stocks to keep an eye on them.
He also picked those where the 52 week high was AT LEAST TWICE the 52
week low. This culled the ones that were increasing at the fastest
rate.
52 Week High >= 2 x 52 Week Low.
Unfortunately, I do not have TS, but others who do may like to try this
if you came up with the code.
Best regards,
Ruth
Cassetti, Marlowe D wrote:
>
> Ruth,
>
> You beat me to the punch by asking your question first. I too have been
> curious if someone has programmed up Nick's methods.
>
> If needed, I could program up ND's methods into TradeStation code. I
> believe I am a fair to good EasyLanguage programmer. So if we can come
> up with the mathematical procedures used to describe ND's method, we are
> not too far from having a system to test.
>
> Marlowe Cassetti
> Colorado Springs, CO
>
> P.S. I'm not replying to RealTraders since I can't send them mail from
> this address.
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