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Steve,
First you must select a database of strongly trending stocks. I use RS to determine them. I also watch 39-day, 18-day, and 3-day moving averages. I watch for the 39-day MA to be up, the 18-day to be up or just switch to down and the 3-day to be down. Also, I watch for a 2 to 4 day pullback in the trend. Place my buy stop and wait.
Steve
>>> "Steve Carton" <scarton1@xxxxxxxx> 04/07 2:17 PM >>>
I scan for this condition (using TC 2000) and place a buy stop for a break
out in the direction of the trend.
How does one set up the scan in TC2000?
Thanks,
Steve
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