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Try this. All plots should be set to plot fat points in "Same as Price".
if CountIF(High > High[1], 5) >= 3 then
Plot1(High, "1"); {made 3 higher highs in the last 5 days}
if CountIF(High > High[1], 6) >= 4 then
Plot2(High, "2"); {made 4 higher highs in the last 6 days}
if CountIF(High > High[1] and Close > Close[1], 5) >= 5 then
Plot3(High, "3"); {made 5 higher highs in the last 5 day and closed up each day}
Bob Fulks
At 2:44 PM -0500 3/30/02, profitok wrote:
>How does one look for suspects of a breakout ?
>
>one simple idea is to scan all your stocks and commodities for the following condition
>
>a: made 3 higher highs in the last 5 days
>
>b:made 4 higher highs in the last 6 days
>
>or
>
>a little overbought but a high probability trade
>made 5 higher highs in the last 5 day and closed up each day
>
>now if someone can code this over the weekend in ela and scan their list
>we can get someone to post the results for Monday trading
>nice holidays to all
>Ben
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