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Re: [RT] determine a trend



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thanks
Ben
----- Original Message -----
From: <MikeSuesserott@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>; "Omega-List (E-mail)"
<Omega-List@xxxxxxxxxx>
Sent: Saturday, March 30, 2002 3:11 PM
Subject: [RT] determine a trend


> Ben,
>
> for finding breakouts, you might also have a look at a software called
RAMP
> (www.nebadawn.com).
>
> Best regards,
>
> Michael Suesserott
>
>
> -----Ursprüngliche Nachricht-----
> Von: profitok [mailto:profitok@xxxxxxxxxxxxx]
> Gesendet: Saturday, March 30, 2002 20:44
> An: Omega-List (E-mail)
> Cc: realtraders@xxxxxxxxxxxxxxx
> Betreff: [RT] determine a trend
>
>
> 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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