the stock must be experiencing a minor decline/pullback
within the context of a uptrend
or
the stock must be experiencing a minor rally as part of a downtrend
|
Title:
|
TRIANGLE
LONG
(Track3)
|
We use this scan to search for stock that has been in an uptrend
but consolidating for several days.
With this scan we try to detect stocks for potential long swing
trades.
|
|
|
Code:
|
MAV20
>=500000 AND
|
we stay
away from stocks that trade less than 500,000 shares of the 20-day Volume
Average to ensure liquidity (sometimes we use 250,000 instead, depending on
market conditions)
|
|
|
|
CLOSE>12
AND
|
to be
sure we do not trade cheap stocks (sometimes we use 7$ instead, depending on
market conditions)
|
|
|
|
CLOSE > SMAC20
|
to be
sure the stock is still in an uptrend
|
|
|
|
HIGH2 > HIGH1 AND
HIGH2 > HIGH AND
LOW2 < LOW1 AND
LOW2 < LOW
|
look 3
days back: its high should be higher than the next 2 days, and its low should
be lower than the next 2 days
|
|
|
|
HIGH1 > HIGH AND
LOW1 < LOW
|
look 2
days back: its high should be higher than the last trading day, and its low
should be lower than the last trading day
|
|
|
Type(s):
|
swings
|
long
|
|
Example:
|
CB 02/22/2002
|
Start Your SwingTracker 4 Weeks FREE Trial NOW!!!
SwingTracker© Only trade what you like !
|
Title:
|
TRIANGLE
SHORT
(Track3)
|
We use this scan to search for stock that has been in an
downtrend but consolidating for several days.
With this scan we try to detect stocks for potential short swing
trades.
|
|
|
Code:
|
MAV20
>=500000 AND
|
we stay away
from stocks that trade less than 500,000 shares of the 20-day Volume Average
to ensure liquidity (sometimes we use 250,000 instead, depending on market
conditions)
|
|
|
|
CLOSE>12
AND
|
to be
sure we do not trade cheap stocks (sometimes we use 7$ instead, depending on
market conditions)
|
|
|
|
CLOSE < SMAC20
|
to be
sure the stock is still in an downtrend
|
|
|
|
HIGH2 > HIGH1 AND
HIGH2 > HIGH AND
LOW2 < LOW1 AND
LOW2 < LOW
|
look 3 days
back: its high should be higher than the next 2 days, and its low should be
lower than the next 2 days
|
|
|
|
HIGH1 > HIGH AND
LOW1 < LOW
|
look 2
days back: its high should be higher than the last trading day, and its low
should be lower than the last trading day
|
|
|
Type(s):
|
swings
|
short
|
|
Start Your SwingTracker 4 Weeks FREE Trial NOW!!!
SwingTracker© Only trade what you like !
SwingLab: Triangle
SwingLabs
[ SWINGS : FORCE
+ Revival + Triangle+ Cross
+ 1-2-3-4
+ Window ]
[ BREAKOUT : Bowl Pattern ]
[ REVERSAL : ClimaxO + Reverse
]
More Scans :
- Usual Suspects Scan
- Nine and ½ Weeks Scan
- Swing Tracker Stock Scans
- Worst Stocks Scan
- Williams %R Scan
- Oversold Scan
- Reversal Scan
- Stochastic Scan
- Speculative Breakouts
- IQC Scan
- Stocks that have not yet broken
- Highly liquid stocks
- MACD, IQC and Decline
- Runaway Gap Scan
- Daytrader's Scan
- Volatility Scan
- Turnaround Stocks
- Consolidation Scan
- Support Scan
- Falling with Low P/E
- Fundamental and Technical
- Breakout Stocks
- Momentum Scan
- MACD and Money Flow
- Oversold Stocks
P.S. - Swing Trading is the art of capturing profits in trending stocks in a relatively short amount of time.
Shogun Swing Trading offers Swing & Day Trading Strategies for the full or part-time trader. » Go here to learn more...
|
[ 
Dan Zanger Offers 3 week FREE trial!
