Post by wealthwise on Apr 28, 2016 9:12:13 GMT
Has anyone created an AFL which serves universal purpose (mother code) to filter stocks based on trend of past N days?
Example:
1) Filter for stocks which are in consolidation phase for past 2 months.
2) Filter for stocks which feel sharply (> 50%) and then are into consolidation for past N days.
3) Filter for stocks which are in uptrend for past 1 month.
There can be any combinations. So, it's like One AFL that serve this purpose. And we can define the sequence of Pattern to be detected.
One can use RWI() Random walk index to achieve this instead of linear regression slope for better accuracy.
Any code there?
Example:
1) Filter for stocks which are in consolidation phase for past 2 months.
2) Filter for stocks which feel sharply (> 50%) and then are into consolidation for past N days.
3) Filter for stocks which are in uptrend for past 1 month.
There can be any combinations. So, it's like One AFL that serve this purpose. And we can define the sequence of Pattern to be detected.
One can use RWI() Random walk index to achieve this instead of linear regression slope for better accuracy.
Any code there?