BullCharts Forum Homepage
Forum Home Forum Home > BullCharts > BullScan
  New Posts New Posts RSS Feed: bullish flags
  FAQ FAQ  Forum Search   Calendar   Register Register  Login Login

bullish flags
 Post Reply Post Reply
Author
Message / View First Unread Post
  Share Topic Share Topic  Topic Search Topic Search  Topic Options Topic Options
kosmo View Drop Down
Newbie
Newbie
Avatar

Joined: 19 Sep 2004
Location: Australia
Posts: 6 		Post Options Post Options   Quote kosmo Quote  Post ReplyReply Direct Link To This Post Topic: bullish flags
    Posted: 19 Sep 2004 at 8:39pm

Hi everyone,
I'm new to BullCharts, actually ... looking at the demo and very impressed. Very complete package, looking forward to getting to know it real good like ...
Well done developers

Just wondering within the scanning capabilities, can we scan for bullish flag patters?

cheers
Back to Top
Peter View Drop Down
BullCharts Staff
BullCharts Staff
Avatar

Joined: 09 Sep 2004
Location: Australia
Posts: 241 		Post Options Post Options   Quote Peter Quote  Post ReplyReply Direct Link To This Post Posted: 21 Sep 2004 at 10:44am

Hi Kosmo,

BullCharts doesn't currently have a built-in mechanism to recognise geometric patterns suchs as flags and pennants.

However with a bit of creativity one could be designed using the BullScan criteria and maybe some script. For example, you could create a scan that looks for stocks that have risen by a certain percentage, then fallen slightly.

Alternatively, if you search on the Internet for MetaStock formulas you might find one for detecting flag patterns. The same formula can then be used in BullCharts (possibly with a few minor changes).

 

 
Back to Top
kosmo View Drop Down
Newbie
Newbie
Avatar

Joined: 19 Sep 2004
Location: Australia
Posts: 6 		Post Options Post Options   Quote kosmo Quote  Post ReplyReply Direct Link To This Post Posted: 21 Sep 2004 at 10:33pm

thnx Peter,
much appreciated. I'll try what you suggested.

cheers
Back to Top
SimonSavva View Drop Down
Regular
Regular


Joined: 15 Sep 2004
Posts: 84 		Post Options Post Options   Quote SimonSavva Quote  Post ReplyReply Direct Link To This Post Posted: 25 Sep 2004 at 11:41am

Try looking for three lower highs, where the last low is higher than previous low.

I would certainly be interested if you find anything from metastock land that helps in this regard.



Edited by SimonSavva
Back to Top
 Post Reply Post Reply

Forum Jump Forum Permissions View Drop Down

Bulletin Board Software by Web Wiz Forums® version 9.69
Copyright ©2001-2010 Web Wiz