Back to EDS Strategies

 

 

Close bottom quarter yesterdays range

! Ticker must close within the bottom quarter of yesterdays Trading range

Onequarterofrange is (Val([high],1)-Val([low],1))/4.
Lowrange is Val([low],1)+Onequarterofrange.

Bottom25 if [close]<Lowrange.

!!!Example stock MSFT on 05/08/2003

Return to Top of Page

Cup and handle

!Cup and handle code
MinPrice is [close]>15. 
MaxPrice is [close]<200.
MinVolume is [volume esa]>750.
CloseAboveMovAvg is [close]>[LT MA].
CloseBelowMovAvg is [close]<[LT MA].
MovAvgSlopeUp is slope([LT MA],21)>0.
Filter if MinPrice and MaxPrice and MinVolume and CloseAboveMovAvg.

!Look back 40 to 80 days for the downleg to begin, off a 240 day high,
! and drop up to 20%, 20 to 39 days ago. Today's close can be no higher
! than 100% of the top of the downleg and no lower than 85%. Look for
! a cup & handle pattern in the formation stage on the charts.

CupHandle if Filter and (hival([close],19,20)<=hival([close],40,40)*0.80)
and [close]<=hival([close],40,40) and ([close]>=hival([close],40,40)*0.85)
and hival([close],40,40)=hival([close],240).

!!!Example stock LOW on 09/09/2002 

Return to Top of Page

Double bottom strategy

! Double bottom strategy

! A basic double bottom strategy. Looks for todays low price and
! compares this to the lowest low price between 8 and 70 days
! ago. If the two lows are very close to each other in price
! (between 99.5 and 99.9%) the stock had a double bottom.

! Vary the periods back to check the low, or vary the percentage
! between the two lows to suit your needs. You may use close 
! instead of low


Currentlow is [low].
Previouslow is Loval([low],70,8).
Low if Currentlow/ Previouslow > 0.995 and Currentlow /Previouslow < 0.999.

!!!Example stock BAX on 04/09/2003

Return to Top of Page

Double bottom strategy 2

! To offset the double bottom 10 days and say todays close is > 1.10% of
! the second bottom. .

Currentlow is Val([low], 10).
Previouslow is Loval([low], 80,18).
TodaysClose is [close] > CurrentLow * 1.10.

Low if Currentlow/ Previouslow > 0.995 and Currentlow /Previouslow < 0.999 and TodaysClose.

!!!Example stock MIL on 05/01/2003 


!The original DBOT is as follows:

Currentlowest is [Low].
Previouslowest is LoVal([low],70,8).
Lowest if Currentlowest/Previouslowest > 0.995 and Currentlowest/Previouslowest < 0.999.

!!!Example stock RJR on 05/07/2003

Return to Top of Page

Double top strategy

! Double top strategy

! A basic double top strategy. Looks for todays high price and
! compares this to the highest high price between 8 and 70 days
! ago. If the the two highs are very close to each other in price
! (between 99.5 and 99.9%) the stock had a double top.

! Vary the periods back to check the high, or vary the percentage
! between the two highs to suit your needs. You may use close 
! instead of high


Currenthigh is [high].
Previoushigh is Hival([high],70,8).
Doubletop if Currenthigh/ Previoushigh > 0.995 and Currenthigh /Previoushigh < 0.999.

!!!Example stock BAC on 05/08/2003

Return to Top of Page

Expansion breakout strategy

! Expansion Breakout

! Today's range is greater than the Range in the past 8 days
! and greater than the highest high in the last 40 days. 

HiHigh if [High] = HiVal([High], 40).
Range is [High] - [Low].
HiRange is HighResult(Range, 9,1).
ExpansionBreak if Range >= HiRange and HiHigh.

!!!Example stock CTX on 05/08/2003

Return to Top of Page

Inside day

! Today's high is less than yesterday's high and today's
! low is greater than yesterdays low.

InsideDay if [High] < Val([High],1) and [Low] > Val([Low],1).

!!!Example stock AAPL on 05/08/2003

Return to Top of Page

Shark Pattern

Symmetry is 0.28.
Apex is ([high] + [low]) / 2.
WB is valresult([high], 2) - val([low], 2).
High is [high].
Low is [low].
YLow is val([low], 1).
Day2Low is val([low], 2).
YHigh is val([high], 1).
Day2High is val([high], 2).
Shark if (apex <= (Day2High - (WB * Symmetry))) and (apex >= (Day2Low + (WB * Symmetry))).
SharkUDF is shark.

SharkPattern if iff((high < YHigh) and (low > YLow) and (YHigh < Day2High) and (YLow > Day2Low) = 1, sharkudf, 0). !! Example stock is


ABX on 05/08/03.

Return to Top of Page

Trading Range

!!Short Term Horizontal Trading Ranges.

TradingRange if (hival([close], 21)) < (1.1 * simpleavg([close], 21)) and (loval([close], 21)) > (0.9 * simpleavg([close], 21)).


!! Example stock is AA on 05/08/03

Return to Top of Page