Stock Hideout


  Stock Hideout
Symbol Search
Newsletter Signup

» Log in
User Name:

Password:

Not a member yet?
Register Now!
View Single Post
  #5 (permalink)  
Old 10-13-2008, 09:43 PM
Stock_Analyzer Stock_Analyzer is online now
Chart Specialist
 
Join Date: Aug 2008
Posts: 616
Blog Entries: 1
Default Re: Pincher Scan 10/13/08

Right, as I stated below this is not the PINCHER scan 100%. This is a modified version for people to check out. If you want the 100% correct syntax of the scan then I can post that tomorrow if I remember.

SA

Quote:
Originally Posted by Naamplao View Post
These are not all in "Pincher" moments by my definition.

I have highlighted
Not in pincher mode in red
watch list in blue
In or starting pincher mode in green




There are too many in this scan for me to look at....your scan fails on about 50% of the hits. Your problem is defining the scan. I think you define it for a particular day but the maximum pinch might have happened days earlier. Most of the failures I found were due to non-compliance on the RSI(14)....

The only way I can see this scan working is to say scan each RSI/PPO/ADX combination for each day in a preceding 5 day window....if the criteria is met for one combination on a particular day then it would be flagged as in Pincher Mode. Unless you test in combination/day you will result in false positives IMHO
__________________
All my posts are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here
Reply With Quote
 

All times are GMT -4. The time now is 05:54 PM.

Clicky Web Analytics