SAFeTRADE
656 posts
msg #158469
- Ignore SAFeTRADE |
1/28/2022 7:42:14 AM
/*TRADER JOES BREAKOUT TRADING MACHINE*/
draw EntryLOW on plot price
draw EntryMID on plot price
draw Triggerline on plot price
/*--OFF THE RADAR-- BASE SET UP(1)*/
set{vola, count(volume > avgvol(100),50)}
and vola 10 days ago has been below 10 for the last 44 days
/* BUY BAND SIGNALS ENGINE (2) */
set{lowline, atr(22) * 4.5}
set{midline, atr(22) * 1.33}
set{setline1, upper bollinger band(63)}
set{setline2, upper bollinger band(11)}
set{topline, atr(5) * 2.8}
set{Triggerline, setline2 minus topline}
set{EntryLOW, setline1 minus lowline}
set{EntryMID, setline1 minus midline}
/*TRIGGER LINE(3)*/
set{ext, Triggerline - EntryMID }
and ext has crossed above 0 within the last 40 days
and pp > entrylow
/* GLOBAL*/
show stocks where price is between .4 and 4
and avgvol(90) is > 50000
/* VISUAL AIDS */
draw ext 60 day low
draw atr(22)
draw atr(5) on plot atr(22)
/*DO NOT DRAW*/
do not draw pp
and date offset is 22
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