| snappyfrog 749 posts
 msg #160816
 - Ignore snappyfrog
 modified
 | 1/30/2024 10:32:06 PM 
 I use the following for finding a 5 day low.  Scan finds the 5 day low 2 days ago and 1 day ago the low is higher than the 5 day low.
 
 Now I want to do the same thing on a weekly chart, but nothing is working correctly.  I want the 5 week low 2 weeks ago and then last week to have a higher low.
 
 Here is the daily scan setup:
 
 
 
 
 The weekly chart doesn't give me the same setup:
 
 
 
 
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| snappyfrog 749 posts
 msg #160818
 - Ignore snappyfrog
 | 1/31/2024 7:35:08 AM 
 I left out a couple "weekly" in the scan, so that may have been the problem.
 
 Some charts still don't look just right, so I will keep checking.
 
 
 
 
 
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| xarlor 619 posts
 msg #160820
 - Ignore xarlor
 | 1/31/2024 10:06:24 AM 
 You found 2 of 3 weekly.  Put in the third one and it works as you expect.
 
 Trying to make weekly scans work right is like hunting shadows in the dark.
 
 
 
 
 
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| snappyfrog 749 posts
 msg #160822
 - Ignore snappyfrog
 | 1/31/2024 4:45:47 PM 
 @xarlor
 
 That is so much better!!  Thank you.
 
 
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| snappyfrog 749 posts
 msg #160824
 - Ignore snappyfrog
 | 1/31/2024 10:18:35 PM 
 Many of the charts look right, but still getting some like this one where it is showing the chart several weeks late.  Back to the drawing board.
 
 
  
 
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| nibor100 1,099 posts
 msg #160826
 - Ignore nibor100
 | 2/1/2024 2:55:41 AM 
 I’m not quite following, what part of that chart is late?
 Thanks
 Ed S
 
 
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| snappyfrog 749 posts
 msg #160827
 - Ignore snappyfrog
 modified
 | 2/1/2024 6:21:04 AM 
 These lines:
 
 set{var1, count (weekly low above weekly low 5 week low,1)}
 draw var1 > .99
 and var1 1 week ago < .99
 
 should pull up a chart when it has the first red / blue rectangle under the chart.
 I included the vertical blue line when this stock should have been picked.
 
 In the example above, it was 3 - 4 weeks prior that the rectangle shows up.
 
 
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| snappyfrog 749 posts
 msg #160828
 - Ignore snappyfrog
 | 2/1/2024 6:57:59 AM 
 Maybe I am not explaining it well enough.  In my first post above, the 5 day low scan pulls up stocks when the low is greater than the 5 day low and the previous day was the 5 day low.  I now can look at pre-market to only get into the trades that will open above the close on the charts shown in the scan.
 
 I am trying to do that on weekly charts now to find longer swing trades.
 
 So in the example chart below.  I want to run this on the weekends.  I need last week to be a higher low than the previous week.  That previous week needs to be making a new low.  In pre-market on Monday I can only look for those where open Monday will be above the close of Friday.
 
 So I need the chart to show on the scan when the weekly low is higher after a weekly downtrend.
 
 Maybe this would just be easier trying to do it with daily charts?
 
 
  
 
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| xarlor 619 posts
 msg #160829
 - Ignore xarlor
 modified
 | 2/1/2024 8:40:18 AM 
 In that case, I would have written it like this:
 
 
 
 
 
 
 
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| snappyfrog 749 posts
 msg #160837
 - Ignore snappyfrog
 | 2/1/2024 5:10:26 PM 
 That's looking better, but still getting some like this where the low is below low 1 week ago.
 
 This chart is from Monday as it needs to be run on the weekend.
 
 
  
 
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