Leave The Stock Chart Behind - Top Secret Trading Algorithm Revealed
I don't just use stock charts for my analysis. I'm going to spill those proverbial beans and show you how I find the incredible stocks for a very popular stock blog.
This is not about using technical analysis to read a stock chart. It is something much more effective.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
I have used this to make a lot of money and now I'm going to tell you exactly what the algorithm is.
So you are probably wondering why I'm giving this away free. Well, I'm hoping you will make a lot of money from this formula and become a subscriber to my blog. That's fair.
One component of this formula is to establish the direction of the trend. You need the 10 day MA, the 20 day MA, and the 50 day MA. The formula for this section is: IF 10 day MA greater than 20 day MA greater than 50 day MA THEN NEXT STEP. This is just a computer way of saying that the 10 day MA needs to be above the 20 day MA which needs to be above the 50 day MA. If it is, move on to the next step, if not, throw away that stock and start over.
The next component in this formula is to determine if on the previous day, in the last hour of trading, the stock closed above the 5 hour MA. If it has, move on to the next component in this killer formula. If not, reject the stock and start all over again until you find a stock that does.
In this step we must look at the stock's 3 day high. If it is at a 3 day high, you can keep reading the next step below. If not, you need to ditch the stock and start over again with another stock.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
The next component in this formula is if the stock has hit a 3 week high in the last week (the previous full week of trading). If not, reject the stock and start over.
The final component in this formula is if the stock has hit a 3 month high in the last month (the previous full month of trading). - 23305
This is not about using technical analysis to read a stock chart. It is something much more effective.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
I have used this to make a lot of money and now I'm going to tell you exactly what the algorithm is.
So you are probably wondering why I'm giving this away free. Well, I'm hoping you will make a lot of money from this formula and become a subscriber to my blog. That's fair.
One component of this formula is to establish the direction of the trend. You need the 10 day MA, the 20 day MA, and the 50 day MA. The formula for this section is: IF 10 day MA greater than 20 day MA greater than 50 day MA THEN NEXT STEP. This is just a computer way of saying that the 10 day MA needs to be above the 20 day MA which needs to be above the 50 day MA. If it is, move on to the next step, if not, throw away that stock and start over.
The next component in this formula is to determine if on the previous day, in the last hour of trading, the stock closed above the 5 hour MA. If it has, move on to the next component in this killer formula. If not, reject the stock and start all over again until you find a stock that does.
In this step we must look at the stock's 3 day high. If it is at a 3 day high, you can keep reading the next step below. If not, you need to ditch the stock and start over again with another stock.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
The next component in this formula is if the stock has hit a 3 week high in the last week (the previous full week of trading). If not, reject the stock and start over.
The final component in this formula is if the stock has hit a 3 month high in the last month (the previous full month of trading). - 23305
About the Author:
Before you waste the time doing this by hand, there is an automatic stock chart screener that will scan over 25,000 stocks in 5 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by Mr. Forex at
4:24 AM
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