A simple but effective bullish swing setup that someone asked me recently.
The bullish trend is established and price is consolidating and still near than the latest 20 days high and below the 10 days moving average, maybe a good time for a possible new buy? Hope it helps swing traders around here.
//PRC_Bullish Swing Setup | screener
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
c1 = close>average
c2 = average(volume)>20000
c3 = close<average
c4 = close/highest(high)>0.85
c5 = summation(average>average)=20
swing = c1 and c2 and c3 and c4 and c5
No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.ProRealTime ITF files and other attachments :