Startup All Time Low + OBVolume = Weinstein/Wyckoff
October 31, 2019, 10:19 AM
Screeners
13 Comments
Hello
I would like to share my startup screener to detect accumulation and possible breakout inspired by Stan Weinstein and Wyckoff logic.
Why investing in startup?
Because it the most profitable strategy in term of % of gain and in time invested
The idea is to find an all time low and high volume activity (Bollinger Band breakout of OBV).
I personnaly scan startup and find in which business the company is active
Good luck and I am opened to feedback.
//ATL All time low identification
for i = 1 to barindex
If low[i]<ATL or ATL=0 then
ATL=Low
else
ATL=ATL[1]
Endif
Next
//High volume activity
myOBV = OBV(close)
avgOBV=average[20](myOBV)
stdevOBV=2*std[20](myOBV)
BollUp = avgOBV+stdevOBV
//ATL zone and volume activity
c1=close<2*ATL
c2=myOBV>BollUP
screener[ c1 and c2 ]
Download
Filename:
Screner-ATL-OBV-final.itf
Downloads:
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Veteran
Martigny (before Vevey)
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