Hi Deron
It is a pleasure to see your prompt and warm response with plenty of details.
The video links are good help.Thanks for being open and proactive.
I have a group of swingtrader friends who keep asking me frequently- tell us what to buy and when etc.Normally they buy and hold for 2 to 10 days then sell the stocks.
I gave them link of your site and these guys sort of stopped asking questions.
just one told me -I like that breakout thing-but i feel i am not doing it right way.
he also revealed that one more guy is very focussed on bouncers in downtrend.
Honestly I have yet to put together a small sequence of steps to take best advantage of the screener. Now that videos are at hand,I would focus on this action point-first on breakout list
The chart shows green,blue,red lines as MA20,MA50 AND MA200.
We look to buy on range high break. I think of buying after moving averages converging,keeping angle of ma lines and separation in view.
I saw the video below.
How to find stocks that can rally 20% over 2 weeks (3 minutes)
With ratio of todays volume to average volume>70%,with volume>10,00,000,with RS>90 TO 95, things looking good.
One thing I wanted to ask you is
Is it possible to provide in future a value of ATR(66),say ATR(70),this gives an idea of average move between low and high during this period. For short term traders,ATR(22) may be of help.Personally I believe,I wont bet on a stock that has low ATR. I am not asking for immediately incorporating this but please do consider if it is worth as you get time.
regards
rvlv