Code for identifying V type patterns in stocks
Author: gbullr
Creation Date: 3/9/2010 12:09 AM
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gbullr

#1
How would I code A stock that reaches a 52 week high and within x period goes down by 10 % or more and goes back up lets say to within 2 pct of the 52 week high.

What I am having trouble with is the sequence in the timing :

First 52 week high
then 10Pct down
Then back up
within certain period.

Thanks.

Regards.

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Eugene

#2
QUOTE:
What I am having trouble with is the sequence in the timing :

Please take a look at this tutorial:

Setups, Triggers, Delays, and Timeouts
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Eugene

#3
Here you go:
CODE:
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gbullr

#4
Any way to delimit the time of the v such that this pattern has to occur in 10 days?

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Eugene

#5
Thank you for saying thank you.

Yes, what you have to do is simply calculate the difference between the highBar and the bar before the buy order.