MATRIX Penny Stocks

[skatchmo]

Exactly, here are a couple ideas I've had with the DMI scans, tell me if you like what I'm trying to do here, and what kinds of things are you imputing. So far, I'm unimpressed with what I've found. I've done much better with the bollie parameters I'll post below.


Show stocks where +DI(14) is below -DI(14)
Show stocks where +DI(14) is near -DI(14)
Show stocks where +DI(14) has been increasing for the last 1 days
-DI(14) has been decreasing for the last 1 days
and Average Volume(10) is above 5000
and close is between .0001 and 2

I ran a DMI scan for stocks which had the + cross above the - and in both the short and long term the scan gave results that would have netted negative money. So I made that one in hopes of having the stock already on my watch when it crosses.

This bollie screen found a few stocks that really seem to fit the discription Omni gives in the I Box of what we're looking for, and it has my full endorsement. If you have any other ideas, I'd love to hear them, sounds like we do some similar research.
Show stocks where close is near upper bollinger band(10)
and Average Volume(10) is above 5000
and close is between .0001 and 2
close is above MA(5)
close is above MA(10)
close is above MA(32)