Bagman's charts, watchlists, scans and etc.

[simplegreen]

GM $tock...was just looking around to see how a lot old friends are doing and came across your post on GB's $1 Boogie stuff....I have to brag on GB55 in coming up with his concept and I really like it as well.I have been working with a Momentum(7) Database scan and its extremey effective so I decided to do a scan I named Momentum(7) Database GB55 Scan..Sort Of!!...here is the text for the scan and I can use it on any PPS criteria but in this case I went with .75 to 1.75...reason being that many in this price range get slammed to a major support on occasin at about .75-.85 then jump back across a buck...on the other hand momentum can often run them toward a $2 mark when in fact they should slow or stop at 1.50 as a psychological resistance point.
You will probably have a lot of questions as far as understanding this scan and if so just fire away...



set{v,average volume(90)}
set{volinc,volume/v}
and average volume(30) is above 10000
set{MOMOToday,momentum(7)}
add column MOMOToday
set{MOMOYesterday,momentum(7) 1 days ago}
add column MOMOYesterday
set{TREND,MOMOToday-MOMOYesterday}
add column TREND
add column momentum(7) 3 month low
add column ECO(10,5)
sort column 7 descending
and volume is above 30000
add column VWMACD(12,26,9) divergence
add column IIO(14)
and close is between .75 and 1.50
and PPO(12,26,9) fast line is below -5.00
and ADX(20) is above 30