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Re: HObieKid post# 1667

Sunday, 02/21/2010 8:43:34 PM

Sunday, February 21, 2010 8:43:34 PM

Post# of 1986
Your strategy looks good to me. There are no downward indicators selected in your configuration. Some of the volume alerts you have may be for stocks on the way down as well. Remember the filters act as 'and' statements - all them must be satisfied before even considering an alert which act as 'or' statements.

To help bias results upward I did add a filter that the previous 2 5 min candles must be up. I also added another filter that the 8 period sma must be above the 20 period sma. Take a look and see if this doesnt help you:

http://www.trade-ideas.com/View.php?O=200000000000000000000000000000000000000050000000000000060000_319_0&QHRV=10&QRU=8&QPUD=5&QSV=2&QVS1=10&MinPrice=0.02&MaxPrice=4&MinVol=100000&MinRV=1.5&MinUp5=2&Min2Sma8a20=.05&WN=Modified+Penny+01:+Bias+Up

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