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Re: lowdawg post# 3786

Monday, 11/07/2005 10:52:34 AM

Monday, November 07, 2005 10:52:34 AM

Post# of 7256
hi lowdawg, sorry I don't have a scan for that particular candlestick.

I will give it some thought though.

I enjoy all the posts regarding scans. They all provide ideas, and I am grateful to the people who take the time to share their scan ideas.

On the weekend, the discussion between Capitalist and Dimension (beginning with that DonCarlson post) was quite interesting, too.

I have spent some time working on the prediction probabilities of various indicators.

And I can see ways to use the Backtesting function to test for probabilities. Do a scan for 8 days ago. Save the results, and then scan those for 7 or 6 days ago to see if price rose, for example.

One of the problems is that you need an attractive entry point into the stocks identified. So the follow-up scans need to identify opening price and high or close or range.

These are just a few thoughts I had while I was skimming those posts.

I am going to spend some more time thinking about this, too.

Cush


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