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newrider

09/10/03 8:13 AM

#17411 RE: jenna #17410

Jenna, read your article on Smash and Grab Trades which suggests choosing stocks with the highest intraday ranges. I have a software program called Amibroker which is similar to Metastock in its scanning ability and actual programing code needed to perform an exploration. Would it be possible for you to share some come that your program uses to help find stocks that are exhibiting these ranges. I assume that you scan for them at EOD and look at the charts for the next days setup or play. Though your code for this exploration may be different, I should be able to dicipher it. Or maybe you can just list a set of criteria for finding these stocks and I will beable to write the code in my program to find them.

As of now I am assuming that you are referring to the difference between the high and low of the day as the range and probably are setting a % limit, i.e. weeding out those that fall under a particular range. In addition to this exploration, you are probably then looking at fundamental and indicators to help determine your entry points.

I would appreciate any help you can give me. If you can cut and paste your code and send via email or post on messageboard, I think that would be a great help to those of us reading your articles.

Thanks again
MR