Replies to post #6804 on StockCharts Support Forum

[Quasi]

RE: Satie, sideways chart then breakout.

Here's an example I used for a presentation last fall which might give you some ideas.

30 day consolidation scan, narrow range close within +/- 3% of the SMA-20,
then breakout above the +5% level



[type is stock]
and [1 day ago max (30, close ) <= 1 day ago sma(20, close) * 1.03]
and [1 day ago min (30, close ) >= 1 day ago sma(20, close) * .97]
and [close > 1 day ago sma(20, close) *1.05]

Note last line could be modified to look for a break in either direction,
and [ [close > 1 day ago sma(20, close) *1.05] or [close < 1 day ago sma(20, close) *0.95] ]

hope this gives you some ideas, just adjust the tolerances to fit your needs.

Quasi