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Wednesday, January 6, 2010

The Trading Plan version 2

I made some changes to the ATR parameter for stocks scans and also volume.

Finviz Scan:
Bull Scan:
Optionable stock.
Price > $20.
ROE > 10%
Price < SMA20.
Price > SMA50
Price > SMA200.

Average volume > 1000,000 (Adjustable if too many stocks)

ATR > 0.5


Bear Scan:
Optionable stock.
Price > $20.
Price > SMA20.
Price < SMA50
Price < SMA200.
Average volume > 500,000. (Adjustable if too many stocks)
ATR > 0.5

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