kmcintyre Veteran   Posts: 132 Joined: 9/12/2007 Location: Valley Center, CA  User Profile | I am attaching 5 indicators. indDTIYearOpen( Years ) indDTIMonthOpen( Years ) indDTIWeekOpen( Years ) These draw (and return) the Year, Month, and Week open price. N probably has something that does this, but I often find it easier to just write what I want. The Years param specifies how many years basck from the HRE I want the open pivots calculated and drawn for. (This saves some processing time on charts where I have 30 years of data, such as SPY) DTI = Diversified Trading Institute = Tom Busby The open pivots are key to his trading approach To me, they are just another support /resistance level, but what do I know... indWOP52WeekHighs( Period ) indWOP52WeekLows( Period ) These indicators plot and return the number of new 52 week highs or lows detected in the previous Period bars. WOP = Weekly Option Profits = my attempt at a super high hit rate weekly option income strategy So many gurus call out 52 week highs and lows as important to picking stocks. My twist is that a stock that has made 10 new 52 week highs in the past month is different than a stock that has made 1 52 week high. I plan on using this in OmniScan and possibly a Filter block to find certain types of trades. (Specifically stocks in strong uptrends and downtrends...) Will it be helpful? I don't know. Many hours with Strategy Wizard should shed some light. There are a couple coding nuggets in there somewhate. Hope someone finds this useful.  Attached file : indDTIMonthOpen.txt (1KB - 231 downloads) Attached file : indDTIWeekOpen.txt (1KB - 231 downloads) Attached file : indDTIYearOpen.txt (1KB - 269 downloads) Attached file : indWOP52WeekHighs.txt (0KB - 226 downloads) Attached file : indWOP52WeekLows.txt (0KB - 240 downloads) |
