Moving Past Stock Charts and Into A.I. Algorithms
I don't just use stock charts for my analysis. I'm going to spill those proverbial beans and show you how I find the incredible stocks for a very popular stock blog.
This is a secret formula that is much more effective than just reading a stock chart.
I got this secret algorithm from the crowd of the world's best traders that I run with. This algorithm has the potential of putting you in stocks that can return 100%, 200% even 1,000% and more!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
I know a millionaire trader who swears by this formula and now I'm going to give you his formula for free.
So you are probably wondering why I'm giving this away free. Well, I'm hoping you will make a lot of money from this formula and become a subscriber to my blog. That's fair.
The first component of this formula is to determine the trend. What you want are the daily moving averages in three time frames: the 10 day MA, 20 day MA, and 50 day MA. Here is the first part of the formula: 10 day MA greater than 20 day MA greater than 50 day MA. In other words the 10 day MA is higher than the 20 day MA which in turn is higher than the 50 day MA. If the stock you are looking at meets this criteria, then move on to the next component in this formula. If it does not, go back and keep looking for a stock until you find one that does.
The next component in this formula is to determine if on the previous day, in the last hour of trading, the stock closed above the 5 hour MA. If it has, move on to the next component in this killer formula. If not, reject the stock and start all over again until you find a stock that does.
The next component in this formula is to determine if the stock is at a 3 day high. If it is, move on to the next step below. If not, you know the drill, throw away this stock and start over again.
Now we need to determine if the stock is above the 20 day MA. If it is, keep reading.
In this step, we need to look at the previous week of trading and then 2 weeks before that. If the stock hit a 3 week high in the last week of trading, that is excellent, keep reading. If not, say goodbye to the stock and start over again with another stock.
In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock. - 23162
This is a secret formula that is much more effective than just reading a stock chart.
I got this secret algorithm from the crowd of the world's best traders that I run with. This algorithm has the potential of putting you in stocks that can return 100%, 200% even 1,000% and more!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
I know a millionaire trader who swears by this formula and now I'm going to give you his formula for free.
So you are probably wondering why I'm giving this away free. Well, I'm hoping you will make a lot of money from this formula and become a subscriber to my blog. That's fair.
The first component of this formula is to determine the trend. What you want are the daily moving averages in three time frames: the 10 day MA, 20 day MA, and 50 day MA. Here is the first part of the formula: 10 day MA greater than 20 day MA greater than 50 day MA. In other words the 10 day MA is higher than the 20 day MA which in turn is higher than the 50 day MA. If the stock you are looking at meets this criteria, then move on to the next component in this formula. If it does not, go back and keep looking for a stock until you find one that does.
The next component in this formula is to determine if on the previous day, in the last hour of trading, the stock closed above the 5 hour MA. If it has, move on to the next component in this killer formula. If not, reject the stock and start all over again until you find a stock that does.
The next component in this formula is to determine if the stock is at a 3 day high. If it is, move on to the next step below. If not, you know the drill, throw away this stock and start over again.
Now we need to determine if the stock is above the 20 day MA. If it is, keep reading.
In this step, we need to look at the previous week of trading and then 2 weeks before that. If the stock hit a 3 week high in the last week of trading, that is excellent, keep reading. If not, say goodbye to the stock and start over again with another stock.
In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock. - 23162
About the Author:
Don't spend the time doing this by hand, there is an Artificial Intelligence stock screener that can scan more than 20,000 stocks in 5 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by X - Men @ 3:58 AM
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