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Pocket pivots

What is a pocket pivot trade? It lets you buy early in the base before the break out. So your average cost by buying the pocket pivot, then the base breakout, is lower than had you just bought the base breakout alone. You are also in a psychologically stronger position to hold onto the stock instead of getting whipped out of your position, which has been common in the 2000s. As with breakouts, you want to focus on fundamentally and technically strong stocks in leading industry groups. The day’s volume should be larger than the highest down volume day over the prior 10 days. Ten Rules for Pocket Pivots 1.As with base breakouts, proper pocket pivots should emerge within or out of constructive basing patterns. 2.The stock’s fundamentals should be strong, i.e., excellent earnings, sales, pretax margins, ROE, strong leader in its space, etc. 3.The day’s volume should be larger than the highest down volume day over the prior 10 days. 4.If the pocket pivot occurs in an uptrend...

NR explorers

1st //// Filter conditions  NR21 = (H - L) < Ref(LLV(H-L,20) ,-1); InsideBar = ((H < Ref(H,-1)) AND (Low > Ref(L,-1))); NR4 = (H - L) < Ref(LLV(H-L,3), -1); NR7 = (H - L) < Ref(LLV(H-L,6), -1); //// Scan the list for stocks matching the criteria Filter = (NR21 OR NR4 OR NR7) AND InsideBar ; AddColumn(H, "High",1.2 ); AddColumn(L, "Low ",1.2 ); AddColumn(H-L, "Range",1.2 ); AddColumn(C, "Close ",1.2 ); AddColumn(Volum e, "Volume ",1.0 ); AddColumn(ATR(8 ), "ATR 8 ",1.2 ); AddColumn(High,  "Buy Above",1.2 ); AddColumn(Low, "Sell Below",1.2 ); color1 = IIf(NR4, colorGreen, IIf(NR7, colorBlue, IIf(NR21, colorRed,colorB lack))); AddTextColumn(W riteIf((NR4),"N R4",WriteIf(NR7 ,"NR7",WriteIf( NR21,"NR21"," ")))," ",1.2,color1); 2nd  //// Filter conditions  NR21 = (H - L) < Ref(LLV(H-L,20) ,-1); InsideBar = ...

Vwap

_SECTION_BEGIN( "VWAP"); Bars_so_far_tod ay = 1 + BarsSince( Day() != Ref(Day(), -1)); StartBar = ValueWhen(TimeN um() == 091500, BarIndex()); TodayVolume = Sum(V,Bars_so_f ar_today); IIf (BarIndex() >= StartBar, VWAP = Sum (C * V, Bars_so_far_tod ay ) / TodayVolume,0); Plot (VWAP,"VWAP",co lorOrange, styleThick); _SECTION_END(); dn = DateTime(); sd = SelectedValue( dn ); start = dn == sd; mp = C; PV = mp * V; CV = Cum( V ); VSS = CV - ValueWhen( start, CV ); denom = IIf( VSS == 0, 1, VSS ); num = Cum( PV ) - ValueWhen( start, Cum( PV ) ); M = IIf( BarsSince( start ), num/denom, mp ); Plot( C, Date() + " Close", colorYellow, styleBar ); Plot( M, "M" + _PARAM_VALUES() , colorYellow, styleThick );

1st hour hi low

SetChartOptions (0,chartShowArr ows|chartShowDa tes); _N(Title = StrFormat("{{NA ME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); hv = V> 3*(MA(V,20)); colv= IIf(hv,colorCus tom12,IIf(Insid e(),colorGold,c olorBlack)); Plot( C, "Close", colv, styleNoTitle | ParamStyle("Sty le") | GetPriceStyle()  ); tn = TimeNum(); time1 = tn >= 091500 AND tn <= 101459; time2 = tn >= 101500 AND tn <= 111459; time3 = tn >= 111500 AND tn <= 121459; time4 = tn >= 121500 AND tn <= 131459; thigh1 = IIf(time1, HHV(H, BarsSince(time1  == False)), H); thigh1 = IIf(time1, thigh1, Ref(thigh1, -BarsSince(time 1))); thigh2 = IIf(time2, HHV(H, BarsSince(time2  == False)), H); thigh2 = IIf(time2, thigh2, Ref(thigh2, -BarsSince(time 2))); thigh3 = IIf(time3, HHV(H, BarsSince(time3  == False)), H); thigh3 = IIf(time3, thigh3, Ref(thigh3, -BarsSince(time 3))); thigh4 = IIf(time4, ...

Icchi Band

WH=HHV(High,5); WL=LLV(Low,5); WBP=(HHV(High,5 )+LLV(Low,5)+Cl ose)/3; RBAND=ValueWhen (Cross(MA(WBP,2 5),WBP),HHV(WH, 25),1); SBAND=ValueWhen (Cross(WBP,MA(W BP,25)),LLV(WL, 25),1); MSWNG=(RBAND+SB AND)/2; SetChartOptions (0,chartShowArr ows|chartShowDa tes); Plot( C, "Close", ParamColor("Col or", colorBlack ), styleNoTitle | ParamStyle("Sty le") | GetPriceStyle()  );  Plot(RBAND,"RES ",colorRed,styl eLine|styleThic k); Plot(SBAND,"SUP P",colorGreen,s tyleLine|styleT hick); GfxSelectFont(" Tahoma", Status("pxheigh t")/22 ); GfxSetTextAlign (6.5 );// center alignment GfxSetTextColor ( ColorHSB( 42, 42, 42 ) ); GfxSetBkMode(0) ; // transparent GfxTextOut( " " +Close, Status("pxwidth ")/ 2, Status("pxheight")/ 6 ); GfxTextOut( Name(), Status("pxwidth ")/ 2, Status("pxheight")/ 12 ); //15minscloud; SL = ( HHV( H, 78 ) + LLV( L, 78) )/2; TL = ( HHV( H, 27) + LLV( L,2...