This is what I am doing :
I am shortlisting stocks that meet the following criteria :
CONDITION 1 :
Current Close is > 5 period EMA of Close which is above 200 period EMA of Close
CONDITION 2 :
RSI of 14 period crosses 50
CONDITION 3 :
Current Volume is greater than 5 period EMA of Volume and 30 period EMA of Volume is > 120 period EMA of Volume
Trying to Scan the system at around 3:25 and enter in the stock before close!
I am using Metastock to do it !
I expect these Stocks to make good move in next couple of days !
I am shortlisting stocks that meet the following criteria :
CONDITION 1 :
Current Close is > 5 period EMA of Close which is above 200 period EMA of Close
CONDITION 2 :
RSI of 14 period crosses 50
CONDITION 3 :
Current Volume is greater than 5 period EMA of Volume and 30 period EMA of Volume is > 120 period EMA of Volume
Trying to Scan the system at around 3:25 and enter in the stock before close!
I am using Metastock to do it !
I expect these Stocks to make good move in next couple of days !