1up1down
1 posts
msg #161658
- Ignore 1up1down |
3/12/2025 6:31:52 AM
Hello all, Interesting markets! I'm trying to write a filter for a bear flag, and not having much luck.
Here it is:
show all stocks that had new 12 week low 4 days ago and low 3 days ago was < 1.5% above low 4 days ago and low 3 days ago was < 1.5% below low 2 days ago and low 2 days ago was < 1.5% above low 3 days ago and low 2 days ago was < 1.5% below low 3 days ago and low 1 day ago was < 1.5% above low 2 days ago and low 1 day ago was < 1.5% below low 2 days ago and low today was < 1.5% above low 1 day ago and low today is < 2% below low 1 day ago and low 4 days ago was > $10.
Anyone have a better way to do this?
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xarlor
592 posts
msg #161660
- Ignore xarlor |
3/12/2025 9:14:31 AM
I *think* this is what you're going for, but not entirely certain.
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TheRumpledOne
6,498 posts
msg #161663
- Ignore TheRumpledOne |
3/12/2025 1:13:38 PM
ChatGPT:
write a stockfetcher filter for bear flag
ChatGPT said:
A bear flag is a continuation pattern that occurs after a strong downward price move, followed by a consolidation (flag), and then a potential continuation downward. Below is a StockFetcher filter to scan for bear flag patterns:
Explanation of the Criteria:
Strong Downward Move: Price drops at least 10% over the last 5 days, ensuring a sharp decline.
Consolidation: Price remains between Bollinger Bands (20) and within 10% of the 5-day high, forming the "flag."
Overall Downtrend: Moving averages confirm the bearish trend (MA20 < MA50 < MA200).
Liquidity Filter: Ensures average volume is above 100,000 to avoid illiquid stocks.
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