Programming the weekly trend

[timaru69]

Morning all

I was wanting to build a scanning tool that allowed me to identify those stocks where the daily trend is going against the weekly trend.

At the moment I do this manually by flipping between the daily and weekly charts for each instrument.

This is time consuming especially when you are looking at the S&P 500 stocks.

What I would like to do is program some indicator/rule to my VB program to do this for me.

Any advice apprceiated

Thanks

 

[FetteredChinos]

cant you just approximate the weekly trend by looking at the daily price today as opposed to the daily price 200 (or whatever) days ago?

i find squinting through half closed eyes quite useful for filtering out the "noise". and im not joking on this one.

it is also usually easier after a skinful the night before.

 

[timaru69]

cant you just approximate the weekly trend by looking at the daily price today as opposed to the daily price 200 (or whatever) days ago?

i find squinting through half closed eyes quite useful for filtering out the "noise". and im not joking on this one.

it is also usually easier after a skinful the night before.

Hi FC

Yes that is one idea that I had, just wondering how accurate it might be, was hoping somebody may have done the hard yards. I'll try it out anyway.

Thanks

 

[commanderco]

Morning all

I was wanting to build a scanning tool that allowed me to identify those stocks where the daily trend is going against the weekly trend.

At the moment I do this manually by flipping between the daily and weekly charts for each instrument.

This is time consuming especially when you are looking at the S&P 500 stocks.

What I would like to do is program some indicator/rule to my VB program to do this for me.

Any advice apprceiated

Thanks

I can only help you in MetaStock