How A Computer Reads A Stock Chart - Secret Million Dollar Algorithm Revealed
Looking at a stock chart is not how I pick winners. Don't get me wrong, I do look at stock charts but they are not how I pick 100% baggers. I'm going to show you the exact formula I use to pick winner after winner.
This secret algorithm I'm about to reveal beats the pants off just using technical analysis to read stock charts.
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 have used this to make a lot of money and now I'm going to tell you exactly what the algorithm is.
Now you might be thinking how a formula this valuable can be given away free. Simple. I want you as a regular reader of my free blog. I figure if I can help you make a ton of cash you'll become a subscriber. That sounds 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 step in this algorithm is to look at the previous day's close and the last hour of trading. If the stock closed above the 5 hour MA go on to the next step. If it has not, throw out the stock and start over again with a new stock.
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.
The next step is to determine of the last price of the stock was above its 20 day MA. If it is, move on.
The next step is to see if the stock, during the previous week of trading, hit a new 3 week high. If it has, keep reading. If not, you know the drill, toss the stock out and find a better one.
In this component of the algorithm, we must look at the previous month of trading and then 2 months before that. What you need to determine is if the stock, during the previous month, hit a 3 month high. If it has, now that's a stock! If it has not, you must let the stock go and find another stock and repeat this process over again. - 23229
This secret algorithm I'm about to reveal beats the pants off just using technical analysis to read stock charts.
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 have used this to make a lot of money and now I'm going to tell you exactly what the algorithm is.
Now you might be thinking how a formula this valuable can be given away free. Simple. I want you as a regular reader of my free blog. I figure if I can help you make a ton of cash you'll become a subscriber. That sounds 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 step in this algorithm is to look at the previous day's close and the last hour of trading. If the stock closed above the 5 hour MA go on to the next step. If it has not, throw out the stock and start over again with a new stock.
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.
The next step is to determine of the last price of the stock was above its 20 day MA. If it is, move on.
The next step is to see if the stock, during the previous week of trading, hit a new 3 week high. If it has, keep reading. If not, you know the drill, toss the stock out and find a better one.
In this component of the algorithm, we must look at the previous month of trading and then 2 months before that. What you need to determine is if the stock, during the previous month, hit a 3 month high. If it has, now that's a stock! If it has not, you must let the stock go and find another stock and repeat this process over again. - 23229
About the Author:
Before you waste the time doing this by hand, there is an Artificial Intelligence stock screener that can scan more than 25,000 stocks in 3 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by X - Men @ 3:56 AM
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