Woooah Quasi... Cool Scan. Much more indepth than mine have been as I've tried to keep them relatively tame but whatever works. I'll have to run it tonight and see what it pulls up but I'd then likely run the gauntlet of my other signals over the scan results.As for Aussie Trader and running Automated Scans and using Mechanical Trading (or system trading).... You may have something there if we were able to write a Scan(s) that was Foolproof, however if a scan is good but keeps pulling up 80 stocks or so, you need to then keep narrowing down the parameters to scan over and over till you get a short list, kinda like interviewing candidates for a job, eventually getting a top 5 list. Then add some Fundamental Analysis and we could likely generate some seriously profitable swing trades on the top 3.
Thing is there's a Gazillion parameters to meet everyones trading style so how could we agree on anything? The other thing is most of here don't day trade, we swing trade so again most anything with a momentum indicator is toast.
I've now got about 6 good scans that I look at periodically but not nearly as much as I'd like. Perhaps if we put our collective minds together to determine if there are mutual indicators of interest that appear affective and build one scan than encompasses them all...
Would that even be possible?
BWTFDIK - My dog CDIC needs a good bath and Beating!..... Just kidding about the