Do Better Than Just A Stock Chart - Coveted Secret Algorithm Of Artificial Intelligence Trading Discovered
I'm going to do something that is unheard of in stock chart and market analysis. I'm going to tell you exactly what I look for in a stock and how I find picks for one of the most popular stock blogs on the Internet.
This is a secret formula that is much more effective than just reading a stock chart.
In fact, I learned this method from a top secret artificial intelligence algorithm that has produced returns in excess of 1,000% annually known only to a few inner circle stock market club members.
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 know a millionaire trader who swears by this formula and now I'm going to give you his formula for free.
I'm giving you this for free because I'm hoping you make a lot of money from this and become a regular reader of my articles. I think that's 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 component in this formula is to determine if on the previous day, in the last hour of trading, the stock closed above the 5 hour MA. If it has, move on to the next component in this killer formula. If not, reject the stock and start all over again until you find a stock that does.
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 component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
In this step, we need to look at the previous week of trading and then 2 weeks before that. If the stock hit a 3 week high in the last week of trading, that is excellent, keep reading. If not, say goodbye to the stock and start over again with another stock.
In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock. - 23311
This is a secret formula that is much more effective than just reading a stock chart.
In fact, I learned this method from a top secret artificial intelligence algorithm that has produced returns in excess of 1,000% annually known only to a few inner circle stock market club members.
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 know a millionaire trader who swears by this formula and now I'm going to give you his formula for free.
I'm giving you this for free because I'm hoping you make a lot of money from this and become a regular reader of my articles. I think that's 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 component in this formula is to determine if on the previous day, in the last hour of trading, the stock closed above the 5 hour MA. If it has, move on to the next component in this killer formula. If not, reject the stock and start all over again until you find a stock that does.
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 component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
In this step, we need to look at the previous week of trading and then 2 weeks before that. If the stock hit a 3 week high in the last week of trading, that is excellent, keep reading. If not, say goodbye to the stock and start over again with another stock.
In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock. - 23311
About the Author:
Don't spend the time doing this by hand, there is an automatic stock screener that will scan over 20,000 stocks in 5 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by Mr. Forex at
1:42 AM
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