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 is not about using technical analysis to read a stock chart. It is something much more effective.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This ground breaking algorithm gives any computer an almost spooky ability to analyze a stock better than a technical analyst reading a stock chart! Many years ago, software programs used statistics and models for returning buy and sell signals. But this secret algorithm is way more advanced. It's like have 50 analysts inside your computer giving you their opinions on any stock you want!
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.
One component of this formula is to establish the direction of the trend. You need the 10 day MA, the 20 day MA, and the 50 day MA. The formula for this section is: IF 10 day MA greater than 20 day MA greater than 50 day MA THEN NEXT STEP. This is just a computer way of saying that the 10 day MA needs to be above the 20 day MA which needs to be above the 50 day MA. If it is, move on to the next step, if not, throw away that stock and start over.
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.
Now in this next step, we need to see if the stock is trading at its 3 day high. If it is, read the next step below. If not, you know how this goes, get rid of the stock and find another one and start all 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. - 23167
This is not about using technical analysis to read a stock chart. It is something much more effective.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This ground breaking algorithm gives any computer an almost spooky ability to analyze a stock better than a technical analyst reading a stock chart! Many years ago, software programs used statistics and models for returning buy and sell signals. But this secret algorithm is way more advanced. It's like have 50 analysts inside your computer giving you their opinions on any stock you want!
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.
One component of this formula is to establish the direction of the trend. You need the 10 day MA, the 20 day MA, and the 50 day MA. The formula for this section is: IF 10 day MA greater than 20 day MA greater than 50 day MA THEN NEXT STEP. This is just a computer way of saying that the 10 day MA needs to be above the 20 day MA which needs to be above the 50 day MA. If it is, move on to the next step, if not, throw away that stock and start over.
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.
Now in this next step, we need to see if the stock is trading at its 3 day high. If it is, read the next step below. If not, you know how this goes, get rid of the stock and find another one and start all 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. - 23167
About the Author:
Don't waste the time doing this by hand, there is an Artificial Intelligence stock screener that can scan over 20,000 stocks in 3 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by X - Men @ 6:24 AM
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