Hi afl experts I have found two hns formulae one by dimitris psokakis and a modified version by Wells. Surprisingly both do not seem to capture the right candidates and in time.
I came to know this as I see some companies recomendations or tips quoting so n so scrip is now under head n shoulders pattern etc. I check the afl has not found it. I checked up with metastock guys. they use semi auto metthods like first they find higher tops or lower bottoms and from there they go walking manually. Others are using Deels new highs screen and from there they do manual monitoring. The Deels new highs screen is not available in amibrokewr formula. fOR A TRIPPLE BOTTOM SETUP, PEOPLE LOOK FOR EQUALLY SPACED LOWS, but I saw some guys first locate two higher highs then look for a higher low,then buy an breakout above the bar high. I asked them whereis the tripple bottom? They said-buddy,it is inside and understood. Can we get an afl to fulfill this task please The concept is first a major downtrend(duration? 50 days or so),then two higher highs then a higher low then buy on high of lowest bar. I fail to understand why the two top formulae in amibroker fail to work? Someone was telling ramp tool or recognia scanners do this task well. Does anyone endorse this as good and worth? Request some expert here to help complete this task thanks and best regards ford
