Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.
| Date | Sym | L/S | Close | MA(200) | Vol MA(100) | Reason |
| 20071012 | ASF |  |
38.87 | 36.4751 | 338114 | 1 |
| 20071012 | ASTI | |
15.27 | 7.9337855 | 484196.62 | 1 |
| 20071012 | CSL | |
46.37 | 44.85765 | 320562 | 1 |
| 20071012 | ELNK | |
7.56 | 7.4194255 | 2367735.73 | 1 |
| 20071012 | FRT | |
90.9 | 86.2849500000001 | 431995 | 1 |
| 20071012 | IIG | |
23.15 | 22.257617 | 296111.91 | 1 |
| 20071012 | IR | |
53.08 | 48.07635 | 2769080.05 | 1 |
| 20071012 | KTC | |
24.35 | 23.54335 | 494461.79 | 1, 2 |
| 20071012 | MLI | |
35.3 | 33.21495 | 284246 | 1 |
| 20071012 | MMPI | |
5.55 | -1 | 267120.26 | 1 |
| 20071012 | MNT | |
45.67 | 45.0479 | 851942.13 | 1 |
| 20071012 | MR | |
38.55 | 29.1734 | 776183.15 | 1, 2 |
| 20071012 | NHP | |
30.89 | 30.01485 | 1275216.08 | 1 |
| 20071012 | OHI | |
16.57 | 16.5356 | 445403.85 | 1, 2 |
| 20071012 | RRGB | |
41.75 | 39.4929 | 398685.18 | 1 |
| 20071012 | SHPGY | |
70.75 | 69.3287495 | 719566.66 | 1, 2, 3, 4 |
1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.
Happy Trading!
I understand intuitively the reasons 1 to 4. Based on your experience with using moving averages, do you find lag to be a problem in terms of providing an early enough indication of whatever you are measuring?
Lag can definitely be a problem with a lot of indicators. Since my trading is currently manual and this automated process provides watchlist input only, I can easily compensate for the lag myself by looking at the price action.
If this was algorithmic “blackbox” trading, than something more would probably have to be done to handle the time-lag.