Jeffrey Scott: Low Jump Buy / High Jump Sell

Template Description

One of the techniques Jeffrey uses is to locate overbought and oversold stocks that have reversal signals. He uses the High Jump (an indicator developed by Ian Woodward) as the overbought/oversold indication. The high jump adds the distances between the closing price and the 17, 50 and 200 day moving averages. Jeffrey has developed a High Jump Oscillator which shows how close the current high jump is to the max high jump level acheived over the last N lookback bars. A reading of +100 indicates that the current high jump is at the max level. A reading of -100 indicates that the current high jump is at the min level. This template allows the user to choose a high jump threshold to give overbought/oversold stocks. The template also shows bullish and bearish potential reversal signals.

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