Hi @mirren,
I gave it good test with API. I started out with $2000.00 and kept selling at the top of the BR and then waited for the price to drop back to the bottom of the BR. I never really caught the absolute tops and bottoms, but came pretty close. I made 10 trades all up and finished up with 100% gain. If I had of just bought the stock from the start and held it, the profit would have only been $702.00
It's hard finding stocks like this that show a consistent uptrend but also have a wavy pattern. I wish it was possible to scan for it? But when they do pop up I find they are quite easy to trade.
I'm also trading A2M at the moment, but the SP has been a little too consistent, not wavy enough, so I used the dip down to the 50MA instead of the bottom of the BR as my buy in point. A2M was having much long runs, with short retraces, so I had to change my trading strategy for this one.
I do use Barchart to looks for stocks as they have some pretty descent scans, which are free
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- Weekend Charting 28th July - 30th July 2017
Weekend Charting 28th July - 30th July 2017, page-26
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