What's New: Screening for Bollinger Band Trends

By Colin Twiggs
May 08, 2017 3:00 a.m. EDT (5:00 p.m. AEST)

In my last newsletter I highlighted a strategy for trading trends using Bollinger Bands and Twiggs Money Flow.

I have created a new stock screen to accompany this. You will find the screen saved as #90489 on the Shared tab:

"....within the last 9999 weeks" represents all weeks.

Click Edit to adapt the screen for use on other Exchanges (e.g. US) and Indices (e.g. S&P 500).

On the results page, click the TMFC header to order by the number of weeks Twiggs Money Flow (13-week) has been above zero.

• The %b column shows the number of standard deviations the stock is above the moving average (e.g. NUF value is 2.08 STD).
• The TMFC column displays the number of weeks Twiggs Money Flow has been above zero, a measure of buying pressure.

The first few stocks in the list are likely to be well-established trends that commenced some time ago.

While others, further down the list, will display more recent breakouts.

Please note that stocks shown are for illustration purposes only and are not recommendations. Readers should conduct their own research.

Here is a quick refresh of the Bollinger Bands/Twiggs Money Flow trading strategy.

I am not a product of my circumstances. I am a product of my decisions.

~ Stephen Covey