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Wednesday
May112011

Using Correlation in Prodigio Wizard Lab to find Profitable Trade Opportunities - 05/11/2011

Prodigio/Wizard Lab Chat - 05/11/2011

Using Correlation in Prodigio Wizard Lab to find Profitable Trade Opportunities

In this week's chat, I combined the SPX Trend rule from last week, which we used to measure the strength of the trend in the general market, and I combined it with a new correlationbased scanning rule.  The correlation scan filters out stocks that are not intrinsically related to the broad market.  If you missed it, please check out this week's chat in the Video Archive.  You can use this scanning system to find some fantastic trading opportunities!

Read more and get Wiz files 

« Techniques to combine simple Rules into a single Master Rule - 05/18/2011 | Prodigio/Wizard Lab Chat - 05/04/2011 »

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