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The following Indicator was produced to screen stocks that where experiencing a bottom turning point. The Center of Gravity Indicator is a heavily front weighted moving avg. Center of Gravity actually has very little lag and allows you to detect turning points precisely. I wanted to utilize this indicator in a scanner to find good entry prospects.
Can anyone suggest why I am not returning any results form this indicator?
Any improvement suggestions will be greatly appreciated.
Thanks, Michael
{Center of Gravity Turning Point}
VARS:COG(0),COGTP(2),VOLTP(2);