No. of Recommendations: 7
I don't get the logic of this screen.It appears to look for high volatility equities (low low prices relative to the high price) that are currently at or near highs within the Nasdaq 100. It's pretty good but volatile as can be seen at the following link.
gtr1.net: GTR1 Backtester - Naz_Above_AvgIt also works with longer holds. 252 days offers good performance for the hold length. Worth further exploration IMO.
(And as mentioned by Aussi GTR1 needs to use the gprc(1) instead of aprc - that's the cleaned total return pricing adjusted for dividends, splits etc.)
