Looking at a stock chart is not how I pick winners. Don’t get me wrong, I do look at stock charts but they are not how I pick 100% baggers. I’m going to show you the exact formula I use to pick winner after winner.

This secret algorithm I’m about to reveal beats the pants off just using technical analysis to read stock charts.

I got this secret algorithm from the crowd of the world’s best traders that I run with. This algorithm has the potential of putting you in stocks that can return 100%, 200% even 1,000% and more!

This ground breaking algorithm gives any computer an almost spooky ability to analyze a stock better than a technical analyst reading a stock chart! Many years ago, software programs used statistics and models for returning buy and sell signals. But this secret algorithm is way more advanced. It’s like have 50 analysts inside your computer giving you their opinions on any stock you want!

I know a millionaire trader who swears by this formula and now I’m going to give you his formula for free.

I’m giving you this for free because I’m hoping you make a lot of money from this and become a regular reader of my articles. I think that’s fair.

We need to examine the trend. Get the 10 day MA, the 20 day MA, and the 50 day MA. The formula is: 10 day MA greater than 20 day MA greater than 50 day MA. So the 10 day MA should be above the 20 day MA. The 20 day MA should be above the 50 day MA. If this criteria is met, move on to the next step. If not, toss out the stock and start over.

The next step in this algorithm is to look at the previous day’s close and the last hour of trading. If the stock closed above the 5 hour MA go on to the next step. If it has not, throw out the stock and start over again with a new stock.

Now in this next step, we need to see if the stock is trading at its 3 day high. If it is, read the next step below. If not, you know how this goes, get rid of the stock and find another one and start all over again.

The next step is to determine of the last price of the stock was above its 20 day MA. If it is, move on.

The next step is to see if the stock, during the previous week of trading, hit a new 3 week high. If it has, keep reading. If not, you know the drill, toss the stock out and find a better one.

In this step we need to determine if the stock traded at a 3 month high during the previous month of trading. If it has, fantastic! If not, lose the stock and start over again with a new stock.