How to Find Oversold Stocks

We have had many requests for a setting that is good at finding stocks that are oversold and may be ready to bounce. Here it is for those interested in taking a look.
Oversold Opportunities

Algorithmic Trade Selection: Early Results

When you set off to create a completely automated trading system do not assume it is going to be easy.

We continue to pursue the question we posed in our previous post: Under what market conditions does the system work best?

We have had some amazing results and some frustrating results as well. We continue to study and work with various settings to make them more productive - a work in progress. Here is a link to system results thus far. http://www.trade-ideas.com/ATRADE/ProfitReport.html

03/14/2005 UPDATE:
We have temporarily pulled the ATRADE ATS offering from the list of strategies at Trade-Ideas. You can guess why and hopefully understand our unwillingness to offer a tool that, however temporary, does not help our subscribers succeed in the markets. They and others will be back.