This template locates stocks that have been in an uptrend, pulled back and are now showing signs of resuming the uptrend. There are 2 custom sort columns which work as follows:
1: 'Yes' if current direction is up, pullback was less than 100% of previous uptrend and the stock has had an impulse in the current direction.
2: 'Yes' if the low of the pullback was within 0-5% of one of the moving averages
By default the list is sorted primarily by custom sort '1' and within that by the number of bars in the current uptrend to try to identify stocks that are at the beginning of a new move up. You can click on custom sort '2' in order to further sort by stocks that pulled back to a moving average.