riggs
313 posts
msg #38556
- Ignore riggs |
10/24/2005 5:06:34 PM
Hey guys, been playing with about 4 or 5 of these for the last month, so here's the best filter I have come up with. IMO, it's the best damn breakout you will ever see. There might be something out there as good, but not better, so here it go's.....
[show stocks where RSI(14)crossed above CEMA(RSI(14),5)and slow stochastics(5,3)fast %K crossed above slow stochastics(5,3)slow %D and average volume(90)is above 300000 and draw Bollinger Bands(20,2.0)draw EMA(3)draw EMA(13)draw ema(39)draw EMA(200)and add column industry]
Now what you're looking for is a possible EMA 3 / 13 crossover or even EMA 13 / 39. So make sure these EMA'S are in close proximity of one another. Also, when looking at breakouts NEVER neglect Volume. You can also tweak this by having the RSI above 40 on breakouts, either way, you can't miss with this one. Tell me your thoughts good or bad.
THE MIGHTY RIGGS
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TheRumpledOne
6,411 posts
msg #38560
- Ignore TheRumpledOne |
10/24/2005 8:21:14 PM
MAY ALL YOUR FILLS BE COMPLETE.
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Railwhore
69 posts
msg #38561
- Ignore Railwhore |
10/24/2005 9:16:04 PM
Add
and volume increasing last 2 days
OR
/* %volume since 13 days*/
set{vd13, volume - average volume(13)}
set{vr13, vd13 / average volume(13)}
set{%vol13, vr13 * 100.0}
for volume confirmation!
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alf44
2,025 posts
msg #38662
- Ignore alf44 |
11/2/2005 12:35:38 AM
"A Breakout filter you'll never forget!"
Hmmm...
Apparently...this filter HAS been forgotten !
Doesn't something have to be "memorable"...before it can be "forgotten" ?
LOL
alf44
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riggs
313 posts
msg #38663
- Ignore riggs |
11/2/2005 2:12:39 AM
Yeah? You remembered it though didn't you Ralph? And by doing so...you brought back up to the top where it belongs. Thanks ALF....I mean Ralph. What a maroon!
THE MIGHTY RIGGS
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BFreshour
139 posts
msg #38669
- Ignore BFreshour |
11/2/2005 9:01:55 AM
This was returning too many results for me... I modified it to the following:
/* variables */
set{profit, close - close 1 day ago}
/* %volume since 13 days*/
set{vd13, volume - average volume(13)}
set{vr13, vd13 / average volume(13)}
set{%vol13, vr13 * 100.0}
*/ globals */
average volume is above 250000
close is above 1
stock is optionable
/* avoid gaps */
low is below high 1 day ago
/* criteria */
rsi(14) crossed above cema(rsi(14),5)
slow stochastics(5,3) %k crossed above slow stochastics(5,3) %d
ema(13) approaching ema(39) from below
/* columns */
add column %vol13
add column ema(3)
add column ema(13)
add column ema(39)
add column ema(200)
/* draw */
draw ema(3)
draw ema(13)
draw ema(39)
draw ema(200)
/* sort */
sort by column 5 descending
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