nsusa
11 posts
msg #122178
- Ignore nsusa |
12/8/2014 10:20:20 PM
I am using the inside days trading strategy, but seem to be missing out some really solid trades because the list per day can be quite long. I had success when finding double inside days (2 Consecutive Inside Days/Shark), but those do not happen too often and it is sad to see those trades in hindsight.
http://forums.stockfetcher.com/sfforums/?q=view&fid=1002&tid=38839&qrid=
I am using alf's Range Contraction Expansion filter, but are getting too much data. He has this implemented into his query. However, when I try to isolate it my queries do not work. Then I tried a single inside day scan, but I guess my coding skills would never put food on the plate for my family.
Any help to get a query written for a double inside day would be really appreciated. Here is the single inside day query. How would I be able to scan for two inside days in a row?
/* inside day low/high*/
set{xtop1, max( high 1 day ago, low 1 day ago) }
set{xbottom1, min( high 1 day ago, low 1 day ago) }
set{xtop, max( high , low ) }
set{xbottom, min( high , low ) }
xtop < xtop1
xbottom > xbottom1
high above 20
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Kevin_in_GA
4,599 posts
msg #122179
- Ignore Kevin_in_GA |
12/8/2014 10:31:44 PM
/* inside day low/high*/
set{xtop1, max( high 1 day ago, low 1 day ago) } when would this EVER be anything other than the high?
set{xbottom1, min( high 1 day ago, low 1 day ago) } same issue - always will be the low
set{xtop, max( high , low ) }
set{xbottom, min( high , low ) }
xtop < xtop1
xbottom > xbottom1
high above 20
+++++++++++
Try something like this (this assumes I get the double inside day concept right):
another approach is to look at the range (high - low) and look for a new low in that variable (implying a strong range contraction):
or try to combine them?
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heypa
283 posts
msg #122184
- Ignore heypa |
12/9/2014 12:40:11 PM
Keven. I''m not a coder since I work visually off the charts . If I were a coder with this question I would use candle body highs and lows to keep the down candles from messing things up.
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stratiG
147 posts
msg #122187
- Ignore stratiG |
12/9/2014 2:21:14 PM
Someone posted this on here a while ago.
/* Inside Days that are also EITHER NR4s OR NR7s */
/* Inside Days (H/L Range inside H/L Range 1 day ago) */
set{IDhi, count(High below High 1 day ago, 1)}
set{IDlo, count(Low above Low 1 day ago, 1)}
set{ID, IDhi * IDlo}
/* --------------------------------------------- */
/* Inside Day NR4s (Inside Day with Narrowist Range of the last 4 days) */
set{NR4, count(Day Point Range reached a new 4 day Low, 1)}
set{IdNr4s, ID * NR4}
/* Inside Day NR7s (Inside Day with Narrowist Range of the last 7 days) */
set{NR7, count(Day Point Range reached a new 7 day Low, 1)}
set{IdNr7s, ID * NR7}
/* ------------------------------------------- */
/* Pattern Fetcher */
set{A1, IdNr4s + IdNr7s}
Show stocks where A1 is greater than 0
price above 30
average day volume(30) above 700000
add column ID
add column NR4
add column NR7
draw EMA(9)
draw EMA(20)
draw MA(50)
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nsusa
11 posts
msg #122199
- Ignore nsusa |
12/10/2014 8:51:11 PM
Kevin - thank you so much. The first code you posted does the trick. Again, thank you so much - not just for your help here, but in general. I learned so much from your postings here and several of your filters are so helpful. It is really appreciated!!! I hope I can give back the same way one day or buy you beer or so.
Chris
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Kevin_in_GA
4,599 posts
msg #122213
- Ignore Kevin_in_GA |
12/11/2014 9:44:13 PM
I do accept payment in beer. However in this case I'm sufficiently compensated knowing that it helps you out.
I will say that you should be looking at some of Tony Crabel's N4 and N7 + inside day stuff (you will see that in the other post responding to you original question). My catch has been that while this usually leads to a breakout play, I can never tell in which direction.
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four
5,087 posts
msg #122214
- Ignore four |
12/11/2014 10:02:01 PM
http://paststat.com/stock-screener/nr7-inside-day/
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