StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 34 35 36 37 38 ... 40 >>Post Follow-up
sbuck143
88 posts
msg #89184
Ignore sbuck143
3/5/2010 6:10:28 PM

bumping for newbies like me.

Venice
82 posts
msg #89359
Ignore Venice
3/10/2010 9:53:04 AM

Hi TRO, a question here. How do you normally enter gap fading trades? For instance, one great candidate for your filter is GENZ. Currently shows a 82% gap filling rate.

Do you set a market order at the end of the previous day to let it buy at whatever is available at open, then sell just below the previous days close? The biggest issue I am having understanding this is when you actually enter the trade, and how. Do you just usually use a limit order right at 9:30?

cwn6161
40 posts
msg #89475
Ignore cwn6161
3/12/2010 11:49:35 AM

Since you don't know which direction it will gap, you can't really prepare for the next day. The best bet is to use limit orders in the morning.

TheRumpledOne
6,411 posts
msg #89489
Ignore TheRumpledOne
3/12/2010 3:34:39 PM

Use the BUY ZONE to FADE THE GAP.



prion99
2 posts
msg #89973
Ignore prion99
3/19/2010 10:58:21 PM

TRO--
do you still offer trading seminars. Iin particular, I am interested in your fading the gap strategy. Thanks for all your great information.

Bonnie

TheRumpledOne
6,411 posts
msg #90004
Ignore TheRumpledOne
3/20/2010 11:21:53 AM

I have never offered TRADING SEMINARS.

The members of www.kreslik.com have PIRATE GATHERINGS. The next one is May 10 - 18, in Monaco.



prion99
2 posts
msg #90063
Ignore prion99
3/21/2010 7:51:49 PM

Sorry about that. I thought the 6/1/2009 posting regarding a webinar was one which you offered. Thank you.

TheRumpledOne
6,411 posts
msg #97206
Ignore TheRumpledOne
10/26/2010 7:11:39 PM

POP

TheRumpledOne
6,411 posts
msg #97579
Ignore TheRumpledOne
11/21/2010 10:39:06 AM

FYI

http://www.sfomag.com/eSFO/eSFO2010_11.aspx?pg=47

taylorsk
106 posts
msg #97635
Ignore taylorsk
11/27/2010 11:32:29 AM

Like that article TRO..

HOw about this filter to count index gaps, gaps filled, and closes that went in the direction of the gap?

I woul suggest fading the gaps when the statistics indicate it is a higer probability than gaps succeeding in thier direction.

I have been fading gaps and milking cows for a while with success. I have always been an indexw atcher and now this gives me some index statistics to help me decide on what type of gaps to look for gaps up or down...

Thanks again...

Fetcher[
/* TRO - FADING THE GAP STATISTICS FILTER */

/* SELECTION CRITERIA */

symlist(qqqq,spy)


set{Xgapped, open - close 1 day ago}
set{Xgapup, count(Xgapped > 0, 1)}
set{Xgapdn, count(Xgapped < 0, 1)}

set{absgap, abs(Xgapped)}

set{gappedup100, count(Xgapup > 0, 100)}
set{gappeddn100, count(Xgapdn > 0, 100)}

set{closelo, close 1 day ago - low}
set{hiclose, high - close 1 day ago }

set{fillup, count(closelo > 0, 1)}
set{filldn, count(hiclose > 0, 1)}

set{gapupfilled, Xgapup * fillup }
set{gapdnfilled, Xgapdn * filldn }

set{gapupfilled100, count(gapupfilled > 0, 100)}
set{gapdnfilled100, count(gapdnfilled > 0, 100)}

set{gapuphold100, count(close > open,100)}
set{gapdownhold100, count(close < open, 100)}

/* DRAW PLOTS */

DRAW XGAPPED ON PLOT XGAPPED


add column gappedup100
add column gapupfilled100
add column gapuphold100
add column gappeddn100
add column gapdnfilled100
add column gapdownhold100
]




StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 34 35 36 37 38 ... 40 >>Post Follow-up

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