StockFetcher Forums · Filter Exchange · /* MPs RSIWRL DISPLAY */ | << 1 2 3 4 5 ... 7 >>Post Follow-up |
TheRumpledOne 6,411 posts msg #37116 - Ignore TheRumpledOne |
7/27/2005 7:37:41 PM *** UNDER CONSTRUCTION *** Indicator: inputs: AlertLength( 14 ) ; variables: AnyVol( 0 ) ; if BarType >= 2 then { ie, not tick/minute data } AnyVol = Volume else { if tick/minute data; in the case of minute data, also set the "For volume, use:" field in the Format Symbol dialog to Trade Vol or Tick Count, as desired } AnyVol = Ticks ; Plot1( AccumDist( AnyVol ), "AccDst-PrVol" ) ; { Alert criteria } if LowestBar( C, AlertLength ) = 0 and LowestBar( Plot1, AlertLength ) > 0 then Alert( "Bullish divergence - new low not confirmed" ) else if HighestBar( C, AlertLength ) = 0 and HighestBar( Plot1, AlertLength ) > 0 then Alert( "Bearish divergence - new high not confirmed" ) ; { ** Copyright (c) 1991-2003 TradeStation Technologies, Inc. All rights reserved. ** ** TradeStation reserves the right to modify or overwrite this analysis technique with each release. ** } Function: inputs: AnyVol( numericseries ) ; { pass in Volume if applying to daily data, or Ticks if applying to tick/minute data; in the case of minute data, also set the "For volume, use:" field in the Format Symbol dialog to Trade Vol or Tick Count, as desired; some built-in functions do this internally in the EasyLanguage code - see EaseOfMovement, HPI, MoneyFlow, OBV, PriceVolTrend, VolumeOsc, VolumeROC } variables: MyRange( 0 ), Change( 0 ) ; MyRange = H - L ; if MyRange > 0 then Change = ( C - O ) / MyRange * AnyVol else Change = 0 ; AccumDist = AccumDist[1] + Change ; { ** Copyright (c) 1991-2003 TradeStation Technologies, Inc. All rights reserved. ** ** TradeStation reserves the right to modify or overwrite this analysis technique with each release. ** } |
corsino 259 posts msg #37120 - Ignore corsino |
7/27/2005 8:35:47 PM RumpledOne In the past you have criticized posters for using versions of the RSI(2) filter and loosely referring to it as "their" filter. Now I notice that you are taking credit , on BNG,for the RSIWRL filter for MP'system by writing "I wrote the filter" . I realize that you crave attention, but don't you think you are taking a little too much credit ? The real truth is that MP concocted the system on Prophet.com , I wrote a simple filter to scan for stocks, and as you are prone to do, added a display to the filter. THAT IS NOT WRITING THE FILTER. Corsino (colefk) |
TheRumpledOne 6,411 posts msg #37177 - Ignore TheRumpledOne |
7/30/2005 5:36:55 PM I didn't write the first filter for the RSIWRL... Here it is: stocks where Rsi(2)crossed above 20 within the last 1 days and Williams %R(10)crossed above -70 within the last 1 days and close is between 0.5 and 5 and average volume (90) is above 100000 and not OTCBB colefk@juno.com wrote it. My filter tries to identify all the aspects of MP's RSIWRL and it displays the results so you can 1) sort as is or 2) add a line or 2 and further filter out your selections. I think everyone knows I give credit where credit is due. Jingles and bells? I DON'T THINK SO! The orignal didn't include momentum, which MP added recently, nor did it try to calculate the A/D line... I am begging SF to give us that indicator. So, colefk, I am NOT taking credit for YOUR or MP's work. I am simple expanding on it to make it better for everyone. Understand? |
TheRumpledOne 6,411 posts msg #37179 - Ignore TheRumpledOne |
7/30/2005 5:54:12 PM BIG THANKS TO slytrader for posting a/d. Now, I have to figure a way around the a/d name because the set statement is trying to process the "/"! So close to finishing this now. MAY ALL YOUR FILLS BE COMPLETE |
TheRumpledOne 6,411 posts msg #37182 - Ignore TheRumpledOne |
7/30/2005 7:18:59 PM Due to set statement limitations, I couldn't do the math I needed to compute A/D percentages. To get around this, I used: accumulation distribution 1 day ago equal accumulation distribution 5 day low so we get stocks off an A/D bottom! I removed the RSI(2) < 25 selection in favor of sorting descending on the RSIWLR variable which counts the number of hits on the rsi, a/d, momentum and williams %r criteria... THE MORE HITS THE BETTER! For the record, Mike Parker came up with the RSIWLR display for Prophet.net. Corsino, developed a stockfetcher filter for it and posted that filter on the stockfetcher yahoo group. I have been working to make a stockfetcher filter that selects the stocks that the RSIWLR would pick and I believe I have done it. I will continue working to improve this filter. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37183 - Ignore TheRumpledOne |
7/30/2005 7:42:54 PM This is the MP RSIWLR Filter to use when you want to change the selection criteria. CLICK ON THE MAGNIFYING GLASS TO THE LEFT OF THE WORD FETCHER Now if you want to copy this into your own filter space, copy everything between "[" after the word Fetcher and "]" at the end. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37184 - Ignore TheRumpledOne |
7/30/2005 8:06:04 PM http://www.stockhideout.com/showthread.php?t=997 "As you can see, when the red and blue lines are moving TOGETHER and upturn FROM THE BOTTOM, you can expect a very nice rally in the stock. If they move up from a higher position, probabilities are that the rally will be shorter -- most likely the normal 2 or 3 days, depending on the particular stocks rally history! " Perhaps someone can tweak the selection criteria to make this one better. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37185 - Ignore TheRumpledOne |
7/30/2005 8:10:39 PM http://www.stockhideout.com/showthread.php?t=997 "When the green MOMENTUM line and the red ACCUM/DIST lines also start from the bottom that is a VERY STRONG sign of a long term rally, as they are the TREND indicators for this little program!" Once again, feel free to tweak the selection criteria to make this better. MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37192 - Ignore TheRumpledOne |
7/31/2005 12:45:39 AM This version is a DISPLAY like the STOCK DASHBOARD. The beauty is you can use YOUR SELECTION criteria and see how it comes on on the analyzer. The higher the RSIWLR value, the better the candidate, in theory...lol!! Here's the RSIWRL ANALYZER DISPLAY with the MUDDY BB FILTER selection criteria: MAY ALL YOUR FILLS BE COMPLETE. |
TheRumpledOne 6,411 posts msg #37193 - Ignore TheRumpledOne |
7/31/2005 1:14:18 AM set{adpct, abs(CMA(accumulation distribution, 100)) * .02} set{adval, abs(accumulation distribution) / adpct} add column adpct add column adval This is one more piece to the puzzle. If take the average of accumulation distribution that's the midpoint by definition. If we multiply it by 2 then that's the top of the range (the 100% mark). If we divide that by 100, that's 1%. If we divide today's accumulation distribution by the 1% value, we know how many % today is, in other words, where to put it on the combined chart like on www.prophet.net. I guess, if I do that for all 4 components, it should closely match the www.prophet.net chart. TO BE CONTINUED... |
StockFetcher Forums · Filter Exchange · /* MPs RSIWRL DISPLAY */ | << 1 2 3 4 5 ... 7 >>Post Follow-up |
Copyright 2022 - Vestyl Software L.L.C.•Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data
Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus