four 5,087 posts msg #96013 - Ignore four modified |
9/4/2010 2:06:47 PM
buy? = high + .03
hp722c
--- added CNT so we have an "or/and" situation
LOW crossover -OR/AND- CNT = 1 will trigger
CNT sometimes enters a day earlier
sell at purchase day's high or rsi(2) breaks above 70
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Mactheriverrat 3,153 posts msg #96016 - Ignore Mactheriverrat |
9/4/2010 6:18:31 PM
One could also call this the Bulls vs Bears Filter.
Play the Bulls when the Bulls are in charge then switch to Bears when the Bears are in charge.
http://stockcharts.com/h-sc/ui?s=$NYSI&p=D&yr=0&mn=10&dy=0&id=p82873713095
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four 5,087 posts msg #96119 - Ignore four modified |
9/10/2010 1:45:59 AM
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Mactheriverrat 3,153 posts msg #96186 - Ignore Mactheriverrat |
9/11/2010 4:08:30 PM
Date off of 6 which makes it 9-1-10
Top 10 returns
TQQQ up 12.39%
TMV UP 11.10%
UPRO UP 8.46%
BGU UP 8.41%
QLD Up 8.51%
MWJ UP 8.00%
FAS UP 7.55%
ERX UP 7.25%
TBT UP 6.91%
Most of the top 10 start with good volume but then start falling off futher into the semi-rally. Most are getting up to 3/4 of their resistance lines. As there are more players get into safe havens here when the market turns south again.
Add
Draw support(65,10,1)
Draw resistance(65,10)
to see support and resistance lines
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four 5,087 posts msg #96188 - Ignore four |
9/11/2010 8:17:25 PM
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the_trade123 107 posts msg #96199 - Ignore the_trade123 |
9/12/2010 6:59:36 PM
all this seems to suggest that market top is near. so is SPY, right at the top. may be end of this week there will be bearish sentiment back in the market
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wkloss 231 posts msg #96220 - Ignore wkloss |
9/13/2010 11:34:11 AM
four,
This is an interesting indicator. A couple of questions:
After you get a crossover, do you feel it is necessary to wait for 1 or more confirming bars to take a trade and if so, how many?
Would you consider rewriting this filter and dividing it into a long filter and a short filter so it could be backtested?
Bill
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four 5,087 posts msg #96223 - Ignore four modified |
9/13/2010 12:18:04 PM
After you get a crossover, do you feel it is necessary to wait for 1 or more confirming bars to take a trade and if so, how many?
--
I do not wait. The crossover is the entry.
Remember, I am only trying ideas. I have not used these filters with REAL money.
thanks
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Would you consider rewriting this filter and dividing it into a long filter and a short filter so it could be backtested?
--
I don't back test electronically.
Is there anyone who would like to help do the rewrite??
thanks
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wkloss 231 posts msg #96240 - Ignore wkloss |
9/13/2010 6:22:05 PM
four,
Thanks for the clarification on entries.
RE:Is there anyone who would like to help do the rewrite??
I would like to but when it comes to writing filters, I qualify as extra stupid. I can do some things really well but this isn't one of them.
Bill
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Mactheriverrat 3,153 posts msg #96455 - Ignore Mactheriverrat |
9/22/2010 11:10:37 PM
TZA, SBB, FAZ, SKF, RWM, MZZ, MWN, SJH, SDD, SKK, SBB
All had StrochRSI rise from below today
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