shelupinin
120 posts
msg #36838
- Ignore shelupinin |
7/11/2005 10:26:46 AM
hi !
Let's help each other, lets share our best filters with other guys here, don't be greedy... here my 2 best filters:
try to backtest if for last year, from 07/07/2004 to 07/07/2005, without stop loss and without profit stop, with 1 day holding period ROI=1056.86%
another filter
it's filter for marginable stocks over 5 USD, so for same period, with 1% stop loss, without profit stop and 1 day holding period ROI=556.27%
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TheRumpledOne
6,411 posts
msg #36843
- Ignore TheRumpledOne |
7/11/2005 4:18:07 PM
I don't think you should call StockHolyGrail's filter your filter!!
As far as I know, HG is the originator of RSI(2).
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shelupinin
120 posts
msg #36846
- Ignore shelupinin |
7/11/2005 5:24:37 PM
yes, therupmedone, you right, I'm not an originator of rsi(2), I just found it on SF forum, but I do like idea of that indicator!!!! Posting this thread I just want to ask other guys to post theyr filters, to share ideas of filters, to see theyr performance
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shelupinin
120 posts
msg #36893
- Ignore shelupinin |
7/13/2005 5:57:43 AM
Hey, guys, don't be greedy, share your best filter with other people on SF forum
try to backtest it for last 1 year, from 07/11/2004 to 07/11/2005, use no stop loss and no profit stop, only 1 day holding period, ROI=1630% !!!
Share your best filter !!!
Alex
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corsino
259 posts
msg #36894
- Ignore corsino |
7/13/2005 10:08:13 AM
shelupinin
We are not being greedy. There are MANY filters posted on SF that, if modified for penny stocks, will give ROI's in the thousands. You'll find that if you raise your price criteria to say 0.50 to 2, it'll result in relatively few stocks and an ROI considerably less. But whether a filter is good or bad depends on whether YOU can actually make money using it.
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TheRumpledOne
6,411 posts
msg #36903
- Ignore TheRumpledOne |
7/13/2005 12:56:57 PM
It's not the filter...
It's not the stock...
It's HOW YOU TRADE IT!
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rdrr2005
11 posts
msg #36906
- Ignore rdrr2005 |
7/13/2005 1:05:58 PM
I use this filter to look for energy and their related stocks. More for a buy and hold time period until you think you made enough
[show stocks where slow stochastic(5) %K is below 25 and slow sochastic(5) %K 1 day ago is below slow stochastic(5) %K 2 days ago and slow stochastic(5) %K is above slow stochastic(5) %K 1 day ago and average volume(10) is above 100000 and price between 1 and 100]
Not sure if this belongs to someone else and I just use it or I have taken it and altered it to suit me.
Historically check these stocks from 6 months ago
XOM SU FRO NAT VLCCF BP MPET CVX EXC ABP
There are more in my watchlist.
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shelupinin
120 posts
msg #36928
- Ignore shelupinin |
7/14/2005 11:42:10 AM
to corsino: you right, but anyway, for me it looks reasonable to share best filter since everybody have own approach and own ideas, so every filter is unique and shows unique approach and idea, so it pretty usefull to see which ideas other guys have... and ROI for last year backtesting is the closest approach to reality, of cource it's not money in your pocket, but ROI for last year backtesting is the closest approach to reality which SF users may have
Alex
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corsino
259 posts
msg #36930
- Ignore corsino |
7/14/2005 1:17:29 PM
Shelupinin
I hope my comments don't discourage you from posting. At the very least, it lets you practice your English ! (I believe you said you live in Russia ?)
This is one of the filters I use to get a list of stocks. As you can see, it's for stocks whose price has dropped. However, I don't blindly buy stocks from the list. I check the news on the stock to find out WHY it dropped. Many times, the drop is due to people over-reacting.
I haven't backtested it recently, but the last time I did, it backtested reasonably well.
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BigOh
23 posts
msg #36937
- Ignore BigOh |
7/14/2005 8:53:46 PM
From a scalping point of view I would say TheRumpledones new "Battle lines". It gives me several different stocks I can play several times a day and play with size, especially if there is news in the stock or sector.
It's also a fairly good tool for determining near term tops and bottoms in the market by using the QQQQ and SPY. Adding the Grid Iron calculator expanded the number of stocks greatly, which allowed me to play my favorites.
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