eddyadiel
18 posts
msg #81742
- Ignore eddyadiel |
10/25/2009 10:52:41 PM
Hi all,
I've SF script to screen stocks that have potential strong trend as follows:
/*Trend Rider-Bullish*/
Show stocks where +DI(14) crossed above -DI(14) within last 3 days ago
and +DI(14) is above 30
and ADX(14) crossed above -DI(14)
and 2 day slope of ADX(14) is above 10
and MACD Histogram(12,26) crossed above 0
and MACD Histogram(12,26) has been increasing over 1 day
and Average Volume(90) is above 50000
and close is between 20 and 250
and optionable
And backtested results using period :
08/01/2008 ended on 12/01/2008 (bearish market)
05/01/2009 ended on 09/01/2009 (bullish market)
Approach Information
Approach Name: Call - Trend Rider
Test started on 08/01/2008 ended on 12/01/2008, covering 84 days
Filter used:
Call - Trend Rider (saved filter)
Trade Statistics
There were 38 total stocks entered. Of those, 3 or 7.89% were complete and 35 or 92.11% were open.
Of the 3 completed trades, 3 trades or 100.00%resulted in a net gain.
Your average net change for completed trades was: 20.00%.
The average draw down of your approach was: -3.81%.
The average max profit of your approach was: 25.88%
The Reward/Risk ratio for this approach is: 0.00
Annualized Return on Investment (ROI): 1347.27%, the ROI of ^SPX was: -104.98%.
Approach Information
Approach Name: Call - Trend Rider
Test started on 05/01/2009 ended on 09/01/2009, covering 85 days
Filter used:
Call - Trend Rider (saved filter)
Trade Statistics
There were 27 total stocks entered. Of those, 11 or 40.74% were complete and 16 or 59.26% were open.
Of the 11 completed trades, 11 trades or 100.00%resulted in a net gain.
Your average net change for completed trades was: 20.11%.
The average draw down of your approach was: -8.88%.
The average max profit of your approach was: 21.74%
The Reward/Risk ratio for this approach is: 0.00
Annualized Return on Investment (ROI): 144.96%, the ROI of ^SPX was: 41.72%.
Target: 20%
No Stop Loss
No limit time holding
I come to important point that the DI difference should be also above 20 (if +DI > 30 then -DI should be 10 and so on)....
I've tried to modify as follows (but give errors result)...
/*Trend Rider-Bullish*/
set {DI_Plus,+DI(14)}
set {DI_Minus,-DI(14)}
set {DI_Diff,DI_Plus-DI_Minus}
Show stocks where +DI(14) crossed above -DI(14) within last 3 days ago
and +DI(14) is above 30
and DI_Diff>20
and ADX(14) crossed above -DI(14)
and 2 day slope of ADX(14) is above 10
and MACD Histogram(12,26) crossed above 0
and MACD Histogram(12,26) has been increasing over 1 day
and Average Volume(90) is above 50000
and close is between 20 and 250
and optionable
Could anyone help me to fix this script? Thanks in advance...
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chetron
2,817 posts
msg #81745
- Ignore chetron
modified |
10/25/2009 11:08:13 PM
CLICKABLE...
the real problem....
and as i have said before, spacing is important...
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karennma
8,057 posts
msg #81746
- Ignore karennma |
10/25/2009 11:36:33 PM
did you get any stocks from this filter?
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eddyadiel
18 posts
msg #81750
- Ignore eddyadiel |
10/26/2009 3:44:39 AM
For today (Oct 26) NO.... Pls help me to fix the problem in my modified script as mentioned before at the last paragraph....
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chetron
2,817 posts
msg #81752
- Ignore chetron
modified |
10/26/2009 6:40:58 AM
entering earth's atmosphere .....
the reverse..
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chetron
2,817 posts
msg #81753
- Ignore chetron |
10/26/2009 6:49:02 AM
but why not......
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eddyadiel
18 posts
msg #81764
- Ignore eddyadiel |
10/26/2009 11:55:12 AM
Tx Chetron for your input and script correction....I really appreciated....
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chetron
2,817 posts
msg #81772
- Ignore chetron |
10/26/2009 2:32:05 PM
OR DID YOU MEAN....
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eddyadiel
18 posts
msg #81794
- Ignore eddyadiel |
10/26/2009 9:23:12 PM
@Chetron:
No...this script idea is to find crossing DMI (with strong of +DI above 30) and ADX crossing -DI where ADX should be increasing for the last 2 days....most of this combination will give a strong trend...
Also pay attention of the DI difference....the -DI below 10 will give you a chance to ride the trend any longer...that's why we need DI difference above 20 (e.g. -DI=10, +DI=30)
Do vise versa for short entry...
If you can visualize the DMI formation...it looks like "Snake Head with it's tongue out" which I like to call also this script as "Snake Head Attack"... :)
The more wide open it's mouth the better chance to play it....
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richo
74 posts
msg #82105
- Ignore richo |
10/30/2009 6:12:27 AM
It would be very difficult to have a dmi difference of at least 20 if it crossed in the last 3 days
Rich
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