FuriousThug 256 posts msg #65620 - Ignore FuriousThug |
7/30/2008 11:22:29 PM
An example of what I mean from the short filter:
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WALLSTREETGENIUS 983 posts msg #65622 - Ignore WALLSTREETGENIUS |
7/31/2008 12:18:13 AM
Thug -
Think of "COG" as a 5,3 stochastics. So yes, you want it pointing up. The reason I made it a "5,3", is to get the stochastics characteristic, but needed a sharper and quicker turning point in "COG." As you well know, a 5-day EMA will almost always keep you in the trend, and it wont let price get away.
For "shorting", I would add...[ COG(5,3) decreased 1-day ago ] along with the [ Weekly RSI(2) is below Weekly RSI(2) 1-day ago ] Also, don't overlook the power in "adval!" when it's starting to crooss below 75, or it's already well below 25, these are outstanding examples of stocks that will start to roll-over with the up above criteria.
- RIGGS -
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WALLSTREETGENIUS 983 posts msg #65623 - Ignore WALLSTREETGENIUS modified |
7/31/2008 12:40:07 AM
This is what "I" use for "shorting" now, but only when I see that the market is about to fall.
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((( THEMIGHTYRIGGS BOLLINGER-SHORT FILTER )))
- WALLSTREETGENIUS -
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elis58 11 posts msg #65625 - Ignore elis58 |
7/31/2008 5:58:43 AM
i have tradstation but didn't find there this indicator COG AND IF
where can i find them ?
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WALLSTREETGENIUS 983 posts msg #65627 - Ignore WALLSTREETGENIUS modified |
7/31/2008 8:20:00 AM
i have tradstation but didn't find there this indicator COG AND IF
where can i find them ?
______________________
I used to use it at E-SIGNAL, but there are a few EOD trading software companies that offer it as well...
WEALTHLAB
SMARTRADER
NEOTICKER
NEUROSHELL TRADER
TECHNIFILTER PLUS
RIGGS
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FuriousThug 256 posts msg #65647 - Ignore FuriousThug modified |
7/31/2008 6:26:00 PM
I wish all charts were this clear...my money's on a revisit to the 50dma. The question, though, is, while there are lots of clues here (e.g., capitulation selloff on 7/24; positive divergence on every indicator between 7/18 and 7/25; weekly RSI(2) turning up on the 28th), what does the COG(5) ticking down today tell us? That it's just another throwback? That it's entering consolidation phase?
Also, look at June 23. Directionally, everything is lined up for a big move. But positionally, RSI and WR are at/near the 25 mark...which, normally, might not be an ideal entry - the trappings of a late-stage base in its last runup? I guess the lesson is, no matter what the setup, always look at industry and volume...because I think only those would have been trumps (or support, depending on your perspective) to taking that trade.
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FuriousThug 256 posts msg #65648 - Ignore FuriousThug modified |
7/31/2008 6:30:18 PM
And for some reason ATW is not showing up on the clickable filter...
EDIT: oops...date offset has been removed now
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chetron 2,817 posts msg #65655 - Ignore chetron |
7/31/2008 7:31:05 PM
debugged version....
same-o, same-o
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WALLSTREETGENIUS 983 posts msg #65945 - Ignore WALLSTREETGENIUS modified |
8/7/2008 11:28:47 AM
One way to decipher which stocks to choose from is by looking for the biggest differencial between weekly RSI(2) week to week on the "dashboard of this filter. Here's some examples for the offset date of 8/4/08 :...
AMD, GLBC, SIX-B, FUN, NSM, ABV, CI, SAPE, DAKT, ect...
Notice they all have at least a +10 spead between the current week to last week? Now look at the performance return at the hard right edge. Truely amazing isn't it! Obviously the bigger jump from (weekly) week-2-week can be the big difference maker.
((( THEMIGHTYSQUEEZE FILTER )))
- WALLSTREETGENIUS -
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deltason5 2 posts msg #65998 - Ignore deltason5 |
8/10/2008 12:10:37 AM
Hi Riggs. Thank you! Awesome.
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