StockFetcher Forums · Filter Exchange · THEE ABSOLUTE ((( BOTTOM ))) FILTER!<< 1 ... 14 15 16 17 18 >>Post Follow-up
pthomas215
1,251 posts
msg #131476
Ignore pthomas215
9/24/2016 2:32:47 PM

risjr, days range helps limit the number of stocks, however I think it limits performance too. I just sort by perf score and go 1 day back and take one from the top row. it's a pretty good strategy. also I noticed that the more expensive the stock the bigger the bump. just something I noticed on backtesting.

risjr
229 posts
msg #131477
Ignore risjr
9/24/2016 2:57:38 PM

Sounding interesting. Do you use adval above a certain # ?.. Please provide additional details..

Thanks in advance!

mahkoh
1,065 posts
msg #131482
Ignore mahkoh
9/24/2016 4:13:40 PM

Wonder why the results are set to sort on historical performance descending?

pthomas215
1,251 posts
msg #131485
Ignore pthomas215
9/24/2016 6:53:55 PM

risjr, I dont use adval really. I just didnt see a correlation...meaning i didnt see that the higher the adval the quicker you are to a bump.what I am suggesting is momentum trading. hard to stop a train. if you take the higher perf scores from the previous day, many times you get the additional bump the next day. (i.e. instead of trading the lowest williams and the lowest RSI and hoping to get the bounce back, you are trading those that showed a small/decent spike already). Just make sure you look at fundamentals too..i.e. if it's oil/energy and oil is down that day, consider waiting for it to bottom out.

shillllihs
6,044 posts
msg #131486
Ignore shillllihs
modified
9/24/2016 7:39:41 PM

My take on this filter,


SHORTY
A short ETF precedes every spike, be it Tvix tza dust etc. but not every setup is a winner.
These could work well with options. If someone wants to try to optimize further, feel free.


Fetcher[
Weekly Williams %R(2) is above Weekly Williams %R(2)
1-day ago and Weekly Williams %R(2) is below Weekly %R(2) 2-day
ago and Weekly RSI(2) is below Weekly RSI(2) 1-day ago

Draw Bollinger bands(50,.20)
Draw Bollinger Bands(10,.10)
Draw 3-day slope of Bollinger bands(50,.20)
Draw parabolic Sar
Draw Linear Regression Indicator(20)
Draw Bollinger bands(10)

Draw COG(5,3)
Draw Weekly RSI(2) line at 99
Draw Weekly RSI(2) line at 0
Draw FI(2) line at 0

NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

NORMALIZE RSI(2) */

set{RSval, INDPOSITION(RSI(2), 60) * 100}

NORMALIZE williams %r(2) */

set{wrval, INDPOSITION(williams %r(2), 60) * 100 }


DRAW THE MR CCIWLR CHART

and draw adval on plot wrval
and draw rsval on plot wrval

Draw Bearpower on plot Bullpower
Draw Bullpower line at 0
Draw MACD(4,8)
Draw VMACDD line at 0
Draw Williams %R(20) line at 0
Draw Williams %R(20) line at -75

volume is above 10000000
sort column 29 descending
chart-time 45-days
etf

set{WRSb,days(weekly RSI(2) is above weekly RSI(2) 1 day ago,100)}
set{WRSa,days(weekly RSI(2) is below weekly RSI(2) 1 day ago,100)}
set{WRSxWRS, WRSa - WRSb}
set{WWLb,days(weekly williams %R(2) is above weekly Williams %R(2) 1 day ago,100)}
set{WWLa,days(weekly Williams %R(2) is below weekly Williams %R(2) 1 day ago,100)}
set{WWLxWWL, WWLa - WWLb}

Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}
set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}
set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}

set{RSb,days(RSI(2) is above RSI(2) 1 day ago,100)}
set{RSa,days(RSI(2) is below RSI(2) 1 day ago,100)}
set{RSxRS, RSa - RSb}
set{WLb,days(Williams %R(2) is above Williams %R(2)
1 day ago,100)}
set{WLa,days(Williams %R(2) is below Williams %R(2)
1 day ago,100)}
set{WLxWL, WLa - WLb}

SET{VMACDD,MACD(4,8) histogram}
set{mhis,indposition(macd(4,8) histogram,60)}
set{mhist,macd(4,8) histogram}
set{mhisb,days(mhist is above 0, 100)}
set{mhisa,days(mhist is below 0, 100)}
set{hstxhst, mhisa - mhisb}
set{var1,count(macd(4,8) histogram 1 day ago < macd histogram(4,8),1)}
set{mhisp,days(var1 < .5,100)}
set{var11,count(macd(4,8) histogram 1 day ago > macd histogram(4,8),1)}
set{mhisn,days(var11 < .5,100)}

ADD COLUMN SEPARATOR
add column industry
ADD COLUMN SEPARATOR
add column adval
ADD COLUMN SEPARATOR
add column WRSXWRS
add column WWLXWWL
add column weekly RSI(2)
add column weekly Williams %R(2)
ADD COLUMN SEPARATOR
add column RSXRS
add column WLXWL
ADD COLUMN SEPARATOR
add column BLxBL
add column BRxBR
ADD COLUMN SEPARATOR
add column mhisp
add column mhisn
add column hstxhst
ADD COLUMN SEPARATOR
add column PE
add column EPS
add column ROE
ADD COLUMN SEPARATOR
]




pthomas215
1,251 posts
msg #131487
Ignore pthomas215
9/24/2016 8:08:33 PM

shillis, thanks... I never really noticed that about the etf short.

shillllihs
6,044 posts
msg #131488
Ignore shillllihs
modified
9/24/2016 8:47:16 PM

Actually it was really quite astounding till I ran into a couple misconnects.
I was ready to shout it from the rooftops. But even so, it looks like there is at least
1 day spike 90% of the time. Caught the big run ups of 14 and 15. Caught the bump
2 weeks back. It's good but would like to eliminate the miscues.

Maybe this could be a good precursor to place a hedge with 3 weeks to a month
Tvix calls.

risjr
229 posts
msg #148763
Ignore risjr
8/2/2019 11:41:16 AM

Greetings

Does anyone have any idea how to trade this filter?

shillllihs
6,044 posts
msg #148764
Ignore shillllihs
8/2/2019 11:58:29 AM

Probably wait for parabolic to go green.

KSK8
561 posts
msg #148765
Ignore KSK8
8/2/2019 12:56:13 PM

risjr,

That filter doesn't work anymore, and this thread itself is outdated, markets change.

StockFetcher Forums · Filter Exchange · THEE ABSOLUTE ((( BOTTOM ))) FILTER!<< 1 ... 14 15 16 17 18 >>Post Follow-up

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