StockFetcher Forums · Filter Exchange · THEE ABSOLUTE ((( BOTTOM ))) FILTER!<< 1 ... 4 5 6 7 8 ... 18 >>Post Follow-up
drew9
171 posts
msg #65861
- Ignore drew9		 8/5/2008 9:11:23 PM

Riggs, I have been playing with this for the past few days. I wanted to give credit for a very nice job. I don't want to get into an argument about which indicator is better but I feel the two combined is really powerful! Your quote of "when Billy rises on a down day, and RSI falls...you're looking at a strong candidate for an entry," is very true. These do make very good candidates. Thanks for sharing!
WALLSTREETGENIUS
983 posts
msg #65870
- Ignore WALLSTREETGENIUS		 8/6/2008 8:28:23 AM

Thanks Drew, but you have my quote backwards. I didn't say a "down day." I said an "up day." Now the stock itself, I like when it's on a "down day,"Not that it doesn't work on a market "down day", I just don't recommend an entry ever on a negative day. But you're right, this set-up that I found truely is sheer brilliance IMO, and coupled with the fact that NO ONE can dispute it, says it all....

Thanks again,



RIGGS
guru_trader
485 posts
msg #65929
- Ignore guru_trader		 8/7/2008 6:53:23 AM

about backtesting filters ...

When I first started using SF, I backtested every filter in every thread. The more time I've spent learning about the markets from TRO, Riggs and other SF contributors, the less time I've spent using the SF backtester. Now, I almost exclusively interpret data from the columns and rarely use the backtester. You really need to understand what you are trying to do in order to get the most out of any system backtester.
BuylateSellearly
29 posts
msg #65984
- Ignore BuylateSellearly		 8/8/2008 9:26:22 PM

WSG....

We're not worthy, we're not worthy, Oh great one!

Hope the woman/women you run with has as nice a bottom as this filter...

Question... since the display only shows 20 columns and your filter sorts on column 29 what are you sorting on?



WALLSTREETGENIUS
983 posts
msg #65986
- Ignore WALLSTREETGENIUS
modified		 8/8/2008 10:01:02 PM

BuyLate -

It's because I had it offset at "0". I had "column 29" saved for the performance column (since %) at the hard rt edge of the dashboard. Sorry about that, and I'm glad you're enjoying the filters. Isn't in amazing?...you get in on the very day you need to at the BOTTOM! It's taken me 4 years to accomplish this...

Fetcher[

/* ((( THEMIGHTYRIGGS ABSOLUTE BOTTOM FILTER ))) */

Draw COG(5,3)
Weekly Williams %R(2) is above Weekly Williams %R(2) 1-day ago
Weekly Williams %R(2) is below Weekly williams %R(2) 2-day ago
Weekly RSI(2) is below Weekly RSI(2) 1-day ago
Do not draw Weekly RSI(2)
OFFSET 3

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 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 -75

volume is above 100000
sort column 29 descending
chart-time 45-days
close is above 10

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]





Fetcher[

/ * ((( THEMIGHTYRIGGS WILLIAMS / RSI DIVERGENCE ))) * /

WILLIAMS %R(2) IS INCREASING LAST 1-DAYS
RSI(2) IS DECREASING LAST 1-DAYS
OFFSET 3

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)

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 COG(5,3)
Draw Weekly RSI(2) line at 99
Draw Weekly RSI(2) line at 0
Draw adval line at 75 on plot wrval
Draw FI(2) line at 0
Draw Bearpower on plot Bullpower
Draw Bullpower line at 0
Draw MACD(4,8)
Draw Williams %R(20) line at -75

volume is above 50000
sort column 33 descending
chart-time 45-days
close is above 10

set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolZ, days(volume < 1,100)}
set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VolCnt, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

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)}

set{ rsiupweek, count( Weekly RSI(2) is above Weekly RSI(2) 1 week ago, 1) }

set{ fiupday, count( FI(2) close above open, 1) }

ADD COLUMN SEPARATOR
add column industry
ADD COLUMN SEPARATOR
add column adval
add column adval 1-day ago(1dayago)
ADD COLUMN SEPARATOR
add column WRSXWRS
add column WWLXWWL
add column RSI(2)
add column Williams %R(2)
ADD COLUMN SEPARATOR
add column RSXRS
add column WLXWL
ADD COLUMN SEPARATOR
add column fiupday
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
and add column Vdbl
and add column volpct
ADD COLUMN SEPARATOR]






- WALLSTREETGENIUS -




BuylateSellearly
29 posts
msg #66018
- Ignore BuylateSellearly		 8/10/2008 5:58:42 PM

WSG,

Still not understanding the sort default when running filter on the current day (offset 0).
For Friday I have CSC, RDC, OMGI, CRVL, CHEUY, ACH
Why are these coming up as the top six?

thnx
WALLSTREETGENIUS
983 posts
msg #66023
- Ignore WALLSTREETGENIUS		 8/10/2008 8:57:32 PM

BuyLate,

You're not getting it man. If it's offset to see the performance (since%), then if you take it away, there's all of a sudden no "offset 29". Do you understand? There are plenty of collumns for you to offset it with. You can use the financials by offsetting "ROE." This assures you the best of the bunch IMO. You can do it by "PE" for obvious reasons. You can offset it for institutional interest, by having "adval" at it highest levels...i.e "100". You can offset it at "15 descending" (rsxrs). This will give you the stocks that have fallen the farthest, and have caught the "bottom." So you've got some different angles here that can give you a different perspective on the filter. Let me know what you think now...



RIGGS
killerdude
32 posts
msg #67190
- Ignore killerdude		 9/11/2008 9:27:48 PM

Hi RIGGS

thanks again..for a great filter!!

what statement would you include to those stock that show up for the first time??

thanks in advance

DOOD
mystiq
650 posts
msg #67247
- Ignore mystiq		 9/13/2008 3:42:45 AM

help--the filters work but when i debug them , they show "Unable to process due to set{} errors, Variable: 'wlb' defines itself." why?
mystiq
650 posts
msg #67248
- Ignore mystiq		 9/13/2008 4:17:03 AM

chetron-

can you debug riggs williams/rsi divergence filter like u did with the abs bottom filter?
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