StockFetcher Forums · Filter Exchange · The obvious is often unseen.<< >>Post Follow-up
TheRumpledOne
6,411 posts
msg #48331
- Ignore TheRumpledOne
modified		 12/3/2006 11:50:53 AM

Fetcher[
/* Stocks that ripen during the week filter - go long */

SET{maxlong, high 1 WEEK high - WEEKLY OPEN }
SET{maxshort, WEEKLY OPEN - low 1 week low }

set{wkchg, weekly close - weekly open}
set{wkchgx, wkchg / weekly open}
set{wkchgpct, wkchgx * 100}

and add column separator

add column maxlong
add column maxshort

add column weekly open { wk_open}
add column high 1 week high { wk_high }
add column low 1 week low { wk_low }

and add column separator
add column wkchg
add column wkchgpct


and add column separator
and add column relative strength(^IXIC,05) {crs05}
and add column relative strength(^IXIC,22) {crs22}
and add column relative strength(^IXIC,60) {crs60}
and add column relative strength(^IXIC,200) {crs200}
and add column separator


WEEKLY OPEN above WEEKLY CLOSE 1 WEEK AGO
close above 20
volume above 10000000
market is nasdaq

]



Fetcher[
/* Stocks that ripen during the week filter - go short */

SET{maxlong, high 1 WEEK high - WEEKLY OPEN }
SET{maxshort, WEEKLY OPEN - low 1 week low }

set{wkchg, weekly close - weekly open}
set{wkchgx, wkchg / weekly open}
set{wkchgpct, wkchgx * 100}

and add column separator

add column maxlong
add column maxshort

add column weekly open { wk_open}
add column high 1 week high { wk_high }
add column low 1 week low { wk_low }

and add column separator
add column wkchg
add column wkchgpct

and add column separator
and add column relative strength(^IXIC,05) {crs05}
and add column relative strength(^IXIC,22) {crs22}
and add column relative strength(^IXIC,60) {crs60}
and add column relative strength(^IXIC,200) {crs200}
and add column separator


WEEKLY OPEN below WEEKLY CLOSE 1 WEEK AGO
close above 20
volume above 10000000
market is nasdaq
]
TheRumpledOne
6,411 posts
msg #48362
- Ignore TheRumpledOne		 12/3/2006 11:50:58 AM


I thought that if WAIT FOR GREEN works on a daily basis then it just might work on a weekly basis, too. Since this filter finds heavily traded NASDAQ stocks, going long when the market (QQQQ) is green and short when the market is red just seems to make sense (cents).

Last week, QQQQ failed to hold green. The previous week's close was $44.65 and the open this week was $44.52 with a high of $44.61 on Monday. Going short these stocks would have been very profitable.

If you sort on the weekly % change column , wkchgpct, notice the correlation between the drop and the comparative relative strength... weaker the strength the bigger the % drop ( usually ). Looks like an "edge" to me.

Note: there was NEGATIVE DIVERGENCE between price and weekly rsi(2).

MAY ALL YOUR FILLS BE COMPLETE.





TheRumpledOne
6,411 posts
msg #48330
- Ignore TheRumpledOne
modified		 12/3/2006 11:52:23 AM

Fetcher[
/* Stocks that ripen during the week filter */

SET{maxlong, high 1 WEEK high - WEEKLY OPEN }
SET{maxshort, WEEKLY OPEN - low 1 week low }

set{wkchg, weekly close - weekly open}
set{wkchgx, wkchg / weekly open}
set{wkchgpct, wkchgx * 100}

and add column separator

add column maxlong
add column maxshort

add column weekly open { wk_open}
add column high 1 week high { wk_high }
add column low 1 week low { wk_low }

and add column separator
add column wkchg
add column wkchgpct

and add column separator
and add column relative strength(^IXIC,05) {crs05}
and add column relative strength(^IXIC,22) {crs22}
and add column relative strength(^IXIC,60) {crs60}
and add column relative strength(^IXIC,200) {crs200}
and add column separator


close above 20
volume above 10000000
market is nasdaq

]



Go long and/or short on Monday and sometime during the week, "pluck" the profits when they are "ripe".

Why lose?

MAY ALL YOUR FILLS BE COMPLETE.





TheRumpledOne
6,411 posts
msg #48367
- Ignore TheRumpledOne		 12/3/2006 12:54:28 PM

Fetcher[
SET{maxlong, WEEKLY HIGH - WEEKLY OPEN }
SET{maxshort, WEEKLY OPEN - WEEKLY LOW }

set{ wklgavg, CMA(maxlong, 4) }
set{ wkshavg, CMA(maxshort, 4) }

and add column separator
add column maxlong
add column maxshort
add column weekly open { wk_open}
add column high 1 week high { wk_high }
add column low 1 week low { wk_low }

and add column separator
add column maxlong 1 week ago
add column maxshort 1 week ago
and add column separator
add column maxlong 2 weeks ago
add column maxshort 2 weeks ago
and add column separator
add column maxlong 3 weeks ago
add column maxshort 3 weeks ago
and add column separator

close above 20
volume above 10000000
market is nasdaq

]



Looks like a winner!
TheRumpledOne
6,411 posts
msg #48368
- Ignore TheRumpledOne
modified		 12/3/2006 1:00:28 PM

Fetcher[
SET{maxlong, WEEKLY HIGH - WEEKLY OPEN }
SET{maxshort, WEEKLY OPEN - WEEKLY LOW }

set{ wklgavg, CMA(maxlong, 4) }
set{ wkshavg, CMA(maxshort, 4) }

and add column separator
add column maxlong
add column maxshort

and add column separator
and add column cma(maxlong, 5) {avg5lg}
and add column cma(maxshort, 5) {avg5sh}
and add column cma(maxlong, 10) {avg10lg}
and add column cma(maxshort, 10) {avg10sh}
and add column cma(maxlong, 26) {avg26lg}
and add column cma(maxshort, 26) {avg26sh}
and add column separator

close above 20
volume above 10000000
market is nasdaq

]



On average, it looks like a winner, too!




TheRumpledOne
6,411 posts
msg #48369
- Ignore TheRumpledOne
modified		 12/3/2006 7:57:45 PM

Fetcher[
SET{maxlong, WEEKLY HIGH - WEEKLY OPEN }
SET{maxshort, WEEKLY OPEN - WEEKLY LOW }

set{ wklgavg, CMA(maxlong, 4) }
set{ wkshavg, CMA(maxshort, 4) }

and add column separator
add column maxlong
add column maxshort

and add column separator
and add column cma(maxlong, 20) {avg20lg}
and add column cma(maxshort, 20) {avg20sh}
and add column cma(maxlong, 40) {avg40lg}
and add column cma(maxshort, 40) {avg40sh}
and add column cma(maxlong, 125) {avg125lg}
and add column cma(maxshort, 125) {avg125sh}
and add column separator

cma(maxlong, 20) > 1.99
cma(maxshort, 20) > 1.99

average volume(90) > 1000000

market is nasdaq

do not draw maxlong
do not draw maxshort
do not draw cma(maxlong, 20)
do not draw cma(maxshort, 20)

]



Now we select the largest ranges, strongest and most volatile stocks.

These range $2.00 or more. You should be able to take 10% or more of that range in profit.

MERRY XMAS.




deejal
45 posts
msg #48433
- Ignore deejal		 12/7/2006 1:12:52 AM

There are six filters listed... do they differ?
TheRumpledOne
6,411 posts
msg #48444
- Ignore TheRumpledOne		 12/7/2006 1:35:03 PM

Just slightly different versions of the same idea.




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