Niagara 49 posts msg #53131 - Ignore Niagara |
7/15/2007 9:39:38 AM
Bruce, thanks for putting your thoughts into words. I would think that keeping track of uptrending low priced stocks would be as effective as a complicated filter requiring weekly update. The KISS principle works best for me, but I do appreciate TRO's ability to produce code.
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TheRumpledOne 6,411 posts msg #53136 - Ignore TheRumpledOne |
7/15/2007 12:10:06 PM
danglin
TRO,
forgive my ignorance if this was already covered in past posts but could you please explain briefly how you would pick which stocks to trade from the result of this filter? Thanks.
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danglin:
About 2 years ago, someone asked if we could find the "next NTRI". So I wrote this filter to find stocks that exhibited the same behavior NTRI did before it took off.
The filter already picks the stocks, you just have to trade them. That means you determine when to enter/exit the trade.
If the TREND column = 111, then the stock is in an uptrend the last 10, 60 and 200 days. You may want to focus on those.
The VDBL column shows how many days in a row the stock's volume has doubled. You may want to trade stocks that have a 1 in that column.
If you look at the stocks on the list, you'll see some have doubled or more since this filter first selected them. That's the point of this filter.
HTH.
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TheRumpledOne 6,411 posts msg #53137 - Ignore TheRumpledOne |
7/15/2007 12:14:45 PM
bruce9432
TRO, have tried to find out how to see what your methodology is but it eludes me. It seems that nothing is really explained and a lot of time goes into talking about being thrown off other forums. Is there a SQUARE ONE that is available? It seems to me that all of the offered information is a riddle, wrapped in a mystery, inside an enigma. I've logged about 5000 hours on TS, mostly trading the ER2, but I have 401Ks that could have stocks traded in them and when ever I reference material based on your work it always seems circular and there is no beginning or end. I have been a memeber of Kreslik and still cant see the forest for the trees
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Bruce:
Square One?
I have posted more than one method.
If you are a daytrader, I would suggest you study the FADING THE GAP method. You can find the filter posted here on SF.
If you are a swingtrader or investor, I would suggest you study the BLACK BELT TRADING TECHNIQUE that I also posted here on SF.
Each one of those methods explains the entry/exit i.e. beginning/end.
Plenty of traders around the world are using my methods and having success.
There are no riddles, mysteries or enigmas, except in your own mind.
If you have a SPECIFIC question, feel free to ask.
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TheRumpledOne 6,411 posts msg #53138 - Ignore TheRumpledOne modified |
7/15/2007 12:17:13 PM
Niagara
Bruce, thanks for putting your thoughts into words. I would think that keeping track of uptrending low priced stocks would be as effective as a complicated filter requiring weekly update. The KISS principle works best for me, but I do appreciate TRO's ability to produce code.
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Niagara:
This filter is actually uses a very simple selection criteria:
But if you click on the above, the filter report doesn't tell you much. That's the reason for the column displays.
The rest code just produces the columns to display.
The purpose of the weekly update is so once a stock gets selected, it stays on the list.
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Niagara 49 posts msg #53185 - Ignore Niagara |
7/17/2007 1:03:30 AM
BLACK BELT TRADING TECHNIQUE by TRO
Use a 3 month/Daily www.prophet.net (or similiar) chart
1) RSI(2)
If RSI(2) < 1, look for a long entry signal
If RSI(2) > 99, look for a short entry signal
2) DIVERGENCE
If a lower price is making a higher RSI(2) value that is POSITIVE DIVERGENCE...
get ready to load the boat!
If a higher price is making a lower RSI(2) value that is NEGATIVE DIVERGENCE...
get ready to get your shorts on!
3) EMA(13) vs. EMA(26)
If the EMA(13) is ABOVE the EMA(26) then the trend is up, stay long.
If the EMA(13) is BELOW the EMA(26) then the trend is down, stay short.
4) EMA(5)
If the CLOSE closes ABOVE the EMA(5) AND the EMA(5) is rising then it is safe to
enter the trade long.
If the CLOSE closes BELOW the EMA(5) AND the EMA(5) is falling then it is safe to
enter the trade short.
5) LINEAR REGRESSION
If the LINEAR REGRESSION line is RISING then the trend is UP.
If the LINEAR REGRESSION line is FALLING then the trend is DOWN.
If the price touches or breaks through the LOWER LINEAR REGRESSION line AND the
trend is up, go LONG.
If the price touches or breaks through the UPPER LINEAR REGRESSION line AND the
trend is down, go SHORT.
6) BOLLINGER BANDS
If the price is ABOVE the UPPER BOLLINGER BAND and the candle is red, do not enter
long.
If the price is BELOW the LOWER BOLLINGER BAND and the candle is green, do not
enter short.
If there are conflicting signals, do nothing.
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TheRumpledOne 6,411 posts msg #53310 - Ignore TheRumpledOne |
7/21/2007 12:45:07 PM
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TheRumpledOne 6,411 posts msg #53611 - Ignore TheRumpledOne modified |
7/28/2007 3:50:58 PM
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TheRumpledOne 6,411 posts msg #53859 - Ignore TheRumpledOne |
8/5/2007 8:37:59 PM
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TheRumpledOne 6,411 posts msg #53973 - Ignore TheRumpledOne |
8/10/2007 8:05:37 PM
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TheRumpledOne 6,411 posts msg #54180 - Ignore TheRumpledOne |
8/18/2007 11:57:17 AM
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