michlala
6 posts
msg #46390
- Ignore michlala |
8/15/2006 3:07:53 PM
i am new here and didnt find the answer in the manual. i want to have a filter that will give me all the stocks that the open is 5% (or more) down from the previous close.
thanks
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MikeB60046
43 posts
msg #46406
- Ignore MikeB60046 |
8/15/2006 11:10:29 PM
open is 5% below close 1 day ago
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maxreturn
745 posts
msg #46425
- Ignore maxreturn |
8/16/2006 12:08:52 PM
This will pick up all stocks where the open is at least 5% below the close of yesterday:
Regards
Max
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traderblues
195 posts
msg #46427
- Ignore traderblues |
8/16/2006 12:46:22 PM
I am reading between the lines of michlala's question, and I think there may be some confusion. Stockfetcher only uses end of day data, so if you wanted to trade today, and use stocks where today's open is at least 5% below yesterday's close, you can't do it here. You would have to wait until 5:00 p.m. est today to get today's gap-downs, and trade them tomorrow morning.
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michlala
6 posts
msg #46440
- Ignore michlala |
8/17/2006 1:53:10 AM
thanks for the advice.
traderblues was right about my intention. however- can i backtest such a filter? i mean : when today's open is 5% below yesterday's close - i will buy at close TODAY.
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contrahawk
68 posts
msg #46441
- Ignore contrahawk |
8/17/2006 2:36:08 AM
Sure you can backtest it. . .what you can't do is use it to select prospects for today's trading.
Jim
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