StockFetcher Forums · General Discussion · Deeply oversold mean-reverting setup for day trading<< >>Post Follow-up
ZeroSum
33 posts
msg #112672
Ignore ZeroSum
4/5/2013 2:51:47 PM

Does anyone use a deeply oversold mean-reverting setup for day trading?

Eman93
4,750 posts
msg #112687
Ignore Eman93
4/7/2013 10:15:04 PM

This is a pretty good one by WSG not the original I think I tweaked it. prob the chalkens volatility part, he was a big rsi2 guy.. that was really his thing rsi 2 and linear regression.

/* (WallStreetGenius PRO CUSTOM) */


volume > 500000

draw MA(20)
draw ma(50)
draw ma(100)
draw ma(200)
draw ma(250)

Show stocks where low is near the bottom linear regression line(60)
And rsi(2) is < 30
And average volume(30) is above 50000
And 60-day slope of close is above 0
And close is between 1 and 250
And Chaikins Volatility(10,10) has been decreasing for 1 day

add column RSI(10)
add column Fast Stochastics(14,10)
add column Williams %R(10)
add column Chaikins Volatility(10,10)
sort column 7 descending
add column ind


four
5,087 posts
msg #112689
Ignore four
modified
4/7/2013 11:19:45 PM

Clickable

Fetcher[
/* (WallStreetGenius PRO CUSTOM) */


volume > 500000

draw MA(20)
draw ma(50)
draw ma(100)
draw ma(200)
draw ma(250)

Show stocks where low is near the bottom linear regression line(60)
And rsi(2) is < 30
And average volume(30) is above 50000
And 60-day slope of close is above 0
And close is between 1 and 250
And Chaikins Volatility(10,10) has been decreasing for 1 day

add column RSI(10)
add column Fast Stochastics(14,10)
add column Williams %R(10)
add column Chaikins Volatility(10,10)
sort column 7 descending
add column ind
]



katil9654
33 posts
msg #123484
Ignore katil9654
4/5/2015 8:43:52 PM

I like this setup but is there anyway we can tweak around to get more stocks ?
I am not getiing too many stocks in price range 40 to 70.
Thanks.

StockFetcher Forums · General Discussion · Deeply oversold mean-reverting setup for day trading<< >>Post Follow-up

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