robrip04
3 posts
msg #61996
- Ignore robrip04 |
4/30/2008 5:31:38 PM
Hi Everyone
I am looking for a filter that will show stocks that have been trading below their bottom linear regression line(100) and have crossed above it today.
Have tried the following filter, but it did not produce any stocks. Even after backtesting it for a 30 day period.
Price below bottom linear regression line(100) for the last 2 days
Price crossed above bottom linear regression line(100)
Any help would be much appreciated.
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chetron
2,817 posts
msg #62002
- Ignore chetron
modified |
4/30/2008 7:46:59 PM
i believe price can't be below last 2 days, which includes today, and cross above at stockfetcherlandia
and try this THREAD
good luck
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robrip04
3 posts
msg #62024
- Ignore robrip04 |
5/1/2008 5:25:39 PM
Chetron
Thanks for your filter. Unfortunately, it did not produce the results I was looking for. I do appreciate your efforts though. My guess is that this is an impossible filter to build due to the channel lines changing on a daily basis. Here is a bottom fishing filter that I've had success with in the past. It is a modified version of Muddy's Bottom Fishing filter. God Bless Muddy and TRO.
Williams %R(14) is below -80
Slow Stochastic(14) Fast %K is below 20
CCI(20) is below -100
RSI(2) is below 5
Low is more than 2% below the bottom linear regression line(100)
If you try it, let me know what you think.
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