StockFetcher Forums · General Discussion · How do I improve this<< >>Post Follow-up
2damoon
6 posts
msg #156803
Ignore 2damoon
5/13/2021 8:56:06 PM

show stocks where count(close is below open,5) equals 5

set{btop,max(open,close)}
set{bbot,min(open,close)}
high minus btop is below 0.01
and bbot is above day position(0.65,1)

RSI(10) is below 30

push5280
201 posts
msg #156807
Ignore push5280
5/14/2021 8:27:02 PM

What is it that you're trying to find?

2damoon
6 posts
msg #156818
Ignore 2damoon
5/16/2021 1:22:10 AM

My goal is to combine indicators and look for a ideal time to buy into a downturn. Essentially, 5 days where close is lower than open, hammer candle stick, and rsi(10) showing oversold... so far it doesn’t work as well as I thought it would

xarlor
581 posts
msg #156819
Ignore xarlor
5/16/2021 8:18:47 AM

My suggestion: don't trade the hammer, trade the confirmation after the hammer. Also, update stop loss each day at the close to 6 cents below the day's low.

Fetcher[
show stocks where count(close 1 day ago is below close 2 days ago,5) equals 5

set{btop,max(open,close)}
set{bbot,min(open,close)}
set{var1,high 1 day ago minus btop 1 day ago}
var1 below 0.01
bbot 1 day ago is above day position(0.65,1) 1 day ago

close > open
close > open 1 day ago

close > wma(150) for last 20 days
close > 1

do not draw var1
do not draw bbot
do not draw day position(0.65,1)
]




miketranz
961 posts
msg #156821
Ignore miketranz
5/16/2021 6:48:43 PM

Fetcher[ set{body_bottom,min(open,close)}
set{body_top,max(open,close)}
set{lshadowsize, body_bottom - low}
set{tshadowsize, high - body_top}
set{body_size, body_top - body_bottom}
set{body_size2, body_size * 2}
show stocks where tshadowsize is less than 0.5
and lshadowsize > body_size2

close between 5 and 150

volume above 2000000


count(close < ema(8),5) equals 5
]



StockFetcher Forums · General Discussion · How do I improve this<< >>Post Follow-up

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