sj2k 1 posts msg #147993 - Ignore sj2k |
5/31/2019 6:20:29 PM
Hi ,
I am new to the forum and have a few basic questions.
1. Can I use the stockfetcher for intraday trading alerts ?
2. Can I use it for backtesting my strategy ?
3.Lastly can you please point me to the guide for writing filters.
Thanks
SJ
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four 5,087 posts msg #147995 - Ignore four modified |
5/31/2019 8:14:29 PM
welcome
1. Can I use the stockfetcher for intraday trading alerts ?
Not real-time. Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex.
2. Can I use it for backtesting my strategy ?
Manual effort combined with your filter
3.Lastly can you please point me to the guide for writing filters.
1. https://www3.stockfetcher.com/download/sfuserguide2_0.pdf
2. View any of the posted filters and work through the logic and commands
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drand11 20 posts msg #147998 - Ignore drand11 |
6/1/2019 2:48:59 AM
Stockfetcher only address the 1D chart, not smaller 5M, 15M, 1H charts. So it certainly can show you the overall direction of a stock very well, but only at the 1D level. I use Stockfetcher to fist fine stocks moving in a given direction, and then to may go trade that stock ONLY int he direction of the 1 Day chart. It allows me to take a larger Stop loss and play out the trade to profit. Gives me more confidence that long term, My present losing trade will make me $$$ . Works well.
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drand11 20 posts msg #147999 - Ignore drand11 |
6/1/2019 2:51:23 AM
You can get a relatively cheap membership at Trading View, and use their backtester for testing strategies.
You can go onto Upwork.com; pay a guy just $20-$40 to build you a custom strategy, and then backtest it on the stocks you find on Stockfetcher. It works quite well for me.
then the same programmer can convert the strategy into an EA if you find that it works well for you.
We are all in search of the same thing, that "Perfect Strategy". The perfect Strategy requires a good filter to find the correct stocks to trade with that given strategy.
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