StockFetcher Forums · Filter Exchange · ANGLE BETWEEN INDICATORS<< 1 2 3 4 >>Post Follow-up
Cheese
1,374 posts
msg #154307
- Ignore Cheese		 10/13/2020 8:50:37 AM

Graf,
Thanks for the "shares to buy" idea.

Snappy,
Thanks for the ANGLE DMA filter.
Cheese
1,374 posts
msg #154329
- Ignore Cheese		 10/14/2020 3:58:46 PM

graftonian 10/14/2020 2:22:54 PM
my feeble attempt to code for Weekly Reversal Candidates. No sorting yet, however will try to add my recent "Momentum Angle BS"
https://www.stockfetcher.com/forums/Filter-Exchange/Weekly-Reversal-Strategy/154166/10
===============================================================================

Graf,

I don't think your works on ANGLE are BS
I think of many indicators as a sort of first derivatives of prices, namely SPEED
and your ANGLE as derivatives of the underlying indicators or a sort of second derivatives of prices,
namely ACCELERATION

A weakness in some of the filters posted so far is that they do not draw the underlying indicators,
and ruthlessly purse anything that does not offer an edge.

What we are doing in this forum is essentially akin to mining.
Some traders and trading websites outside of this forum noted that the principle of mining for trading
and investing is no different from physical mining. For every tonne of dirt, we are lucky if we get a
nugget, if we are in a good mine.

Thanks again for starting this ANGLE work.
dangreene
229 posts
msg #154341
- Ignore dangreene
modified		 10/15/2020 9:14:11 PM

.

VirginTrader
73 posts
msg #154342
- Ignore VirginTrader		 10/15/2020 11:11:48 PM

thanks dangreene; nice code! I haven't come across TSI yet.
dangreene
229 posts
msg #154356
- Ignore dangreene		 10/17/2020 12:23:11 PM

It's a pity that this thread died after only 7 days.

So sad that no one can see the value in the basic premise.

It seems to me that the angle between indicators is an indication of strength (especially if given the right indicator.)


VirginTrader
73 posts
msg #154357
- Ignore VirginTrader		 10/17/2020 1:34:34 PM

...may not be dead yet; probably being fiddled around.

i was curious about the optimal angles/ values of the angles crossing but I:
- don't have any back testing experience or the tools and
- am not a good enough coder yet to understand the nuances

I wonder about..
set{MomentumAngle, CrossingAngle + angledegind1}

if...a steeper divergence btw ang1 and ang2 would show any diff?
snappyfrog
731 posts
msg #154359
- Ignore snappyfrog		 10/17/2020 8:13:32 PM

Fetcher[
/* ORIGINAL CODE by GRAFTONIAN */
/* https://www.stockfetcher.com/forums/Filter-Exchange/ANGLE-BETWEEN-INDICATORS/154229 */

/* Adding set statements for Daily and Weekly MACD */
/* I don't have advanced subscription, so maybe someone that does can let me know if it worked ok */

set{wk1,cema(close,60)}
set{wk2,cema(close,130)}
set{Weekly_MACD,wk1 - wk2}

set{dy1,cema(close,12)}
set{dy2,cema(close,26)}
set{Daily_MACD,dy1 - dy2}

set{Weekly_and_Daily_MACD,Weekly_MACD + Daily_MACD}

/*ANGLE BETWEEN INDICATORS 10/7/2020*/
NOT OTCBB
/*CLOSE BETWEEN 1 AND 10 */ /* COMMENTED OUT */


AVERAGE VOLUME(10) > 1000000

/*angle of MA slopes, or your choice of indicator 1 and 2*/
set{indicator1, Weekly_and_Daily_MACD}/*set here*/
set{indicator2, Weekly_MACD}/*and here*/
draw indicator1 on plot price
draw indicator2 on plot price
set{slopeind1, 2 day slope of indicator1}
set{slopeind2, 2 day slope of indicator2}
set{radiansind1, slopeind1}
set{radiansind2, slopeind2}
set{atanind1, atan(radiansind1)}
set{atanind2, atan(radiansind2)}
set{hcircle, 180 / 3.14159}
set{angledegind1, atanind1 * hcircle}
set{angledegind2, atanind2 * hcircle}
add column angledegind1
add column angledegind2
set{CrossingAngle, angledegind1 - angledegind2}
add column CrossingAngle
/*add the crossing angle and angledeg10ma*/
set{MomentumAngle, CrossingAngle + angledegind1}
add column MomentumAngle

/*filter and sort*/
/*indicator1 crossed above indicator2 */ /* COMMENTED OUT */
sort on column 8 descending

/*bells and whistles*/
set{xxx, close}
draw price line at xxx


DRAW angledegind1 LINE AT 20 /* angledegind1 for maturing tech stocks likely not above 20 ? */
DRAW angledegind1 LINE AT -20
]
nibor100
1,046 posts
msg #154361
- Ignore nibor100		 10/18/2020 1:39:00 PM

@ snappyfrog,

I got 1502 results.

Ed S.
snappyfrog
731 posts
msg #154363
- Ignore snappyfrog		 10/18/2020 7:50:49 PM

Thank you nibor100
nibor100
1,046 posts
msg #154388
- Ignore nibor100		 10/20/2020 12:39:15 PM

@snappyfrog,

I made some mods to your Graftonian based Angle filter for Weekly/Daily Macds and pasted it below.
Let me know if you can run it on your SF basic subscription.
Thanks,
Ed S.

Fetcher[
/* ORIGINAL CODE by GRAFTONIAN */
/* https://www.stockfetcher.com/forums/Filter-Exchange/ANGLE-BETWEEN-INDICATORS/154229 */

/* Adding set statements for Daily and Weekly MACD */
/* I don't have advanced subscription, so maybe someone that does can let me know if it worked ok */

set{wk1,cema(close,60)}
set{wk2,cema(close,130)}
set{Weekly_MACD,wk1 - wk2}

/*set{dy1,cema(close,12)}
set{dy2,cema(close,26)}
set{Daily_MACD,dy1 - dy2}*/

set{Weekly_and_Daily_MACD,Weekly_MACD + MACD}

/*ANGLE BETWEEN INDICATORS 10/7/2020*/
NOT OTCBB
/*CLOSE BETWEEN 1 AND 10 */ /* COMMENTED OUT */


AVERAGE VOLUME(10) > 1000000

/*angle of MA slopes, or your choice of indicator 1 and 2*/
set{indicator1, Weekly_and_Daily_MACD}/*set here*/ add column indicator1
set{indicator2, Weekly_MACD}/*and here*/
draw indicator1 on plot price
draw indicator2 on plot price
set{slopeind1, 2 day slope of indicator1}
set{slopeind2, 2 day slope of indicator2}
/*set{radiansind1, slopeind1}
set{radiansind2, slopeind2}
set{atanind1, atan(radiansind1)}
set{atanind2, atan(radiansind2)}
set{hcircle, 180 / 3.14159}
set{angledegind1, atanind1 * hcircle}
set{angledegind2, atanind2 * hcircle}*/
set{angledegind1, 57.30 * atan(slopeind1)}
set{angledegind2, 57.30 * atan(slopeind2)}
add column angledegind1
add column angledegind2
set{CrossingAngle, angledegind1 - angledegind2}
add column CrossingAngle
/*add the crossing angle and angledeg10ma*/
set{MomentumAngle, CrossingAngle + angledegind1}
add column MomentumAngle

/*filter and sort*/
/*indicator1 crossed above indicator2 */ /* COMMENTED OUT */
/*sort on column 8 descending*/

/*bells and whistles*/
/*set{xxx, close}*/
draw price line at close


DRAW angledegind1 LINE AT 20 /* angledegind1 for maturing tech stocks likely not above 20 ? */
DRAW angledegind1 LINE AT -20
]
StockFetcher Forums · Filter Exchange · ANGLE BETWEEN INDICATORS<< 1 2 3 4 >>Post Follow-up

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