jordage 10 posts msg #30150 - Ignore jordage |
12/5/2003 7:16:54 PM
Hello, I've been usting Stockfetcher for about 1 month now and want to share some of the filers I've created and like. I'm not going to bother posting the result of them. You can look at the history of them if you want.
Global Filter:
Show stocks where close is between 1 and 10
and average volume(90) is above 100000
and volume is above 50000
This filter is applied to all my others automatically. This is just personal persoal preference to limit results to the best risk/reward stocks and ones that entry and exit can be.
Double Stochastic crossed one and is down:
Double stochastic 1 day ago was below 1
and Double stochastic is above 1
and close is below close 1 day ago
This one has very few results normally but when it does they are pretty powerful. Over the last month is looks like most of these results will close up 5-15% in a week, but some seen 20% plus in 1 or 2 days.
Vol up price down 3 days straight:
Volume is above volume 1 day ago
and volume 1 day ago is above volume 2 days ago
and Close is below close 1 day ago
and close 1 day ago is below close 2 days ago
This one works best I belive the price is approaching a support level like Bottom Linear Regression or a 50 or 200 day EMA or bollinger band. Usually 5+ results for this one. When it fails the next day it can also be a good sigh the following filter is for a 1 day failure of it. You can follow the patter for a 2 day up to as many days as you like
Volume 1 day ago is above volume 2 days ago
and volume 2 days ago is above volume 3 days ago
and close is below close 1 day ago
and Close 1 day ago is below close 2 days ago
and close 2 days ago is below close 3 days ago
and the 2 day failure is:
Volume 2 days ago is above volume 3 days ago
and volume 3 days ago is above volume 4 days ago
and close is below close 1 day ago
and Close 1 day ago is below close 2 days ago
and close 2 day ago is below close 3 days ago
and close 3 days ago is below close 4 days ago
These failure's have a decreasing price but the direction of the volume is inconsequetial after the 3 day increase it. However, if the volume keeps increasing as the price lowers the reboud could be bigger.
Highs lower, lows higher, Close lower for 3 days:
High 2 days ago was above high 1 day ago
and high 1 day ago was above high
and low 2 days ago was below low 1 day ago
and low 1 day ago is below low
and Close is below close 1 day ago
and close 1 day ago is below close 2 days ago
This one also works best near support areas, but be warned it seems that this one produces results that move pretty big either way. Either up a lot or down a lot.
Williams%R(2) increasing but price decreasing:
Close has been decreasing for the last 3 days
and Williams %R(2) has increased more than 50 in the last 3 days
and Williams %R(2) has been increasing for the lat 3 days
and Williams %R(2)is below -25
This one by itself is not too powerfull but when used with my others can be a confirmation of a real winner. Failurers of it are good bets too as long as the Willims keeps going up.
+DI reaching a new low:
Show stocks where +DI(14) is below -DI(14)
and +DI(14) reached a new 6 month low
Failure of this 1 day:
Show stocks where +DI(14) is below -DI(14)
and +DI(14) reached a new 6 month low 1 day ago
and close is below close 1 day ago
Failure of this 2 days:
Show stocks where +DI(14) is below -DI(14)
and +DI(14) reached a new 6 month low 2 days ago
and close is below close 1 day ago
and close 1 day ago is below close 2 days ago
The Failures of this are the most powerful. I use up to 5 days of failing but few stocks ever reach a 5th day down. If the -DI is reaching a 6 month high this is also a good sign. Or if the -DI begins heading down from a peak towards the +DI but the +DI keeps declining this is also powerfull.
These are most of the filters I've created. I use them with the components of the Muddy Method for best results. Hope you can use some of these, or that I've sparked you imagination to create some similiar ones to your liking.
PLESE LET ME KNOW WHAT YOU THINK ABOUT THEM,
Best of luck, JDH
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jordage 10 posts msg #30151 - Ignore jordage |
12/5/2003 11:02:03 PM
Instead of having very few results from the Doulbe Stocastic filter listed above i've change it to this:
Double stochastic reached a 1 month low 1 day ago
and close is below close 1 day ago
and Double stochastic is above Double stochastic 1 day ago
2 day failures are rare, but very very rewarding. The 1 day failure is this:
Double stochastic reached a 1 month low 2 days ago
and close is below close 1 day ago
and close 1 day ago is below close 2 days ago
and Double stochastic is above Double stochastic 1 day ago
and Double stochastic 1 day ago is above Double stochastic 2 days ago
These are filters with the best results I've come across in my short time. An easy 5-20% in a week in most cases. It appears more volatile stocks in an uprend work the best. Just as an example the most recent result to the 1 day failure filter listed above is EMA on November 26th. 1 day close was up 2.17%, 2 days it was up 7.97%, 3 days up 10.14%, 4 days 11.89%, 1 week up 13.77%. Yes the market did well last week, but look at the rest of the historical matches you'll see.
Best of Luck, JDH
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TheRumpledOne 6,532 posts msg #30160 - Ignore TheRumpledOne |
12/6/2003 4:40:59 PM
It's not what you trade, it's HOW YOU TRADE IT!
Spend more time learning how to trade than tweaking filters.
MONEY MANAGEMENT is the key.
MAY ALL YOUR FILLS BE COMPLETE.
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MODERATOR 28 posts msg #30165 - Ignore MODERATOR |
12/6/2003 5:59:05 PM
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12/6/2003 11:00:51 PM
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12/6/2003 11:02:19 PM
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12/7/2003 12:12:17 AM
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12/7/2003 12:20:08 AM
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mika 131 posts msg #30175 - Ignore mika |
12/7/2003 12:32:43 AM
Avery,
you said MONEY MANAGEMENT is the key..
I've opened a thread trying to address exactly this issue. You did post a reply of sorts, but it was rather vague. Could you please elaborate on your MONEY MANAGEMENT system, and point out it's plus and minuses. Thanks in advance.
mika.
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bob79924 38 posts msg #30178 - Ignore bob79924 |
12/7/2003 10:09:15 AM
Jordage:
Thanks for the filters. I appreciate anything anyone puts out that I can test for myself. I'll let you know what I come up with also.
Bob W.
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