pthomas215
1,251 posts
msg #127539
- Ignore pthomas215 |
3/8/2016 3:32:36 PM
I was wondering if someone could help me out. I just bought a great algorithm (I can refer you to them if you are interested). What makes the algorithm work for an investor is only long positions, and increasing consistently over time with some volatility (so it gets picked up again after closing out each position).
Does anyone know what I would put in the stock fetcher search engine to find the best stocks for this algorithm?
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four
5,087 posts
msg #127541
- Ignore four |
3/8/2016 6:03:23 PM
... what is the product?
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pthomas215
1,251 posts
msg #127544
- Ignore pthomas215 |
3/8/2016 6:31:32 PM
It's called Cool Trades. Great logic in the model. It will churn profitability if you can find equities that consistently rise while having a decent amount of volatility. Given that, do you know how I would search in stock fetcher to find those stocks that would do well in the model?
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four
5,087 posts
msg #127545
- Ignore four
modified |
3/8/2016 6:39:05 PM
pthomas215,
"if you can find equities that consistently rise while having a decent amount of volatility"
Define "consistently rise"
Define "decent amount of volatility"
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pthomas215
1,251 posts
msg #127546
- Ignore pthomas215 |
3/8/2016 6:51:33 PM
Good questions four. i would say consistently beating the S&P over longer time period and having average days range above 5%
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four
5,087 posts
msg #127547
- Ignore four
modified |
3/8/2016 6:56:56 PM
Go to this page, http://www.stockfetcher.com/forums2/Indicators, scroll down to the link identified as Day Range / Average Day Range / Day Point Range.
Investigate the guide found at, http://www3.stockfetcher.com/download/sfuserguide2_0.pdf.
Investigate this page, http://www.stockfetcher.com/forums2/Indicators/Single-Symbol-Indicator-Comparison-IND/34495.
Define "consistently beating the S&P over longer time period"
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pthomas215
1,251 posts
msg #127548
- Ignore pthomas215 |
3/8/2016 7:06:15 PM
Thanks. I would say beating the S&P 500 for 4 months. The idea is to get an increasing trend over time so you are consistently closing out of positions. You get back into new positions in the model when volatility occurs. it dips, new position. It's an auto trader. i have never traded like this before so who knows. If you have interest I will put you in touch with the ceo who wrote the program.
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four
5,087 posts
msg #127549
- Ignore four |
3/8/2016 7:17:38 PM
I notice "beating the S&P 500 for 4 months" and wonder how 4 months and the index SP500 are significant versus 3 months and the NASDAQ?
The yearly license is not attractive (over 2000 dollars / year), but thanks for the offer.
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pthomas215
1,251 posts
msg #127550
- Ignore pthomas215 |
3/8/2016 7:21:13 PM
Yeah, I am not sure I know the difference / significance between the two you mentioned. nasdaq is probably more relevant.
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four
5,087 posts
msg #127551
- Ignore four |
3/8/2016 7:23:43 PM
Please support the statement "nasdaq is probably more relevant"
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