ChizzleMeTimbers
36 posts
msg #75068
- Ignore ChizzleMeTimbers |
6/5/2009 12:05:34 PM
I am trying to create a filter and the general idea behind it is taht I want to only see stocks that MOVE intraday... most of my filters constantly spit out retarded things like PFE and MO etc etc everyday.... They meet my price/volume requirements... so I feel the next step (as an intraday trader) is to also incorporate average daily movement in stocks I want to trade.... but what does taht really mean and how do I program it... The minimum movement in a stock (i guess high minus low of the day) should be at LEAST .75 cents... how would I create that?
Also, any other ideas on how to find volatile stocks without using average daily movements?
Thank you so much
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karennma
8,057 posts
msg #75093
- Ignore karennma
modified |
6/5/2009 4:38:07 PM
Here's a very elementary one you can use.
Please note: "sort column 7 descending" applies to the column # that is my Av. Day Range(30) column.
If yours is column "4", then change the number to "4".
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mystiq
650 posts
msg #75109
- Ignore mystiq |
6/6/2009 2:14:51 AM
Also, any other ideas on how to find volatile stocks without using average daily movements?
-try using Historical Volativity > 90-
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ChizzleMeTimbers
36 posts
msg #75121
- Ignore ChizzleMeTimbers |
6/6/2009 11:19:13 AM
The thing is, as an intraday trader and not a swing trader which I feel like many on stockfetcher are, I really do not care about % movements but more price movements... so
average volume(30) > 1000000
volume > 1000000
average day range(30) > 3%
would there be something such as...
average daily movement (30) > 1.50
or did I just make that filter up...
I feel that this filter coupled with a volume spike filter, which I do not know either but I believe it is something along the lines of...
Past day volume exceeds previous 20 days volume by 80%
or
Progressively more and more volume comes into the stock for three straight days...
Thanks again for the help gentlemen
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SAFeTRADE
644 posts
msg #75122
- Ignore SAFeTRADE |
6/6/2009 1:33:24 PM
Here is a TRO fiter I adapted for my own use. It looks for .50 cent, 75 cent and .99 cent movements between ope and high of the day. Hope it helps.
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ChizzleMeTimbers
36 posts
msg #75123
- Ignore ChizzleMeTimbers |
6/6/2009 2:45:59 PM
Does this also include low of the day? Or I am assuming most of the users here including you want to play the longside for obvious reasons..
And the two filters posted both involve columns etc... that is essentially the same as what I do now except when the results are posted there are new columns showing extra information that IS filtered out already too... correct? Thank you for the help, I feel creating the same filter for Open-Low will be pretty easy right
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