StockFetcher Forums · General Discussion · Big Trends Percent R Trading Method<< 1 2 >>Post Follow-up
einok
msg #86090
- Ignore einok		 1/12/2010 10:44:24 PM

Has anyone here backtested this method?

Thanks
Erik
gmg733
788 posts
msg #86097
- Ignore gmg733		 1/13/2010 8:02:18 AM

I tried to reverse engineer his technique and has some success. But the other methods I had were a bit better than this one.

You can do Acceleration Bands in SF if you are interested in pursuing some testing.

gmg733
788 posts
msg #86098
- Ignore gmg733		 1/13/2010 8:09:17 AM

BTW, it is all about support and resistance. You can pick stocks off the scan and you'll have to go look at each stock for support and resistance. At the end of the day that is what they use. They use the W%R for entry and exit as well as the Acc Bands.

What I find is not matter what trading method you use, it is all about support and resistance. If you have that on the weekly and the daily (depending on your time frame) then you'll have a safer trade.

Price uses DITM options for his plays.
chetron
2,817 posts
msg #86101
- Ignore chetron
modified		 1/13/2010 8:22:41 AM

maybe...


Fetcher[

/* TACHIKAWA */
/* BTTM */

set{var1a,low 1 day ago}
set{var1b,high 1 day ago}
set{var1c,williams %r(20) 1 day ago}

set{var1,count(close below var1a,1)}
set{var2,count(close above var1a,1)}
set{var11,count(close below var1b,1)}
set{var12,count(close above var1b,1)}

set{uptrend,count(williams %r(20) above -50,1)}
set{dntrend,count(williams %r(20) below -50,1)}

set{var13,count(var1c below -20,1)}
set{var14,count(var1c above -80,1)}


set{vsella,uptrend * var1}
set{vsell,vsella * var13}

set{vaddlonga,uptrend * var2}
set{vaddlong,vaddlonga * var13}

set{vbtca,dntrend * var12}
set{vbtc,vbtca * var14}

set{vaddshorta,dntrend * var11}
set{vaddshort,vaddshorta * var14}

set{var30,vsell + vaddlong}
set{var31,var30 + vbtc}
set{vplays,var31 + vaddshort}

add column vsell
add column vaddlong
add column vbtc
add column vaddshort

draw vaddshort on plot vaddlong
draw williams %r(20) line at -80
draw vbtc on plot vsell
draw dntrend on plot uptrend
draw williams %r(20) line at -20
DRAW ACCELERATION BANDS(20)

close above .1
volume above 10000000

vplays above .5
do not draw vplays

sort column 5 descending
]
gmg733
788 posts
msg #86144
- Ignore gmg733		 1/13/2010 11:43:00 AM

Here is the acceleration band context: Acceleration Bands(20)

I cleaned out my filters a while back and deleted these or I would have some for you already. Sorry about that.

chetron
2,817 posts
msg #86146
- Ignore chetron
modified		 1/13/2010 12:01:51 PM

WHAT WAS IT THAT PRICE LIKED ABOUT THE A BANDS? BESIDES INVENTING THEM. = )
four
5,087 posts
msg #86161
- Ignore four		 1/13/2010 2:37:16 PM


Trading Method
four
5,087 posts
msg #86167
- Ignore four		 1/13/2010 3:15:53 PM

No Bands

Fetcher[
set{rsi2, rsi(2)}
draw Williams %R(2) on plot rsi2

Williams %R(2) increasing last 1 days
rsi(2) decreasing last 3 days

volume < volume 1 day ago
close > open
close 1 day ago < open 1 day ago

rsi(2) < 30
Williams %R(14) -80


close > 1
volume > 1000

do not draw rsi(2)
do not draw Williams %R(14)
market is not otcbb
]
gmg733
788 posts
msg #86174
- Ignore gmg733		 1/13/2010 3:55:57 PM

I have met Price once and had some good dialog. What he really likes about the Acc Bands is he can sell a service. :) Just kidding. The Acc Bands caputre the 5% strong trends. He isn't too worried about the 95% noise in the market which is the price action in the bands. He wants the sweeping acceleration, i.e. breakouts and etc.
einok
msg #86178
- Ignore einok		 1/13/2010 4:25:50 PM

Thanks for the info guys. Can anybody here do backtesting on these methods and see what the results would have been?
Thanks
StockFetcher Forums · General Discussion · Big Trends Percent R Trading Method<< 1 2 >>Post Follow-up

StockFetcher Tools
Filter Editor
My Filters
Watch Lists
Chart+
Find Similar Stocks
Shared Lists
Popular Resources
StockFetcher Forums
Indicator List
Filter Phrases
Examples
Site Search
Sector/Industry List
Usage Guide
Support
Contact Us
Support Home

Subscriber
Subscriber Benefits
Settings
Chart
Results
MyFilters
*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.•Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.