trader123
2 posts
msg #31101
- Ignore trader123 |
2/15/2004 1:57:10 PM
I am trying to write a filter that duplicates some of Jeff Coopers filters.
The one that is giving me difficulty is:
Today's range (high minus low) must be equal to or larger than the largest daily range of the previous nine trading days.
I have tried to apply and modify the Indicators.....Day Range...Average Day Range....Day Point Range, without anything satisfactory.
I have pretty much the rest of it except for this one indicator.
Thanks,
trader123
|
mika
131 posts
msg #31102
- Ignore mika |
2/15/2004 11:47:50 PM
Why not post them?
I'd be interested in having a look at them. I'm sure others as well.
|
trader123
2 posts
msg #31103
- Ignore trader123 |
2/16/2004 12:42:44 AM
I figured it out.
Expansions Breakout Buys:
SET{DIFF, HIGH - LOW} diff reached a new 9 days high
and high reached a new 2 month high
and close between 30 and 50
and close is above the open
and Average Volume(90)is below 200000
Expansions Breakout Sells:
SET{DIFF, HIGH - LOW} diff reached a new 9 days high
and low reached a new 2 month low
and close between 30 and 50
and close is below the open
and Average Volume(90)is below 200000
1-2-3-4's Buys (three down):
ADX(14) is above 30
+DI(14) is above -DI(14)
and low has been decreasing for 3 days
and close between 30 and 50
and Average Volume(90)is below 200000
1-2-3-4's Sells (three up):
ADX(14) is above 30
+DI(14) is below -DI(14)
and close between 30 and 50
and high has been increasing for 3 days
and Average Volume(90)is below 200000
There is another scan for the 1-2-3-4's except instead of (low has been decreasing for 3 days). You have 2 down days and an inside day. But I haven't figured out how to write it yet.
The thing that is not included in the above filters is...Jeff Cooper only trades in stocks that has high institutional sponsorship. I don't know if there is an indicator for this or not.
These are only two of the many his book "Hit and Run Trading".
trader123
|