StockFetcher Forums · General Discussion · Help Creating 50% filter<< >>Post Follow-up
j.bostwick
3 posts
msg #60896
Ignore j.bostwick
3/30/2008 8:43:13 PM

It's a really basic filter, but for some reason I can't get it down.

Basically there is a big candle, percentage gain is greater than 5%. The next day the low of the day touches 50% of that big candle from the previous day.

That's me explaining it, and here's my filter that doesn't seem to work. I just need someone to help me with the filter. Thanks

Close 1 day ago is above close 2 days ago and close day ago is above Day Position (.50) 1 day ago and LOD touched Day Position (.50)

nikoschopen
2,824 posts
msg #60898
Ignore nikoschopen
3/30/2008 10:05:52 PM

Basically there is a big candle, percentage gain is greater than 5%. The next day the low of the day touches 50% of that big candle from the previous day.

By "50% of that big candle", I wasn't sure if ure referring to the 50% of the range (high - low) or the 50% of the candle body (close - open or vice versa). I used to range for the following filter.

Fetcher[
gap 1 day ago below 0.5
day change 1 day ago above 5
set{ratio, low / day position(0.50,1) 1 day ago}
ratio between 0.98 and 1.02
price above 5
add column separator
add column low
add column day position(0.50,1) 1 day ago
add column ratio
]




StockFetcher Forums · General Discussion · Help Creating 50% filter<< >>Post Follow-up

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