sdt929
3 posts
msg #77753
- Ignore sdt929 |
8/20/2009 10:46:50 PM
I just started using SF today and I have been looking and reading all day! This may be a really dumb question but I have noticed something in Equity Feed. On a 1 or 2 day/ 1 Min. real time chart if the stock is in the green during the day and the RSI(14) goes all the way down to 0, almost all the time the stock will bounce higher...sometimes a lot higher. I also noticed that if a stock finishes the day in the green and the RSI(14) is at 0 then the next day, most of the time, the stock will open higher. The only stocks I track on Equity feed are $5.00 or less. Basically pennies! Could someone show me how to build a filter to find these stocks that are climbing in price and the RSI(14) hits zero. Or a filter for stocks that closed up for the day and the RSI(14) is at zero at close. Ya'll don't laugh, I am very new to this stock stuff and have made some pretty decent money doing this but all I ca do "ALL DAY!!"" is scan through stocks on Equity Feed all day trying to luck up and find ones that the RSI is at 0. Someone please help me!!! Thanks An example of this is IPWG. Today (08/20/09) at 11:49am the rsi(14) went to 0.3001. You could have bought that stock at .0022 and sold it right before the close at .0045. Over 100% ROI in a few hours. Not too bad! Its just a matter of catching them. Someone please help me...I have done this 4 times since 08/13/09 its just hard to find them!
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mystiq
650 posts
msg #77761
- Ignore mystiq
modified |
8/21/2009 1:28:57 AM
try these to narrow down your search !
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chetron
2,817 posts
msg #77770
- Ignore chetron
modified |
8/21/2009 6:56:31 AM
ACTUALLY SF CAN'T HELP YOU FIND INTRADAY STUFF.
IPWG CAN'T BE SEEN HERE, IT'S status is TOO NEW
IF YOU LOOK AT IT ELSEWHERE, YOU WILL NOTICE THE RSI(14) DAILY WAS OVER 50
SO...
in a nutshell you found weakness (intraday rsi(14) below 20 in strength (daily rsi(14) above 50.
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mystiq
650 posts
msg #77771
- Ignore mystiq
modified |
8/21/2009 7:16:37 AM
removed --see below
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mystiq
650 posts
msg #77826
- Ignore mystiq
modified |
8/22/2009 2:17:57 AM
...still experimenting ! (-.-)
/* trading bottoms */
/* absolute bottoms */
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