mahkoh
1,065 posts
msg #116112
- Ignore mahkoh |
10/20/2013 5:27:33 PM
draw z and do not draw z?
What are you trying to accomplish, shortwire the server?
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four
5,087 posts
msg #116113
- Ignore four
modified |
10/20/2013 5:34:27 PM
mahkoh,
thanks for the catch (modified above: 10/20/2013 3:45:23 PM)
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mahkoh
1,065 posts
msg #116115
- Ignore mahkoh |
10/20/2013 6:15:19 PM
You're welcome
This one is quite something running it in offset:
set{z, open - .25}
set{x, count(high > z 2 day ago,100)}
add column x > 80
volume > 123123
close > 10
sort column 5 descending
set{zz,count(z >= low,100)}
add column zz > 75
add column annual dividend yield
rsi(8) < 33
the high must haven been at least near the open 2 days ago 80 % of the time
and the low must have been at least $ 0.25 below the open 75 % of the time
how do you come up with that stuff?
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shillllihs
6,044 posts
msg #116127
- Ignore shillllihs |
10/21/2013 12:01:23 PM
Test run. Kalu 64.85
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shillllihs
6,044 posts
msg #116130
- Ignore shillllihs |
10/21/2013 1:13:02 PM
i'll take 1.5% and bail. this will prob. go higher. good experiment but will stick with my strategy
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shillllihs
6,044 posts
msg #116131
- Ignore shillllihs |
10/21/2013 1:24:20 PM
PATH will look int. at 1.40
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DMUNCASTER
34 posts
msg #116136
- Ignore DMUNCASTER |
10/21/2013 4:38:39 PM
four:
Excellent results the past year and before, in up markets.I backtested using a 6% stop and exit if RSI(2) > 90. I thought this might have trouble in down markets. Picked a random 4 months, the last part of 2008 and it was-47%. Of course nobody in their right mind would be using a long strategy at this time.
You'd think there would be indicators when used with the SPY that would tell you when to be out of the market. I've been unable to black box that. I suppose if you could do that, you could just get rich playing the SPY. I guess it's like some Supreme Court Justice said, "I can't define pornography, but I know it when I see it". Anyway, I'm interested on anything further on this. Nice catch.
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four
5,087 posts
msg #116137
- Ignore four
modified |
10/21/2013 4:54:31 PM
DMUNCASTER
Perhaps: "Picked a random 4 months, the last part of 2008 and it was-47%."
Rerun with these criteria:
1.
LONG: (stoplimit) at High + .01 to enter?
PS How did you enter?
2.
set{spx_ma100, ind(^SPX,MA(100))}
set{spx_ma20, ind(^SPX,MA(20))}
draw spx_ma20 on plot spx_ma100
spx_ma20 above spx_ma100
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four
5,087 posts
msg #116138
- Ignore four |
10/21/2013 5:14:58 PM
mahkoh,
Your previous entry...
"how did I come up with ..."
--- This was started with the idea of catching a value that will get me in "just above the bottom".
I was wondering about finding a stock that "frequently" offers a way of getting in above the day low.
Would it be great to find a stock that OPEN - $X is often >= the day low... and the next day would offer a HIGH that is $X above yesterday's OPEN... as a meaningful percentage?
I have always had a difficult time "buying the open" (in my mind there should be better).
HTH
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mahkoh
1,065 posts
msg #116154
- Ignore mahkoh |
10/22/2013 10:27:05 AM
So the entry is at open - $ 0.25 after the trigger date? If that is the case it would be an idea to calculate the average drop for each individual candidate. Maybe the stock dropped $ 1 from the open 75 out of 100 times?
And have you thought of an exit?
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