StockFetcher Forums · General Discussion · TRO Fade the gaps for next week<< 1 2 >>Post Follow-up
taylorsk
106 posts
msg #97810
Ignore taylorsk
12/4/2010 1:17:44 PM

from my slightly modified TRO filters.
Milk the Cows, Fade the gap

Looking to short
HGSI
JKS

only short if they gap up.
Look to fade any gap ups.
Stats are as follow over the last 40 days.
HGSI Gap UP filled 80% Close lower when Gapped UP 80%
JKS Gap Up filled 80% Close lower when Gapped UP 68%

Go Long
APKT
RVBD

only go long on gap downs
Look to fade gap downs.
Stats are as follow over the last 40 days.
APKT Gap Down filled 87% Close higher when Gapped DOWN 73%
RVBD Gap Down filled 84% Close higher when Gapped DOWN 74%





mahkoh
1,065 posts
msg #97824
Ignore mahkoh
12/4/2010 9:28:51 PM

Interesting approach towards the filter, I also like to separate the results in long and short candidates. I am wondering, how do you filter out higher closes after a gap up (and lower closes after a gap down) ?

taylorsk
106 posts
msg #97832
Ignore taylorsk
12/5/2010 10:28:35 AM

Well after several attempts to use stockfetcher to do so I finally created a spread sheet. in exel. I found a spreadsheet at

http://www.financialwebring.org/gummy-stuff/stock-charts.htm

It is spreadsheet#104. Download Open High Low and Close of several stocks.

I have changed it somewhat and it is not as automated as I would like as I do have to cut and past each stock into my calculator based sheet.

I pull the following info

Gap Up Count If Up filled down? If Up Close Up? If Up Closed Down? Gap UP Filled % GapUp Filled Rank If UP Close Down % Close Down Rnak Gap Up Rank

Gap Down Count If Down filled Up? If Down Close Down? If Down Close Up? Gap DOWN Filled % GapDown Filled Rank If Down Close Up % Close Up Rank Gap Down Rank


I Plug in stocks from this filter over the last week

Fetcher[
volume above 750000
and Average Volume(30)is above 1000000
and the average day range(20) is above 4%
close is between 25 and 80
add column average day range(20)
add column high
add column low
sort column 1
]



taylorsk
106 posts
msg #97833
Ignore taylorsk
12/5/2010 10:34:54 AM

If you want the spreadsheet you can get me at

stockfetcherst

thats the name.....

@aol.com



mahkoh
1,065 posts
msg #97901
Ignore mahkoh
12/8/2010 7:32:10 PM

Thanks for the explanation. I am still exploring SF and have enough on my hands with that at this point, but do keep us posted on your possible candidates.

taylorsk
106 posts
msg #97978
Ignore taylorsk
12/12/2010 3:35:38 PM

from my slightly modified TRO filters.
Milk the Cows, Fade the gap

Prospect for Week starting Dec. 13

Looking to short
HGSI
MCP
only short if they gap up.
Look to fade any gap ups.
Stats are as follows over the last 40 days.
HGSI Gap UP filled 79% Close lower when Gapped UP 79%
MCP Gap Up filled 82% Close lower when Gapped UP 64%

Go Long
APKT
RVBD

only go long on gap downs
Look to fade gap downs.
Stats are as follows over the last 40 days.
APKT Gap Down filled 83% Close higher when Gapped DOWN 75%
RVBD Gap Down filled 82% Close higher when Gapped DOWN 71%




taylorsk
106 posts
msg #98012
Ignore taylorsk
12/15/2010 10:21:45 AM

My trade of the morning.
Using TRO buy zone fade the gap and MTC....

Markets set to open lower and APKT set to open lower after a huge down move over the last 2 days.

Opened @ $50.72

I entered stop limit @ $50.82/$50.86

3 exits

1st @ $51.10 (0.5% ish)
2nd @$50.66(by the time I set my second sell It had already blown through (target was $51.32 approx 1%)
3rd @ $52.82( 2 bucks a share…Took the money and ran….close to a 4% move. Average daily range over the last 20 is about 4% as per my filter so that is a final sell for me)

This stock may make me look dumb by days end….might move much higher…but I play by my rules and play the statistics and averages.





Walid
130 posts
msg #98013
Ignore Walid
12/15/2010 12:57:33 PM

Nice trade and great job sticking to your plan. Not a biggie but I believe there is a typo in the second exist, it should be 51.xx not 50.xx

taylorsk
106 posts
msg #98128
Ignore taylorsk
12/20/2010 9:50:52 AM

Week Of Dec 20/2010

from my slightly modified TRO filters.
Milk the Cows, Fade the gap

Looking to short
SOHU
MCP

only short if they gap up.
Look to fade any gap ups.
Stats are as follow over the last 40 days.
SOHU Gap UP filled 80% Close lower when Gapped UP 70%
MCP Gap Up filled 80% Close lower when Gapped UP 60%

Go Long
APKT
EXXI

only go long on gap downs
Look to fade gap downs.
Stats are as follow over the last 40 days.
APKT Gap Down filled 83% Close higher when Gapped DOWN 75%
EXXI Gap Down filled 80% Close higher when Gapped DOWN 73%



taylorsk
106 posts
msg #98372
Ignore taylorsk
1/3/2011 9:24:42 AM

APKT a good gap fader for this week.

In the last 40 days:

When gappping up it fills the gap 81% and closed lower 59%
When gapping down it fills the gap 83% and Closed higher 75%

StockFetcher Forums · General Discussion · TRO Fade the gaps for next week<< 1 2 >>Post Follow-up

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