StockFetcher Forums · Filter Exchange · 5% A WEEK FILTER (BASED ON TRO'S CROCK POT)<< 1 ... 31 32 33 34 35 ... 37 >>Post Follow-up
pthomas215
1,251 posts
msg #133999
Ignore pthomas215
1/31/2017 9:54:15 PM

Thank you t_charp. I believe it serves as a recent most probable support line.

T_Charp13
35 posts
msg #134109
Ignore T_Charp13
2/7/2017 9:36:06 PM

Is there a way to reverse the filter and find stocks to short? So have the scan turn up stocks that broke through the yellow line to the downside and have more loss weeks than win weeks and so on.

pthomas215
1,251 posts
msg #134118
Ignore pthomas215
2/8/2017 10:35:00 AM

t charp, I will tinker with it and check.

pthomas215
1,251 posts
msg #134119
Ignore pthomas215
2/8/2017 10:37:33 AM

i just sometimes add 'rsi(2) > 99" to any bullish filter and i find those ready for a short.

graftonian
1,089 posts
msg #134124
Ignore graftonian
modified
2/8/2017 11:17:15 AM

CLVS, my pick for this week has been skating along near the 10% stoploss. Not much hope.

***********************************

big jump at 11:30

selfhigh05
23 posts
msg #134331
Ignore selfhigh05
modified
2/15/2017 3:42:27 PM

nevermind I thought I had something to help narrow down the scan but this doesnt work as well as I thought:

AND close above .1
AND volume is above 500000
AND OBV increased past 2 days
AND CCI(20) increased past 2 days
AND CCI(20) crossed above -100
AND Connors RSI(3,2,100) increased past 2 days
AND volume is above Average Volume(30)

selfhigh05
23 posts
msg #134711
Ignore selfhigh05
3/2/2017 6:44:51 PM

I made some tweaks to further narrow down the choices to remove stocks that dont have momentum in days prior to open on Monday. I think the results are great, take a look. Sort by performance and not reward.

Fetcher[
/*MEASURE THE DIFFERENCE FROM WEEKLY OPEN TO WEEKLY HIGH*/
set{whiop, weekly high - weekly open}
set{Long_Profit, whiop / weekly open }

/*DETERMINE THE FREQUENCY THAT 5% IS ACHIEVED OVER MULTIPLE TIME FRAMES*/
set{5_1wk, count(Long_Profit > .05,1)}
set{5_4wk, count(Long_Profit > .05,4)}
set{5_8wk, count(Long_Profit > .05,8)}

/*APPLY WEIGHTING FACTORS*/
set{var1,5_4wk*0.5} /*WEIGHT 4 WK AVERAGE AT 2X*/
set{var2,5_8wk*0.125} /*WEIGHT 8 WK AVERAGE AT 1X*/

/*CREATE A WEIGHTED SUMMATION OF STOCK PERFORMANCE (MAX SCORE = 3)*/
set{reward,var1+var2}

/*DETERMINE THE RISK OF TRIPPING A 10% STOP LOSS*/
set{wloss, weekly open - weekly low}
set{max_loss, wloss / weekly open}

/*DETERMINE THE FREQUENCY THAT A 10% STOP LOSS IS TRIPPED OVER MULTIPLE TIME FRAMES*/
set{loss_1wk, count(max_loss > .10,1)}
set{loss_4wk, count(max_loss > .10,4)}
set{loss_8wk, count(max_loss > .10,8)}

/*APPLY WEIGHTING FACTORS*/
set{var11,loss_4wk*0.5} /*WEIGHT 4 WK AVERAGE AT 2X*/
set{var21,loss_8wk*0.125} /*WEIGHT 8 WK AVERAGE AT 1X*/

/*CREATE A WEIGHTED SUMMATION OF RISK (MAX SCORE = 3)*/
set{risk,var11+var21}
set{performance,reward/risk}

add column performance
add column reward {reward}
add column risk {risk}
add column 5_4wk {4 wk reward}
add column loss_4wk {4 wk risk}
add column 5_8wk {8 wk reward}
add column loss_8wk {8 wk risk}

/*SCREEN FOR THE STRONGEST CANDIDATES*/
weekly open is above 1
average volume(90) above 500000
and reward is greater than 2.0

and draw 5_1wk
and draw loss_1wk on plot 5_1wk
and do not draw reward

sort column 4 descending

chart-display is weekly
and market is not OTCBB
and Connors RSI(3,2,100) has been increasing past 1 days
and CCI(20) has been increasing past 1 days
and Fisher Transform(10) has been increasing past 1 days
and volume is above 100000
and close is above EMA(6)
and close one days ago is above EMA(6) 1 days ago
and close two days ago is above EMA(6) 2 days ago
and close three days ago is above EMA(6) 3 days ago
]



pthomas215
1,251 posts
msg #134712
Ignore pthomas215
3/2/2017 7:02:16 PM

Do you recommend buying on Friday or Monday at the open with this filter?

selfhigh05
23 posts
msg #134713
Ignore selfhigh05
3/2/2017 7:19:52 PM

The rules are to run scan over weekend and buy Monday at open. I am going to paper trade this for a few weeks. I want to see if I can further weed out the bad ones based on Premarket activity and maybe waiting 7-10 minutes after open to see which direction its going. These things are going to be tested to see if I can find better trading.

jacob1hudson
2 posts
msg #134721
Ignore jacob1hudson
3/3/2017 5:31:09 PM

Kevin,

So on Monday we would buy DELT and/or BLPH (since the risk and reward score are the same) and then sell when it reached 5% of 1.43 DELT and/or 1.40 (BLPH)?

StockFetcher Forums · Filter Exchange · 5% A WEEK FILTER (BASED ON TRO'S CROCK POT)<< 1 ... 31 32 33 34 35 ... 37 >>Post Follow-up

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