StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 10 11 12 13 14 ... 40 >>Post Follow-up
TheRumpledOne
6,529 posts
msg #56200
Ignore TheRumpledOne
10/30/2007 4:35:28 PM

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RIMM.. simple trades, simple profit.

See the gap get filled!!

rwgamer
17 posts
msg #56202
Ignore rwgamer
10/30/2007 5:49:24 PM

TRO: "I don't code "filters" in TradeStation... That's what StockFetcher is for. I code automated trading strategies and indicators for TradeStation. "

Well if you could code everything including the stock selection process, you could vacation in the Bahamas while your computer is trading for you. I haven't used TradeStation, so I can't tell you if it's possible to write an equivalent filter using their EasyLanguage or whatever they call it. Of course you would have to have redundant everything, a failover Internet connection, backup computer...you'd pretty much be running a data center. Or maybe you could just hire somebody to make sure nothing crashes.

I'm just thinking outside the box here.

I do intend to create a bunch of basket stocks that have filled the gap a high percentage of times in the past--but no stock is going to gap up or down a significant amount every day. I know you scalp based on your previous posts, so a .4% gap IS significant to your trading style.

TheRumpledOne
6,529 posts
msg #56204
Ignore TheRumpledOne
10/30/2007 6:31:20 PM

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Seeing is believing.

TheRumpledOne
6,529 posts
msg #56205
Ignore TheRumpledOne
10/30/2007 6:35:01 PM

rwgamer... with all due respect, I have been working on this since 2002. THIS WORKS!

If there is a HOLY GRAIL, THIS IS IT!

Automation is NOT the same as unattended... someone must be watching.

It's simple, I run stockfetcher to get my COWS. They don't change much. I take the top 20 and load them into TradeStation. You see the results.

These stocks have the range and volume needed to produce "milk" everyday.

Vegas would kill for these odds.


TheRumpledOne
6,529 posts
msg #56206
Ignore TheRumpledOne
10/30/2007 6:38:34 PM

"I do intend to create a bunch of basket stocks that have filled the gap a high percentage of times in the past--but no stock is going to gap up or down a significant amount every day. I know you scalp based on your previous posts, so a .4% gap IS significant to your trading style."

I don't care about percent. All I care about is price.

When a computer is trading, you have to think like a computer.

If the computer trades 20 stocks a day and nets $.10 per share per stock, that's a net $2,000 a day or $500k a year. There is no need to be greedy.
I don't care how much it could have made.

Hey brother, can you spare a dime? LOL!!!




TheRumpledOne
6,529 posts
msg #56207
Ignore TheRumpledOne
modified
10/30/2007 6:52:47 PM

Fetcher[
/* close near open statistics */

set{Xclosed, close - open}
set{Xclosedup, count(Xclosed > .10, 1)}
set{Xcloseddn, count(Xclosed < -.10, 1)}

set{closedpedup100, count(Xclosedup > 0, 100)}
set{closedpeddn100, count(Xcloseddn > 0, 100)}


/* DISPLAY COLUMNS */

and add column closedpedup100
and add column closedpeddn100



/* profit checker - long only */

set{ LongProfit, high - open}
set{Long10, count(longprofit above .10, 100) }
set{Long50, count(longprofit above .50, 100) }
set{LoseLg, Long10 - Long50}

add column LoseLg
add column LongProfit
add column Long10
add column Long50

and add column cma(longprofit, 100)

/* profit checker - short only */

set{ ShortProfit, open - low }
set{Short10, count(Shortprofit above .10, 100) }
set{Short50, count(Shortprofit above .50, 100) }
set{LoseSh, Short10 - Short50}

add column LoseSh
add column ShortProfit
add column Short10
add column Short50

and add column cma(Shortprofit, 100)

/* SELECTION CRITERIA */

CLOSE ABOVE 40
AVERAGE VOLUME(30) ABOVE 1000000
MARKET IS NASDAQ

/* SORT CRITERIA */

SORT COLUMN 4 DESCENDING
]



How many times did the stock close up more than a dime?

How many times did the stock close down more than a dime?

That shows me volatility.

I already have the high - open and open - low stats.






dwiggains
446 posts
msg #56228
Ignore dwiggains
10/31/2007 11:25:58 AM

TheRumpledOne
I like your work here. Have you thought of modifying this filter to give you the statistics --- if the stock opens up the percentage of the time it will close above open. Could also look at the short side.

Thanks
See ya
David

welliott111
98 posts
msg #56235
Ignore welliott111
10/31/2007 5:23:56 PM

Any suggestions where to find pre-market gappers? Nasdaq.com has pre-market info but only Most active,Most advanced,Most declined.

luc1grunt
622 posts
msg #56237
Ignore luc1grunt
10/31/2007 6:07:05 PM

Trade ideas can be set to show the gappers...up or down

welliott111
98 posts
msg #56238
Ignore welliott111
10/31/2007 6:32:14 PM

Thanks Luc







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