StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 17 18 19 20 21 ... 40 >>Post Follow-up
WALLSTREETGENIUS
983 posts
msg #66348
- Ignore WALLSTREETGENIUS		 8/18/2008 9:00:55 AM

Hi "Alf!"...8^ )
TheRumpledOne
6,529 posts
msg #66349
- Ignore TheRumpledOne		 8/18/2008 9:13:26 AM

FADING THE GAP traders are usually done with trading in 30 - 60 minutes. They take their profit quickly.

I have NO IDEA where Riggs got the idea you have to make 10 or 40 trades a day with this method. Usually, only 1 or 2 trades per stock.



TheRumpledOne
6,529 posts
msg #66350
- Ignore TheRumpledOne
modified		 8/18/2008 9:53:07 AM

*** WORK IN PROGRESS ***

Fetcher[
/* gap fill statistics - travel guide */

set{Xgapped, open - close 1 day ago}
set{Xgapup, count(Xgapped > 0, 1)}
set{Xgapdn, count(Xgapped < 0, 1)}

set{absgap, abs(Xgapped)}

set{gappedup100, count(Xgapup > 0, 100)}
set{gappeddn100, count(Xgapdn > 0, 100)}

set{cl1lo, close 1 day ago - low}
set{hicl1, high - close 1 day ago }

set{fillup, count(cl1lo > 0, 1)}
set{filldn, count(hicl1 > 0, 1)}

set{gapupfilled, Xgapup * fillup }
set{gapdnfilled, Xgapdn * filldn }

set{gapup100f, count(gapupfilled > 0, 100)}
set{gapdn100f, count(gapdnfilled > 0, 100)}

set{gapfilled, gapup100f + gapdn100f}

/* DRAW PLOTS */

DRAW XGAPPED ON PLOT XGAPPED

/* DISPLAY COLUMNS */

and add column gappedup100
and add column gappeddn100
and add column gapfilled
and add column gapup100f
and add column gapdn100f

and add column cma(absgap, 100)
and add column absgap 100 day high
and add column absgap 100 day low

set{xRange, high - low}
set{AvgRng, cma(xRange,5) }

set{HiOp, High - Open }
set{RunPCT, HiOp/open }
set{AvgRun5, cma(RunPCT,5) }
set{AvgRun20, cma(RunPCT,20) }

set{HiCl, High - Close }
set{PBPCT, HiCl/open }
set{AvgPB5, cma(PBPCT,5) }
set{AvgPB20, cma(PBPCT,20) }

set{ClLo, Close - low }
set{BouncePCT, ClLo/open }
set{AvgBounce5, cma(BouncePCT,5) }
set{AvgBounce20, cma(BouncePCT,20) }

set{OpLo, Open - low}
set{DropPCT, OpLo/open }
set{AvgDrop5, cma(DropPCT,5) }
set{AvgDrop20, cma(DropPCT,20) }

set{Green, count( close > open , 100)}

set{B10A, count(RunPCT > .10 , 100)}

set{A10A, count(RunPCT > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
add column RunPCT{R(today)}

add column PBPCT{P(today)}

add column DropPCT{D(today)}

add column BouncePCT{B(today)}

and add column separator
and add column AvgRun5
and add column AvgDrop5
and add column AvgBounce5
and add column AvgPB5
and add column AvgRun20
and add column AvgDrop20
and add column AvgBounce20
and add column AvgPB20

/* SELECTION CRITERIA */

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

/* SORT CRITERIA */

SORT COLUMN 7 DESCENDING
]
WALLSTREETGENIUS
983 posts
msg #66351
- Ignore WALLSTREETGENIUS		 8/18/2008 9:53:08 AM

I have NO IDEA where Riggs got the idea you have to make 10 or 40 trades a day with this method. Usually, only 1 or 2 trades per stock.
__________________________

Oh I don't know Avery....maybe they were QUOTES from your OWN thread?...LOL

=========================================================

"If I trade 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."


" don't necessarily wait for the gap to fill to take my profit. I take it WHEN I CAN!! 1000 * $.10 = $100!
Do that with 10 STOCKS that fill the gap 80% of the time and you make $1000 a day. Simple."



=========================================================


This is what happens when you just run your mouth....you soon forget what you say half the time...



RIGGS









TheRumpledOne
6,529 posts
msg #66352
- Ignore TheRumpledOne		 8/18/2008 9:56:22 AM

That's NOT 20 trades on the same stock!!
WALLSTREETGENIUS
983 posts
msg #66356
- Ignore WALLSTREETGENIUS		 8/18/2008 11:07:07 AM

...who cares what you mean Avery! You need to quit while you're behind man...
TheRumpledOne
6,529 posts
msg #66366
- Ignore TheRumpledOne		 8/18/2008 3:46:54 PM

AAPL gapped down today so the trade was long at $175.67

AAPL high today was 177.81.

You can take dimes or dollars.
TheRumpledOne
6,529 posts
msg #66383
- Ignore TheRumpledOne		 8/19/2008 4:14:39 AM

More on statistics:

The Statistic Analysis of Market Movements and Their Prognoses

http://articles.mql4.com/644?source=mql4email
luc1grunt
622 posts
msg #66384
- Ignore luc1grunt		 8/19/2008 6:17:02 AM

Avery, the statistic tools you provide are invaluable. You have made a task that would have taken many hours to code and provided it for FREE to everyone.

You can't be thanked enough.

Using it and applying it are up to the user. You "get it" or you don't.

Grunt
TheRumpledOne
6,529 posts
msg #66414
- Ignore TheRumpledOne
modified		 8/19/2008 9:16:53 PM

Fetcher[
/* Overnight vs Daily performance */

set{ opcl1, open - close 1 day ago }
set{ clop, close - open }

set{ nightup, count( opcl1 above 0, 100) }
set{ dayup, count( clop above 0, 100) }

set{chgn, sum( opcl1 ,5)}
set{chgd, sum( clop ,5)}

set{chgn100, sum( opcl1 ,100)}
set{chgd100, sum( clop ,100)}

/* DISPLAY COLUMNS */

and add column nightup
and add column dayup
and add column opcl1
and add column clop
add column chgn100
add column chgd100


and add column separator
add column chgn{(wkn)}
add column chgn 1 week ago{(-1wkn)}
add column chgn 2 weeks ago{(-2wkn)}
add column chgn 3 weeks ago{(-3wkn)}
add column chgn 4 weeks ago{(-4wkn)}
add column chgn 5 weeks ago{(-5wkn)}
add column chgn 6 weeks ago{(-6wkn)}
add column chgn 7 weeks ago{(-7wkn)}
add column chgn 8 weeks ago{(-8wkn)}
and add column separator

add column chgd{(wkd)}
add column chgd 1 week ago{(-1wkd)}
add column chgd 2 weeks ago{(-2wkd)}
add column chgd 3 weeks ago{(-3wkd)}
add column chgd 4 weeks ago{(-4wkd)}
add column chgd 5 weeks ago{(-5wkd)}
add column chgd 6 weeks ago{(-6wkd)}
add column chgd 7 weeks ago{(-7wkd)}
add column chgd 8 weeks ago{(-8wkd)}
and add column separator

/* SELECTION CRITERIA */

nightup above 60
average volume(90) above 1000000

/* SORT CRITERIA */

SORT COLUMN 5 DESCENDING
]




Fetcher[
/* Overnight vs Daily performance NIGHT CRAWLERS */

set{ opcl1, open - close 1 day ago }
set{ clop, close - open }
set{ hiop, high - open }
set{ oplo, open - low }
set{ locl, close - low }

set{ nightup, count( opcl1 above 0, 100) }
set{ dayup, count( clop above 0, 100) }

set{chgn, sum( opcl1 ,5)}
set{chgd, sum( clop ,5)}

set{chgn100, sum( opcl1 ,100)}
set{chgd100, sum( clop ,100)}
set{hiop100, sum( hiop ,100)}
set{oplo100, sum( oplo ,100)}
set{locl100, sum( locl ,100)}

/* DISPLAY COLUMNS */

and add column nightup
and add column dayup
and add column opcl1
and add column clop
add column chgn100
add column chgd100
add column hiop100
add column oplo100
add column locl100

and add column separator
/* SELECTION CRITERIA */

nightup above 60
average volume(90) above 1000000

/* SORT CRITERIA */

SORT COLUMN 5 DESCENDING
]





Fetcher[
/* Overnight vs Daily performance DAY RUNNERS */

set{ opcl1, open - close 1 day ago }
set{ clop, close - open }
set{ hiop, high - open }
set{ oplo, open - low }
set{ locl, close - low }

set{ nightup, count( opcl1 above 0, 100) }
set{ dayup, count( clop above 0, 100) }

set{chgn, sum( opcl1 ,5)}
set{chgd, sum( clop ,5)}

set{chgn100, sum( opcl1 ,100)}
set{chgd100, sum( clop ,100)}
set{hiop100, sum( hiop ,100)}
set{oplo100, sum( oplo ,100)}
set{locl100, sum( locl ,100)}

/* DISPLAY COLUMNS */

and add column nightup
and add column dayup
and add column opcl1
and add column clop
add column chgn100
add column chgd100
add column hiop100
add column oplo100
add column locl100

and add column separator
/* SELECTION CRITERIA */

dayup above 60
average volume(90) above 1000000

/* SORT CRITERIA */

SORT COLUMN 6 DESCENDING
]





Looks like the idea of statistical trading is becoming popular:

http://www.sfomag.com/article.aspx?ID=1208

If you use a symlist as your selection criteria, this filter becomes a display/report of your list's performance.

column chgn100 is sum of the overnight profit/loss
column chgd100 is sum of the daily profit/loss
column hiop100 is sum of the open to high profit/loss
column oplo100 is sum of the open to low profit/loss
column oplo100 is sum of the low to close profit/loss


symlist(GHM,GMXR,CNQR,CELG,RIMM,APEI,ISYS,WGOV,AFAM,BUCY,CF,IDSA,SYUT,KSU,EZPW,KNDL,OLN,FLS,DXPE,EME,ENS,BABY,URBN,IIVI,WLL,WAB,CMED,CYBS,CSH,CEDC,MPWR,ANSS,QSII,WBSN,IIIN,BWLD,FLIR,CLHB,CIR,RBN,APH,WRC,ARO,GTLS,HIL,LPHI,TISI,MANT,AXYS,AZZ,BRKR,BIDU,LMIA,MA,HLF,EDU,KOP,SONO,PLXS,JST,PWR,ATVI,FMC,UTHR,AMED,BKE,PMTC,IT,ENSG,NDSN,GRC,SOHU,ICLR,PRXL,SXE,VAR,BMI,SY,SYNA,NCIT,SCL,SWN,SNHY,ESRX,SKH,AAPL,MSCC,NFLX,CSX,ROC,NETL,KNXA,TDY,IWOV,TRLG,FORR,HUBG,NPK,PVA,ITRI)
StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 17 18 19 20 21 ... 40 >>Post Follow-up

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