| StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER | << 1 ... 34 35 36 37 38 ... 40 >>Post Follow-up |
| TheRumpledOne 6,529 posts msg #97206 - Ignore TheRumpledOne |
10/26/2010 7:11:39 PM POP |
| TheRumpledOne 6,529 posts msg #97579 - Ignore TheRumpledOne |
11/21/2010 10:39:06 AM FYI http://www.sfomag.com/eSFO/eSFO2010_11.aspx?pg=47 |
| taylorsk 106 posts msg #97635 - Ignore taylorsk |
11/27/2010 11:32:29 AM Like that article TRO.. HOw about this filter to count index gaps, gaps filled, and closes that went in the direction of the gap? I woul suggest fading the gaps when the statistics indicate it is a higer probability than gaps succeeding in thier direction. I have been fading gaps and milking cows for a while with success. I have always been an indexw atcher and now this gives me some index statistics to help me decide on what type of gaps to look for gaps up or down... Thanks again... |
| TheRumpledOne 6,529 posts msg #97656 - Ignore TheRumpledOne |
11/28/2010 11:21:47 AM You left out the diamonds!! |
| taylorsk 106 posts msg #97662 - Ignore taylorsk |
11/28/2010 4:41:09 PM True. Left out the diamonds....generally just have these 2 on the screen. trying to reduce clutter, plus trade Nasdaq stocks mostly. I have also generated a filter on gaps that fil vs. gaps that result in a close in the direction of the gap. Theory being if a stock statistically gaps, fills, but then recoveres and closes in the direction of teh gap, you might get stopped out more often.... I like to trade gaps that fill, but statistically dont recover and close in the direction of the gap... A positve value for Gap***strengh means the stock does not close in the direction of the gap as often as it gives up the gap statistically speaking in the last 100 days... |
| taylorsk 106 posts msg #97700 - Ignore taylorsk |
12/1/2010 11:40:11 AM Milked JKS this morning.  |
| TheRumpledOne 6,529 posts msg #97723 - Ignore TheRumpledOne |
12/2/2010 10:18:55 AM Nice trading! |
| taylorsk 106 posts msg #97725 - Ignore taylorsk |
12/2/2010 10:54:25 AM Hey RumpledOne... Found an error in my logic on the statistics filter looking for stocks that gap and looking for stocks that fill the gap but do not close in the direction of the gap. I was using the code set{gapuphold5, count(close > open, 5)} set{gapdownhold5, count(close < open, 5)} using the 5 period so I could manually check the numbers. This returns all days that the close>open or close< open and not just the gap days. . I am trying to figure out a way to count only days that a stock closes in the direction of the gap I have read the AND OR screens you wrote, but cannot get it to work or at least Have not as of yet figured it out to work..... What I am trying to figure is If a stock gaps up how often does it fill the gap down and not close higher If a stock gaps down how often does it fill the gap up and not close lower I would of coarse like to tie this into your overall Fade the Gap filter..... Here is the 5 period scan I use to manually check things. |
| taylorsk 106 posts msg #97762 - Ignore taylorsk |
12/3/2010 9:53:37 AM Further reaserch looks like I cant do the above due to the nesting issue. Off to Exel I go. |
| TheRumpledOne 6,529 posts msg #98039 - Ignore TheRumpledOne modified |
12/17/2010 8:06:32 AM |
| StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER | << 1 ... 34 35 36 37 38 ... 40 >>Post Follow-up |