corsino
259 posts
msg #35646
- Ignore corsino |
4/17/2005 9:26:44 PM
Rumpled One
WOW ! Your filter sure spits out a lot of stocks
The RSI (2) filter I posted earlier only spits out two:
ALTI @ 2.81
MCZ @ 1.24
Of course it's only for $3 and under stocks, and is no doubt a little different than what you are using.
I do have a filter that you posted some time back, and it spits out these $3 and under stocks :
ALTI
IVAN
MCZ
KANA
AUY
EGO
ACDI
FUEL
Several of these stocks are on your present list too.
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TheRumpledOne
6,529 posts
msg #35648
- Ignore TheRumpledOne |
4/18/2005 12:22:57 AM
I use more than one rsi(2) filter...
And I use chose close above .01 so I get lots of stocks...
I download the data to EXCEL because then I can sort on MORE THAN ONE COLUMN (hint SF let us sort on more than one column).
But if your rsi(2) filter works for you... keep using it! You don't have to write a new filter every day/week/month/year.
Most of my filter writing has been in improving the displays but the "guts" have almost always been the same... RSI(2) < N!!
But the WHITE CANDLE PIERCING UPPER BOLLINGER filter I wrote (see TXTrapper post) seems to be providing profitable trades.
The Volume and Price Spike filters are also identifying profitable trades.
Funny this is RSI(2) always gives a heads up on these stocks... ALWAYS!
Either off RSI(2) < 1 or a RSI(2) positive divergence.
Check the yearly/weekly QQQQ chart now... See the RSI(2) positive divergence? Bounce coming soon!
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TheRumpledOne
6,529 posts
msg #35657
- Ignore TheRumpledOne |
4/19/2005 2:57:29 PM
Well looks like ALTI and MCZ went up!
The QQQQ went up.
Anyone still doubt RSI(2)?
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TheRumpledOne
6,529 posts
msg #35659
- Ignore TheRumpledOne |
4/19/2005 8:16:13 PM
FRIDAY TUESDAY
BOOM 24.15 27.6
SCHN 27.10 28.39
FFIV 44.17 46.95
SINA 27.35 28.59
MRVL 32.92 34.64
ADBE 60.66 58.79
CRDN 18.46 18.87
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marine2
963 posts
msg #35660
- Ignore marine2 |
4/19/2005 10:10:13 PM
TheRumpledOne; we know you love RSI(2). It works for you and others so be proud of your achievements and you can now stop advertising so hard. The ones that don't believe it by now will never believe it. Nice work in showing the forum community your great filter find.
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bvonmoss
16 posts
msg #35661
- Ignore bvonmoss |
4/19/2005 10:32:31 PM
Wait, is there more to it than the 200 day low of RSI(2)? Didn't IBM have the lowest RSI(2) around Friday? Why was BOOM an RSI(2) candidate and not IBM? What else am I missing?
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TheRumpledOne
6,529 posts
msg #35662
- Ignore TheRumpledOne |
4/20/2005 12:26:17 AM
IBM has a NEGATIVE LINEAR REGRESSION.
Look at my posts... all the stocks are in an uptrend.
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TheRumpledOne
6,529 posts
msg #35663
- Ignore TheRumpledOne |
4/20/2005 12:40:38 AM
marine2 4/19/2005 10:10:13 PM
TheRumpledOne; we know you love RSI(2). It works for you and others so be proud of your achievements and you can now stop advertising so hard. The ones that don't believe it by now will never believe it. Nice work in showing the forum community your great filter find.
Marine2:
Perhaps if you ignored this thread you wouldn't be bothered by it... a little something for you to consider.
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marine2
963 posts
msg #35665
- Ignore marine2 |
4/20/2005 2:14:18 PM
TheRumpledOne, as they often say, ignorance is bliss. But, for me, ignorance is being halfway to being an alzheimers patient. Since your marketing your web site pretty hard I can see why your advertising so much. I dont believe this what this site is all about, giving people like yourself free ad space to bring people to your site and develope yourself into the business you so desire. No one in here has pushed their specific filter creation like you have so the proof is in the filter exchange you continue on with. When you say this thread is bothering me, well, not hardly, I like you, love the ability to express my opinions to a particular thread. So no, I say this, my comments back must be bothering you which isn't my purpose here. Also, since my last thread I did congratulate you on providing the forum members a nice filter to try out. But, I guess you missed that. It's all ok though. I am not into back slaps.
As you always say "may all your fills be complete", I will echo that.
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Way2Late
37 posts
msg #35670
- Ignore Way2Late |
4/20/2005 7:18:51 PM
Let’s take a look at the QQQQ’s for the last year. There have been 5 times in the last year the RSI(2) has been as low or lower than it was on Friday.
30 Apr 04 RSI(2) 1.96
Over the following 2 weeks the max gain was 2.14% The max loss was 2.09% If you closed out the position at the end of the 2 weeks you lost .71%
14 July 04 RSI(2) 2.00
Over the following 2 weeks the max gain was .93% The max loss was –4.59% If you closed out the position at the end of the 2 weeks you lost 2.66%
06 Aug 04 RSI(2) 1.43
Over the following 2 weeks the max gain was 4.05% the max loss was –1.4%. If you closed out the position at the end of the 2 weeks you gained 3.66%
04 Jan 05 RSI(2) 1.69
Over the following 2 weeks the max gain was .72% The max loss was –1.73. If you closed out the position at the end of the 2 weeks you lost 1.55%
15 Apr 05
Since Friday the max gain was 1.07% The max loss was -.4% Who knows what the next 7 days will hold.
I don’t know about anyone else, but these numbers don’t make me want to “load the boat” on the QQQQ’s based only on the RSI(2) indicator.
Oh, let me guess, now you’ll say Hey, it’s not what you trade it’s how you trade it, and in that case it’s not the filter now, is it?
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