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outlaw69
10 posts
msg #36644
- Ignore outlaw69

7/2/2005 2:58:09 PM

shelupinin: I used your filter with 2% stop loss; max hold 2 days
and $5 to $40 price I had great results. I had used RSI(2)<1 several ways but had never added RSI(15). Look at some of the INDIVIDUAL TRADES beyond 2 days.The % profit increases greatly on many of them. Thanks for the tip.

Approach Information

Approach Name: RSI(2) < 1 and RSI(15) <30

Test started on 04/29/2005 ended on 05/10/2005, covering 7 days

Filter used:

RSI(2) < 1 and RSI(15) below 30 and price is between 2 and 40 and volume is above 100000

Trade Statistics

There were 104 total stocks entered. Of those, 96 or 92.31% were complete and 8 or 7.69% were open.

Of the 96 completed trades, 44 trades or 45.83%resulted in a net gain.

Your average net change for completed trades was: 1.52%.

The average draw down of your approach was: -3.30%.

The average max profit of your approach was: 4.56%

The Reward/Risk ratio for this approach is: 2.39

Annualized Return on Investment (ROI): 335.87%, the ROI of ^IXIC was: 83.04%.

Exit Statistics

Stop Loss was triggered 46 times or 47.92% of the time.

Stop Profit was triggered 0 times or 0.00% of the time.

Trailing Stop Loss was triggered 0 times or 0.00% of the time.

You held for the maximum period of time (2 days) 50 times or 52.08% of the time.

An exit trigger was executed 0 times or 0.00% of the time.

Statistics By Holding Period
	Completed	2 day chg	5 day chg	10 day chg	25 day chg	40 day chg
Winners:	44	65	68	67	79	74
Losers:	52	35	34	37	25	20
Win/Loss Ratio:	0.85:1	1.86:1	2.00:1	1.81:1	3.16:1	3.70:1
Net Change:	1.52%	1.36%	2.65%	2.77%	9.86%	12.04%

Statistics By Variable: Match Price
	<4	<8	<12	<16	<20	<24	<28	<32	<36	<40
Completed	5:11	12:19	8:7	6:7	5:3	4:0	2:2	1:2	0:1	1:0
2 day chg	11:7	18:11	11:5	10:4	5:3	3:1	2:2	2:1	2:1	1:0
5 day chg	14:5	17:14	10:5	11:3	7:1	3:1	2:2	1:2	2:1	1:0
10 day chg	12:7	19:13	11:5	10:4	6:2	2:2	2:2	1:2	3:0	1:0
25 day chg	15:4	25:7	14:2	10:4	6:2	3:1	2:2	1:2	2:1	1:0
40 day chg	13:2	22:9	14:1	10:2	6:2	3:1	2:2	2:1	1:0	1:0

Statistics By Variable: Average Volume
	<1000000	<2.0M	<3.0M	<4.0M	<5.0M	<6.0M	<7.0M	<8.0M	<9.0M	<10.0M
Completed	40:47	1:5	-	1:0	1:0	-	-	-	-	1:0
2 day chg	59:31	3:4	-	1:0	1:0	-	-	-	-	1:0
5 day chg	62:30	3:4	-	1:0	1:0	-	-	-	-	1:0
10 day chg	59:35	6:1	-	1:0	1:0	-	-	-	-	0:1
25 day chg	72:22	6:1	-	1:0	0:1	-	-	-	-	0:1
40 day chg	67:18	5:1	-	1:0	1:0	-	-	-	-	0:1

outlaw69
10 posts
msg #36713
- Ignore outlaw69 7/4/2005 3:17:36 PM

Forgot to point out. This return was done with 46% wins and 56% losses, and would be greatly increased with better enty timing of each individual stock and "as the RumpledOne say" good money management!
The time period shown on this trial is during an uptrend in the overall market, so I tested a couple of months earlier when the overall market was in a downtrend and had only 27% winners and 73% loosers but the overall return was over +250%. Tight stop-loss and good money management.

TheRumpledOne
6,529 posts
msg #39197
- Ignore TheRumpledOne 11/29/2005 3:56:13 PM

Never forget RSI(2) - The Little Indicator That Could

TheRumpledOne
6,529 posts
msg #39223
- Ignore TheRumpledOne

11/30/2005 3:32:55 PM

This is returning winners...

Fetcher[
set{vx, volume / average volume(100)}
set{%vol, vx * 100}
add column %vol

set{r3,cema(RSI(2),3)}
set{r13,cema(RSI(2),13)}
and draw r3
and draw r13 on plot r3

/* modifications below this line */

r3 crossed above r13
volume above 1000000
average volume above 1000000
close above 20

sort column 9 ascending

/* STOCK DASHBOARD DISPLAY for newbies and old pros */

set{E36b,days(ema(3) is above ema(6),100)}
set{E36a,days(ema(3) is below ema(6),100)}
set{E3xE6, E36a - E36b}

set{E50200b,days(ma(50) is above ma(200),100)}
set{E50200a,days(ma(50) is below ma(200),100)}
set{M50xM200, E50200a - E50200b}

set{E1326b,days(ema(13) is above ema(26),100)}
set{E1326a,days(ema(13) is below ema(26),100)}
set{E13xE26, E1326a - E1326b}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{CxC, CCa - CCb}

set{E5b,days(close is above ema(5),100)}
set{E5a,days(close is below ema(5),100)}
set{CxE5, E5a - E5b}

set{E50b,days(close is above ma(50),100)}
set{E50a,days(close is below ma(50),100)}
set{CxM50, E50a - E50b}

set{E200b,days(close is above ma(200),100)}
set{E200a,days(close is below ma(200),100)}
set{CxM200, E200a - E200b}

set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolZ, days(volume < 1,100)}
set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VolCnt, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

set{PARBuy, count(close crossed above Parabolic SAR, 5) }
set{DMIBuy, count( di(14) Difference crossed above 0 , 5) }
set{DMIBuyX, count( di(14) Difference above 0 , 1) }

set{PARSell, count(close crossed below Parabolic SAR, 5) }
set{DMISell, count( di(14) Difference crossed below 0, 5) }
set{DMISellX, count( di(14) Difference below 0, 1) }

set{PARSBuy1, PARBuy * DMIBuy}
set{PARSBuy, PARSBuy1 * DMIBuyX}

set{PARSSell1, PARSell * DMISell}
set{PARSSell, PARSSell1 * DMISellX}

set{PARSTrade, PARSBuy + PARSSell}

set{HiOp, high - open}

set{WRb,days(Williams %R(10) is above Williams %R(10) 1 day ago,100)}
set{WRa,days(Williams %R(10) is below Williams %R(10) 1 day ago,100)}
set{WRxWR, WRa - WRb}

and add column VolCnt
and add column Vdbl
and add column volpct

and add column HiOp
and add column Trend

and add column CxC {CxC_}
and add column CxE5 {CxE5}

and add column E3xE6 {E3xE6}
and add column E13xE26 {E13xE26}

and add column CxM50
and add column CxM200
and add column M50xM200

add column rsi(2)
add column weekly rsi(2)

add column PARSBuy
add column PARSSell

add column WRxWR

and draw RSI(2)
and draw ema(5)

and draw Williams %R(10)

and draw Parabolic SAR
and draw +di(14)

and draw -di(14)
and draw adx(14)
and draw di(14) difference

]

I wait for the stock to move up .10 BEFORE I enter.

Look at the HiOp column and you will see why!!

MAY ALL YOUR FILLS BE COMPLETE.

BFreshour
139 posts
msg #39227
- Ignore BFreshour 11/30/2005 5:49:01 PM

Hey! Isn't that my filter? Why no props? :) Just kidding!

TheRumpledOne
6,529 posts
msg #39236
- Ignore TheRumpledOne 12/1/2005 12:12:02 AM

Yes, it is your filter that I slightly modified.

riggs
313 posts
msg #39298
- Ignore riggs 12/3/2005 1:15:49 PM

Nice to see people are starting to catch on to the POWERFUL 3/13 crossover.

shelupinin
120 posts
msg #39465
- Ignore shelupinin

12/11/2005 7:05:29 AM

outlaw69, even better filter for you :)

with 1-2% stop loss and 1-2 days holding period you may see great results
Alex

TheRumpledOne
6,529 posts
msg #41574
- Ignore TheRumpledOne 2/25/2006 1:52:51 PM

Since there are so many new people, I will POP TO THE TOP some informative threads.

judgetrade
107 posts
msg #41607
- Ignore judgetrade 2/27/2006 2:27:21 PM

thank you TRO!

StockFetcher Forums · Filter Exchange · RSI(2) - The Little Indicator That Could

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