StockFetcher Forums · Announcements · New Feature: Line Drawing Part II<< >>Post Follow-up
stockfetcher
963 posts
msg #29520
10/28/2003 9:46:40 AM

On StockFetcher you can now have your filters automatically draw lines based up measure or variable values.

Previously, lines were based on specific values. For example:

Fetcher[show stocks where RSI(14) is above 70
and draw RSI(14) line at 70
]



Now you can draw lines based upon measure values.

Note: this is only a cosmetic feature, it does not effect filter results.

Examples:

1. Draw lines based on price values.

Fetcher[show stocks where MA(10) crossed above MA(50)
and draw price line at high
and draw price line at low
]



2. Draw lines based on previous values of a measure.

Fetcher[show stocks where the RSI(14) is above 70
and draw RSI(14) line at RSI(14) 1 day ago
]



3. Create custom channels based on a measure.

Fetcher[
set{myhigh,high 60 day high}
set{mylow, low 60 day low}
set{upper,myhigh * 0.99}
set{lower,mylow * 1.01}
show stocks where MA(10) crossed above MA(50)
and draw price line at upper
and draw price line at lower
]



4. And one last example:
Fetcher[show stocks where low crossed above upper Bollinger Band(20)
and draw price line at Upper Bollinger Band(20)
and draw price line at Lower Bollinger Band(20)
]



Please let us know if you have any questions or comments!

StockFetcher.com Support


StockFetcher Forums · Announcements · New Feature: Line Drawing Part II<< >>Post Follow-up

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