StockFetcher Forums · Filter Exchange · 6% below yesterdays close...<< >>Post Follow-up
saico
55 posts
msg #110592
Ignore saico
1/27/2013 9:46:53 AM

How can I write a filter to buy a stock at 6% below yesterdays close?

Much thanks in advance!

Kevin_in_GA
4,553 posts
msg #110593
Ignore Kevin_in_GA
1/27/2013 11:10:15 AM

There are a bunch of ways to do this, but I think what you are asking is "how can I screen for when a stock's low for today is more than 6% below yesterday's close?"

This is how I do it:

Fetcher[
low is more than 6% below close 1 day ago
]



Now add whatever other selection criteria you like, or reference a preselected list of stocks you are watching using a watchlist ("watchlist(XYZ)" at the start of the filter). At a minimum you should screen out penny stocks and/or stocks with low volume. One way to do this is to look for stocks where the daily dollar value traded is over $1M

Fetcher[
low is more than 6% below close 1 day ago
close above 1
count(close*average volume(21) above 1000000,10) is above 9
]




saico
55 posts
msg #110594
Ignore saico
1/27/2013 11:25:59 AM

Hi Kevin,

thanks for the fast reponse. Actually I want to use it as entry criteria for the ConnorsRSI script to backtest the method.

Saico

scott111552
148 posts
msg #110629
Ignore scott111552
modified
1/28/2013 7:56:43 PM

close is more than 25% below close 2 days ago
and close is above .50
and average volume(30) is above 250000

Have a look at this filter, as well.....not exactly Connors work, but interesting just the same....Cheers

StockFetcher Forums · Filter Exchange · 6% below yesterdays close...<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus