StockFetcher Forums · Filter Exchange · 90% chance to make 1%<< 1 2 3 >>Post Follow-up
moqual
38 posts
msg #59799
Ignore moqual
2/19/2008 8:51:24 PM

Long Filter yesterday - HUBG on top
Today HUBG long profit = 3.4%

Short Filter yesterday - KMX on top
Today KMX short profit = 2.0%

better milk KMX while you can, it won't last forever

SFMc01
296 posts
msg #59830
Ignore SFMc01
2/20/2008 9:05:10 PM

Hopefully I'm wrong ... but, the backtest I ran for a two year period only shows that 69% of the stocks selected had highs at least 1% over the open. As you know, it may be difficult making a profit when only making 1% on 69% of the trades. I couldn't find any stop loss number that would make this filter profitable using StockFetcher's flawed one day holding period backtesting method. Holding more than 1 day failed miserably. I also was not successful adding and varying some criteria.

SFMc01
296 posts
msg #59831
Ignore SFMc01
2/20/2008 9:06:29 PM

Follow up: Has anyone else backtested this?

dwiggains
391 posts
msg #59861
Ignore dwiggains
2/21/2008 7:22:37 PM

Hi
I tried paper trading this today. I did not do very good.
Anyone else trade today.
Thanks
See ya
David

nikoschopen
2,824 posts
msg #59862
Ignore nikoschopen
2/21/2008 9:08:57 PM

Well, as far as I can tell, the past and the future were never on friendly terms.


moqual
38 posts
msg #59864
Ignore moqual
modified
2/21/2008 9:55:01 PM

There's no point in backtesting.

Backtesting is used to determine the accuracy of past technical indicator buy/sell signals.

This filter is purely a statistical list of given short term trends

moqual
38 posts
msg #59865
Ignore moqual
2/21/2008 10:00:22 PM

Top of long list before today's open: HUBG
HUBG produced 2.66% long profit

Top of short list before today's open: KMX
KMX produced 3.85% short profit today


Not too sure why it was not successful.
Please elaborate



moqual
38 posts
msg #59972
Ignore moqual
2/26/2008 2:57:32 PM

Is anyone using these filters?

johnpaulca
11,296 posts
msg #59987
Ignore johnpaulca
2/26/2008 8:35:43 PM

moqual...are you trading with this filter ??? it had some good picks. How do you decide which stocks to trade from this scan. I added an ema(100) to the filter to filter stocks in a down trend. Would be kind to post an example chart for us see your entry and exit strategy. tia

psychtrader
4 posts
msg #61360
Ignore psychtrader
modified
4/11/2008 10:58:49 AM

moqual, can you email me about these filters?
psychtrader(AT)gmail.com

I am looking for some explanation and possible customizations. Thanks!

StockFetcher Forums · Filter Exchange · 90% chance to make 1%<< 1 2 3 >>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