StockFetcher Forums · Filter Exchange · Bouncing filter and RSI(2)<10, high ROI<< >>Post Follow-up
shelupinin
120 posts
msg #36343
Ignore shelupinin
6/15/2005 4:17:00 AM

this filter shows stock which are bouncing , RSI(2)<10 filters stock which at the bottom, so there is high probability that it will bounce up

Fetcher[set{ClOp,close - open}
set{x1,clop / open}
set{pct, x1 * 100}
set{y,count(pct is above 5, 20)}
y > 2
and rsi(2) is below 10
and price is above 5
and volume is above 100000
]



Try to backtest this filter with 1% stop loss, without any profit stop and maximum holding perion 1 day. Depending of the time frame of test this filter will show ROI from 400% to 1000%, for example for backtest period from 06/03/2004 to 06/03/2005 the ROI=1052.26% ! Not bad result for filter which uses marginable stocks over 5 USD !!!



StockFetcher Forums · Filter Exchange · Bouncing filter and RSI(2)<10, high ROI<< >>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 2022 - 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


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.