StockFetcher Forums · Filter Exchange · Code<< 1 2 >>Post Follow-up
Mactheriverrat
955 posts
msg #129419
Ignore Mactheriverrat
6/25/2016 10:57:08 PM

Using the below code can anyone make some code as to tell when is the first day up or first day down.

set{fast1,cwma(close,3)}
set{fast2,2 * fast1}
set{fast3,cwma(close,5)}
set{valfast,fast2 - fast3}
set{fastavg,cwma(valfast,3)}

draw fastavg on plot price

jimvin
89 posts
msg #129809
Ignore jimvin
7/14/2016 12:21:26 AM

Cap'n, by way of courtesy I'll offer this reply:

Although I've gotten better at writing filters and developing models over the last few months, nothing I've tried for this works.

My apologies for lack of a more useful response -

jm.v.

Mactheriverrat
955 posts
msg #129810
Ignore Mactheriverrat
7/14/2016 1:54:49 AM

Thanks for trying .

four
3,394 posts
msg #129833
Ignore four
7/14/2016 11:14:34 PM

Fetcher[

set{fast1,cwma(close,3)}
set{fast2,2 * fast1}
set{fast3,cwma(close,5)}
set{valfast,fast2 - fast3}
set{fastavg,cwma(valfast,3)}

draw fastavg
draw indposition(fastavg,10) line at .98
draw indposition(fastavg,10) line at .02
set{abv1, count(indposition(fastavg,10) 1 day ago < .02,1)}
set{abv11, count(indposition(fastavg,10) crossed above .02,1)}
set{buy, abv1 * abv11}
draw buy
set{abv2, count(indposition(fastavg,10) 1 day ago > .98,1)}
set{abv22, count(indposition(fastavg,10) crossed below .98,1)}
set{sell, abv2 * abv22}
draw sell

]



ahcsim72
129 posts
msg #129837
Ignore ahcsim72
7/15/2016 2:47:55 AM

four, thanks for that filter..
now, how do you show stocks that JUST got tagged with a buy signal only?

four
3,394 posts
msg #129847
Ignore four
7/15/2016 12:36:52 PM

change: BUY > .5


pthomas215
451 posts
msg #129855
Ignore pthomas215
7/15/2016 9:48:53 PM

mac or Four: if you sorted this filter, what would you sort by that makes the most sense?

Mactheriverrat
955 posts
msg #129857
Ignore Mactheriverrat
7/17/2016 2:46:07 AM

Sorry but i'm not messing with these fast average's anymore.

I'm been messing Guppy GMMA and learning all I can about them.

pthomas215
451 posts
msg #129868
Ignore pthomas215
7/17/2016 7:19:34 PM

Mac, after doing some back testing, I am going to agree with you. Imo it is too inconsistent.

What is the concept behind guppy gmma?

jimvin
89 posts
msg #129870
Ignore jimvin
7/17/2016 10:22:05 PM

Material below is a summary from the guppytraders.com web-site. (This is not an endorsement; I neither subscribe to, use nor trade this system).

GUPPY MULTIPLE MOVING AVERAGE
This indicator was developed by Daryl Guppy. ... Captures the inferred behaviour of traders and investors by using two groups of averages. Uses fractal repetition to identify points of agreement and disagreement which precede significant trend changes.

APPLICATION
Applied to understand the nature and character of the trend. Used to assess the degree and extent of trading activity. Excessive trading activity can destabilise strong trends. Trend analysis enables more effective selection of appropriate trading strategies such as breakout, trend continuation etc. Can be applied to long side and short side trading. Can be applied to intraday trading. Also used for longer term investment style analysis.

TACTICS
Join established trends at points of price weakness
Join established trends breaking to new highs
Trade breakouts using rally dips and rebounds
Trade downtrend rallies as rallies rather than trend breaks
Recognise trend breaks as they develop

RULES
Degree and nature of separation in the long term group define trend strength and weakness
Degree and nature of separation in the short term group define the nature of trading activity.
Degree and nature of separation between the two groups of moving averages define the character of the trend.
Compression shows agreement on price and value.
Compression of both groups at the same time indicate major re-evaluation of stock and potential for a trend change
Trade in the direction of the long term group of averages
The relationships between the groups provide the necessary information about the nature and character of the trend.
Do not use as a moving average crossover tool

ADVANTAGES
Enables effective analysis of the trend environment
Improves selection of the appropriate trading tactics
Better understanding of trend strength
Effective evaluation of unusual price movements, such as dips and spikes
Effective understanding of trading activity and behaviour

DISADVANTAGES
Not effectively applied to trend less stocks
Cannot be applied to all trending stocks
Do not use as a moving average crossover signal

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