StockFetcher Forums · Filter Exchange · Cooper 1-2-3-4's<< >>Post Follow-up
miko
68 posts
msg #54846
Ignore miko
9/16/2007 9:07:13 PM

I was coding 1-2-3-4's buy candidates from Cooper's Hit and Run Trading and came up with
Fetcher[Stock is not etf
Market is not OTCBB
Close >= 10
ADX(14) > 30
PDI(14) > MDI(14)
Set {T2,Count(Low < Low 1 Day Ago,3)}
Set {T4,Count(Low > Low 1 day ago,1)}
Set {T5,Count(High < High 1 day ago,1)}
Set {T6,T4 + T5}
Set {T7,Count(T6 > 1,3)}
Set {T8,Count(T7 > 0,1)}
Set {T9,T2 + T8}
T9 > 2
]



The problem is I have a basic subscription and get the error message "Your StockFetcher filter exceeds filter performance restrictions." It is the last statement that tests T9 that puts it over the limit. The set statements from T4 thru T9 are the nested set statements involved in the error. I neeed T4 and T5 to be true at the same time for an inside day, hence the T6 set statement. T7 tests how many inside days occurred over the last 3 days. T8 is used to count a maximum of 1 inside day. T9 then adds the total number of lower lows over the last 3 days and a maximum of 1 inside day over the last 3 days. If that total (T9) is greater than 2, then the condition of a combination of 3 lower days or 2+lower days and 1 inside day over the last 3 days has been met. I don't think I can make it any tighter, but maybe I'm missing something (won't be the first time :). Also, I wouldn't mind if somebody with an advanced subscription could at least verify the filter works. Unless I want to run separate filters for the buy and sell side, I need yet another level for sets -- I'd want to set a value if the buy condition is met, set another value if a sell condition is met, add the two and include anything where the sum is greater than 0 (is there some other way to do this?). Thx

betyerbottomdollar
169 posts
msg #54864
Ignore betyerbottomdollar
modified
9/16/2007 11:27:14 PM

Trade Statistics
There were 3122 total stocks entered. Of those, 2872 or 91.99% were complete and 250 or 8.01% were open.
Of the 2872 completed trades, 1614 trades or 56.20%resulted in a net gain.
Your average net change for completed trades was: 1.23%.
The average draw down of your approach was: -7.41%.
The average max profit of your approach was: 8.47%
The Reward/Risk ratio for this approach is: 1.27
Annualized Return on Investment (ROI): 8.17%, the ROI of ^SPX was: 10.07%.

That's 2 years with 10% profit n loss.



zhanglini
9 posts
msg #54879
Ignore zhanglini
9/18/2007 8:12:57 AM

between 1/1/06 and 9/17/07:
There were 9429 total stocks entered. Of those, 9316 or 98.80% were complete and 113 or 1.20% were open.
Of the 9316 completed trades, 5081 trades or 54.54%resulted in a net gain.
Your average net change for completed trades was: 0.46%.
The average draw down of your approach was: -4.02%.
The average max profit of your approach was: 4.47%
The Reward/Risk ratio for this approach is: 1.23
Annualized Return on Investment (ROI): 13.00%, the ROI of ^SPX was: 10.20%.

StockFetcher Forums · Filter Exchange · Cooper 1-2-3-4's<< >>Post Follow-up

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