StockFetcher Forums · Filter Exchange · Day of the week trade<< 1 2 >>Post Follow-up
miketranz
716 posts
msg #87605
Ignore miketranz
2/1/2010 7:58:40 PM

Larry Williams in his book "Long term secrets to short term trading" states that certain days of the week are positive for the market.I don't know if anyone is aware,but most Mondays are a high percentage day up.Anyone know of a filter for this?

Kevin_in_GA
4,553 posts
msg #87606
Ignore Kevin_in_GA
2/1/2010 8:13:32 PM

This can't be done in SF.

gmg733
623 posts
msg #87613
Ignore gmg733
2/1/2010 10:10:30 PM

I was actually thinking the same thing in conjunction with one of TRO's Swing Trade filters. But as Kevin has alluded too, I don't think it can be done.

I think if you can couple TRO's Swing Trade stat scan with a 'day' of the week variable or offset for weekly data you can put the odds more in your favor.

miketranz
716 posts
msg #87616
Ignore miketranz
2/1/2010 10:49:03 PM

I'm going to do a manual look back on the SPY to see what days put the odds in favor of the long side.Monday's are a long side biased day.What the other four days are,I'm going to do some digging.Thanks for the input.....

lillian
26 posts
msg #87624
Ignore lillian
2/1/2010 11:43:32 PM

where wld one find "TROs Swing Trade filter? thanks!

gmg733
623 posts
msg #87651
Ignore gmg733
2/2/2010 10:44:41 AM

lillian

Use the search button and happy reading. There is a ton of content on the forum. So pointing you to a specific place would be useless.



xvictorx
7 posts
msg #87716
Ignore xvictorx
2/2/2010 10:28:09 PM

In addition to markets, I believe stocks also have certain days of the week that are better than others.
With thanks, influence and coding mainly from TRO (thanks also to muddy, NIKO, Alf44, Chetron, JP, Jim Button and a cast of hundreds since I joined SF in 2003) I adopted five filters. One for each day of the week going back 45 days. Filters are Today, 1 day ago, 2 days ago, 3 days ago, 4 days ago.

I usually buy call options near the close and sell the next morning. I use market direction, filter stat info, rsi(2), other TRO stat filters, 5, 15, 30 minute charts, plus option delta to take a profit. I take a small predetermined amount . And yes I tend to leave money on the table, but better conservative and rich than greedy and poor.

I use high today yesterdays close as a starting point, but open high, high low, etc can be used as desired. These filters are not setup to be viewed on a chart, only in text form. One can easily see the patterns when viewing all five filters. The only negative is a holiday will throw the days off for a week (5 days).

For reference here are two of the five filters:

/* Today 5-45 days created 081408 xvictorx*/

apply to symlist(aapl,cme,rimm,bidu,goog,)

set{HiClT, high - close 1 day ago }
set{HiCl5, high 5 day ago - close 6 days ago }
set{HiCl10, high 10 days ago - close 11 days ago }
set{HiCl15, high 15 days ago - close 16 days ago }
set{HiCl20, high 20 days ago - close 21 days ago }
set{HiCl25, high 25 days ago - close 26 days ago }
set{HiCl30, high 30 days ago - close 31 days ago }
set{HiCl35, high 35 days ago - close 36 days ago }
set{HiCl40, high 40 days ago - close 41 days ago }
set{HiCl45, high 45 days ago - close 46 days ago }

add column close 1 day ago {cl yest}
add column open
add column high
add column low
add column close
add column separator
add column HiClT
add column HiCl5
add column HiCl10
add column HiCl15
add column HiCl20
add column HiCl25
add column HiCl30
add column HiCl35
add column HiCl40
add column HiCl45

/* to see rsi(2) trend */
add column rsi(2)
add column rsi(2) 5 day ago {rsi(2)5}
add column rsi(2) 10 days ago {rsi(2)10}
add column rsi(2) 15 days ago {rsi(2)15}
add column rsi(2) 20 days ago {rsi(2)20}

sort column 1 Ascending
SECOND FILTER:
/* 1 day ago 5-45 days created 081408 xvictorx*/

apply to symlist(aapl,cme,rimm,bidu,goog)

set{HiCl1, high 1 day ago - close 2 day ago }
set{HiCl6, high 6 day ago - close 7 days ago }
set{HiCl11, high 11 days ago - close 12 days ago }
set{HiCl16, high 16 days ago - close 17 days ago }
set{HiCl21, high 21 days ago - close 22 days ago }
set{HiCl26, high 26 days ago - close 27 days ago }
set{HiCl31, high 31 days ago - close 32 days ago }
set{HiCl36, high 36 days ago - close 37 days ago }
set{HiCl41, high 41 days ago - close 42 days ago }
set{HiCl46, high 46 days ago - close 47 days ago }

add column HiCl1
add column HiCl6
add column HiCl11
add column HiCl16
add column HiCl21
add column HiCl26
add column HiCl31
add column HiCl36
add column HiCl41
add column HiCl46

add column rsi(2) 1 day ago {rsi(2)1}
add column rsi(2) 6 days ago {rsi(2)6}
add column rsi(2) 11 days ago {rsi(2)11}
add column rsi(2) 16 days ago {rsi(2)16}
add column rsi(2) 21 days ago {rsi(2)21}

sort column 1 Ascending

Any comment s are welcome.


miketranz
716 posts
msg #87722
Ignore miketranz
2/2/2010 11:20:30 PM

Victor,interesting,now you want to say that in English?

Eman93
4,659 posts
msg #87724
Ignore Eman93
2/2/2010 11:50:45 PM

xvictorx
- Ignore xvictorx 2/2/2010 10:28:09 PM

In addition to markets, I believe stocks also have certain days of the week that are better than others.
With thanks, influence and coding mainly from TRO (thanks also to muddy, NIKO, Alf44, Chetron, JP, Jim Button and a cast of hundreds since I joined SF in 2003) I adopted five filters. One for each day of the week going back 45 days. Filters are Today, 1 day ago, 2 days ago, 3 days ago, 4 days ago.

I usually buy call options near the close and sell the next morning. I use market direction, filter stat info, rsi(2), other TRO stat filters, 5, 15, 30 minute charts, plus option delta to take a profit. I take a small predetermined amount . And yes I tend to leave money on the table, but better conservative and rich than greedy and poor.

I use high today yesterdays close as a starting point, but open high, high low, etc can be used as desired. These filters are not setup to be viewed on a chart, only in text form. One can easily see the patterns when viewing all five filters. The only negative is a holiday will throw the days off for a week (5 days).

For reference here are two of the five filters:



Any comment s are welcome.


Clickable..... Chet must be sleeping.....

Fetcher[/* Today 5-45 days created 081408 xvictorx*/

apply to symlist(aapl,cme,rimm,bidu,goog,)

set{HiClT, high - close 1 day ago }
set{HiCl5, high 5 day ago - close 6 days ago }
set{HiCl10, high 10 days ago - close 11 days ago }
set{HiCl15, high 15 days ago - close 16 days ago }
set{HiCl20, high 20 days ago - close 21 days ago }
set{HiCl25, high 25 days ago - close 26 days ago }
set{HiCl30, high 30 days ago - close 31 days ago }
set{HiCl35, high 35 days ago - close 36 days ago }
set{HiCl40, high 40 days ago - close 41 days ago }
set{HiCl45, high 45 days ago - close 46 days ago }

add column close 1 day ago {cl yest}
add column open
add column high
add column low
add column close
add column separator
add column HiClT
add column HiCl5
add column HiCl10
add column HiCl15
add column HiCl20
add column HiCl25
add column HiCl30
add column HiCl35
add column HiCl40
add column HiCl45

/* to see rsi(2) trend */
add column rsi(2)
add column rsi(2) 5 day ago {rsi(2)5}
add column rsi(2) 10 days ago {rsi(2)10}
add column rsi(2) 15 days ago {rsi(2)15}
add column rsi(2) 20 days ago {rsi(2)20}

sort column 1 Ascending
SECOND FILTER:
/* 1 day ago 5-45 days created 081408 xvictorx*/

apply to symlist(aapl,cme,rimm,bidu,goog)

set{HiCl1, high 1 day ago - close 2 day ago }
set{HiCl6, high 6 day ago - close 7 days ago }
set{HiCl11, high 11 days ago - close 12 days ago }
set{HiCl16, high 16 days ago - close 17 days ago }
set{HiCl21, high 21 days ago - close 22 days ago }
set{HiCl26, high 26 days ago - close 27 days ago }
set{HiCl31, high 31 days ago - close 32 days ago }
set{HiCl36, high 36 days ago - close 37 days ago }
set{HiCl41, high 41 days ago - close 42 days ago }
set{HiCl46, high 46 days ago - close 47 days ago }

add column HiCl1
add column HiCl6
add column HiCl11
add column HiCl16
add column HiCl21
add column HiCl26
add column HiCl31
add column HiCl36
add column HiCl41
add column HiCl46

add column rsi(2) 1 day ago {rsi(2)1}
add column rsi(2) 6 days ago {rsi(2)6}
add column rsi(2) 11 days ago {rsi(2)11}
add column rsi(2) 16 days ago {rsi(2)16}
add column rsi(2) 21 days ago {rsi(2)21}

sort column 1 Ascending
]




Eman93
4,659 posts
msg #87726
Ignore Eman93
2/2/2010 11:58:50 PM

Very intesting......... hard to see what days are the best.......

Are you trading in the money options?

StockFetcher Forums · Filter Exchange · Day of the week trade<< 1 2 >>Post Follow-up

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