StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 8 9 10 11 12 ... 40 >>Post Follow-up
TheRumpledOne
6,362 posts
msg #54820
Ignore TheRumpledOne
9/15/2007 4:19:13 PM

SFMc01

TRO: I guess I'm the proverbial dummie who needs all explained to me in infinite detail, but, when you say: "Buy at market close, sell at the open the next session."

Are you saying to run this filter near the end of the day, select from the report for that day and buy stocks (not ever sell) before market close to hold over night, and then, sell at the open at market?
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I think you are talking about a different statistics filter.

That one showed which stocks have a tendency to gap up.

You buy them at the end of the day and sell them at the open of the next trading session.

You run the filter when the market is CLOSED. So if you ran it today (Saturday) then you pick stocks to buy at Monday's close.



SFMc01
296 posts
msg #54821
Ignore SFMc01
9/15/2007 5:00:02 PM

TRO: Thank you for being so responsive. Now I'll take another look at it.

Steve

SFMc01
296 posts
msg #54843
Ignore SFMc01
9/16/2007 7:57:34 PM

TRO: Thanks again. I'm running the filter you indicated as "/* 80% or greater selection criteria */"

Another question, please. Respectfully, you said: "You run the filter when the market is CLOSED. So if you ran it today (Saturday) then you pick stocks to buy at Monday's close.”

My question is this: Your statement means to only BUY stocks at Monday’s close when Monday’s Open is actually below Friday’s Close. Is this correct?

Steve


psheridan050
52 posts
msg #55092
Ignore psheridan050
9/23/2007 8:25:28 PM

TRO -

This is an excellent filter! Thanks for sharing as usual. I am using the filter you posted (page 8) that buys on the close and sells on the open.

I dont suppose you have tradestation code for this filter (or something like it) do you?? Thanks!

TheRumpledOne
6,362 posts
msg #55096
Ignore TheRumpledOne
9/23/2007 11:13:48 PM

"My question is this: Your statement means to only BUY stocks at Monday’s close when Monday’s Open is actually below Friday’s Close. Is this correct? "

You buy stocks AT THE OPEN!!

So if a stock gaps down at the open, you buy when it shows that it is holding green ( the price is NOT dropping anymore).





TheRumpledOne
6,362 posts
msg #55097
Ignore TheRumpledOne
9/23/2007 11:15:49 PM

psheridan050

TRO -

This is an excellent filter! Thanks for sharing as usual. I am using the filter you posted (page 8) that buys on the close and sells on the open.

I dont suppose you have tradestation code for this filter (or something like it) do you?? Thanks!
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All my code can be downloaded FOR FREE at www.kreslik.com

Just register there and look on the lefthand side of the homepage. Click on the download link and go to the TradeStation section. Download the MOTHERLODES and you'll have all of my posted code.





TheRumpledOne
6,362 posts
msg #55776
Ignore TheRumpledOne
10/17/2007 11:19:55 AM

Image and video hosting by TinyPic

Seeing is believing.

TheRumpledOne
6,362 posts
msg #55785
Ignore TheRumpledOne
10/17/2007 4:12:17 PM

Image and video hosting by TinyPic

Don't you just love statistics?

rwgamer
17 posts
msg #55806
Ignore rwgamer
10/18/2007 2:04:41 PM

It looks like this filter counts minor gaps up and down. I'm about to modify it to ignore gaps up or down less than 2% to filter out some of the noise. IMO, if a stock gaps down 1% and happens to fill, that is not very significant. If you have a version of your filter that already does this TRO let me know. I majored in Computer Science but prefer not to code unless necessary.

rwgamer
17 posts
msg #55808
Ignore rwgamer
modified
10/18/2007 2:36:32 PM

Is there any sort of debug mode on the stockfetcher compiler?

set{Xgappedpercent, ((Xgapped / close 1 day ago)*100)}

I don't know what's wrong with this syntax, but this line makes the filter return 0 matches.

Here is my little mod though to only count stocks that gapped down or up more than 2 percent:

set{Xgappedpercent, Xgapped / close 1 day ago}
set{Xgapup, count(Xgappedpercent > .02, 1)}
set{Xgapdn, count(Xgappedpercent < -.02, 1)}

Rick

StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 8 9 10 11 12 ... 40 >>Post Follow-up

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