StockFetcher Forums · Filter Exchange · Hammer after small draw down.<< 1 2 >>Post Follow-up
Billirider321
62 posts
msg #111342
Ignore Billirider321
modified
2/12/2013 10:31:04 PM

Looking for your input to improve this filter.

1. Hammer with strong close.
2. After a small draw down
3. possibly increase volume.

For today I will only select -

MMC (best one)
G
COP(may be)




Fetcher[
set{body_bottom,min(open,close)}
set{body_top,max(open,close)}
set{body_size,body_top - body_bottom}
set{lshadowsize, body_bottom - low}
/* *********** had a typo here ********* */
set{body_size2, body_size * 2}
set{close_half_percent, close * 0.005 }
set{high_minushalfpercent, High - close_half_percent}
set{tshadowsize, high - body_top}
tshadowsize is less then high_minushalfpercent
and close is greater then body_size
and body_size is greater then 0
and close is greater then open
and offset 0 days ago
and volume is more than 120% above average volume(30)
and close > 5
and average volume(30) > 500000
and stock is optionable
]



Billirider321
62 posts
msg #111343
Ignore Billirider321
2/12/2013 10:43:12 PM



on 2/8/13

RSG

on 2/7/13
SBH ( May be)
SNY

on 2/6/13
LBTYK (best looking)
GME
SFLY
EW( this would be aloos..but chart looked good)
HBI


Billirider321
62 posts
msg #111357
Ignore Billirider321
2/13/2013 6:35:47 PM

Nothing is selected or interesting for tomorrow.

duke56468
683 posts
msg #111367
Ignore duke56468
2/14/2013 9:15:01 AM

another way to develope the hammer

Fetcher[
show stocks where the high minus close is less than 0.001
and close is more than 0.5% above open
and open minus low is more than 50% above close minus open
and volume is more than 120% above average volume(30)
and close > 5
]



boston
34 posts
msg #111389
Ignore boston
2/14/2013 1:31:42 PM

if you add theses to the filter that is in duke56468 post above you should have 24 or 25picks in last 68 days that do not have to bad of results.
add volume >= 100000
volume has reached new 2 month high

Billirider321
62 posts
msg #111401
Ignore Billirider321
2/14/2013 9:35:47 PM

Thanks for the filter and testing it.

I was tempted to buy GNC and WIN as per todays filter.

I am trying to see what would be a reasonable profit and and stop exit plan. Its picking some very strong candidate.
This filter should work great in current market environment.

Billirider321
62 posts
msg #111521
Ignore Billirider321
2/19/2013 3:53:33 PM

Only Maybe candidate are

LINN
RBN

Billirider321
62 posts
msg #111551
Ignore Billirider321
2/20/2013 3:58:40 PM

TXRH could be a good candiddate.

Billirider321
62 posts
msg #111587
Ignore Billirider321
2/21/2013 11:25:51 AM

Looks like TXRH is doing well. Yesterday LINE was doing good. I am just papertrading and think about options to improve results. May be hedging this picks with vxx may help. Not sure will look more into it.

Any comments and ideas are welcomed.

Billirider321
62 posts
msg #111610
Ignore Billirider321
modified
2/21/2013 3:59:57 PM

Today could be a good day..

1. CAKE (I might take this oone)
2. PKG

changed my Mind -- I am thinking of going long with FIG in the morning.

StockFetcher Forums · Filter Exchange · Hammer after small draw down.<< 1 2 >>Post Follow-up

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