StockFetcher Forums · Filter Exchange · Help with simple idea<< >>Post Follow-up
rdorosh
2 posts
msg #40652
Ignore rdorosh
1/23/2006 10:02:20 PM

I'd like some help with a filter that finds stocks in consolidation (ie: trading flat for about three months or so but previous trend before that was up)

Thanks,
Ryan




guru_trader
485 posts
msg #40657
Ignore guru_trader
1/23/2006 10:54:11 PM

Several really good consolidation filters have already been posted ... should be easy to find in the archives


nikoschopen
2,824 posts
msg #40668
Ignore nikoschopen
1/24/2006 6:33:29 PM

This will find stocks with a trading range less than 3% over the past 60 days or 3 months.

Fetcher[
set{hi, high 60 day high}
set{lo, low 60 day low}
set{diff, hi - lo}
set{%diff, diff / lo}
set{ratio, %diff * 100}
ratio is below 3

add column hi
add column lo
add column diff
add column %diff
add column ratio
]



With regards to the uptrend prior to the rectangle, I shan't think you'll have too much difficulty adding that clause into this filter.


JohnyYuma
57 posts
msg #40669
Ignore JohnyYuma
1/24/2006 9:11:08 PM

nik
The above filter is not working the way it is supposed to be - I am getting lo as a -ve figure - also ratio as more than 3
Appreciate your help
Thanks


nikoschopen
2,824 posts
msg #40670
Ignore nikoschopen
1/24/2006 9:43:30 PM

The "ratio" column would show the spread between the 3-month high and the 3-month low. For some reason it brings up a bunch of stocks with negative values, which I think is merely a fluke on the part of SF. However, none of them had values above 3. Also by looking at the charts, most of them had a relatively flat trading range for at least 3 months. Can you elaborate on what you thought wasn't working according to the original premise?

Also re-run the below filter which has the "sort column" command:
Fetcher[
set{hi, high 60 day high}
set{lo, low 60 day low}
set{diff, hi - lo}
set{%diff, diff / lo}
set{ratio, %diff * 100}
ratio is below 3

add column hi
add column lo
add column diff
add column %diff
add column ratio
sort column 9 descending

]





JohnyYuma
57 posts
msg #40679
Ignore JohnyYuma
1/25/2006 9:47:51 AM

nik
Thanks
- its working okay now - probably was an SF bug
Thx again


StockFetcher Forums · Filter Exchange · Help with simple idea<< >>Post Follow-up

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