StockFetcher Forums · Filter Exchange · Momentum<< 1 2 3 >>Post Follow-up
TheRumpledOne
6,362 posts
msg #35995
Ignore TheRumpledOne
5/13/2005 7:36:03 PM

I have been studying momentum the past few weeks.

Here's some code that you can add to your own filters or if you use the selection criteria run as a stand alone filter.

When the Momentum line crosses above the ZERO line that is a bullish signal.

Also when the Momentun line crosses above the Momentum Average line, that is bullish.

Fetcher[
/* Momentum Filter */

/* Momentum Days since last CrossOver of the Average Line*/

set{MoMoX, days(momentum(2) below cma(momentum(2),20), 100) - days(momentum(2) above cma(momentum(2),20), 100)}


/* Momentum Days since CrossOver of Zero line */

set{MoMoZ, days(momentum(2) below 0, 100) - days(momentum(2) above 0,100)}

/* Momentum Trend - Days Momentum up or down */

set{MoMoD1, momentum(2) 1 day ago}
set{MoMoT, days(momentum(2) below MoMoD1, 100) - days(momentum(2) above MoMoD1, 100)}


and add column MoMoX
and add column MoMoZ
and add column MoMoT

/* Momentum Selection Criteria - pick rising momentum */

MoMoT above 0

/* Momentum Selection Criteria - pick zero line crossover */

MoMoZ above 0

/* Price and Volume Selection Criteria */

close above 1
volume above 1000000

/* end filter */
]



Of course, add your own price and volume selection criteria.


MAY ALL YOUR FILLS BE COMPLETE.

Note: You know how much I like RSI(2), so I gave Momentum(2) a shot.






corsino
259 posts
msg #36100
Ignore corsino
5/24/2005 11:41:38 AM

Does anybody have a momentum filter that backtests well ?


bomber
1 posts
msg #36102
Ignore bomber
5/24/2005 5:23:21 PM

I have been follwing the Parabolic SAR and appears to work well for specific stocks or indexes and QQQQ. A filter with the Parabolic SAR going bullish (below price) or bearish (above price) along with MACD and ? could be a great filter.
Just using a simple Parabolic SAR filter works well, but further screening would make it more manageable with less stocks. Anyone with the knowledge to help would be appreciated.



mystiq
650 posts
msg #75468
Ignore mystiq
6/15/2009 8:01:42 PM

..for a falling momentum..would the code be reversed?

chetron
2,817 posts
msg #75477
Ignore chetron
6/15/2009 10:45:12 PM

THE REVERSE.....

Fetcher[

/* Momentum Filter */

/* Momentum Days since last CrossOver of the Average Line*/

set{MoMoX, days(momentum(2) below cma(momentum(2),20), 100) - days(momentum(2) above cma(momentum(2),20), 100)}


/* Momentum Days since CrossOver of Zero line */

set{MoMoZ, days(momentum(2) below 0, 100) - days(momentum(2) above 0,100)}

/* Momentum Trend - Days Momentum up or down */

set{MoMoD1, momentum(2) 1 day ago}
set{MoMoT, days(momentum(2) below MoMoD1, 100) - days(momentum(2) above MoMoD1, 100)}


and add column MoMoX
and add column MoMoZ
and add column MoMoT

/* Momentum Selection Criteria - pick rising momentum */

MoMoT BELOW 0

/* Momentum Selection Criteria - pick zero line crossover */

MoMoZ BELOW 0

/* Price and Volume Selection Criteria */

close above 1
volume above 1000000

/* end filter */
]



Eman93
4,659 posts
msg #75478
Ignore Eman93
6/15/2009 11:03:28 PM

I have been looking into this:

Chande Momentum Oscillator(5,5) < -99

for dip buying..... it seems to work well with uptrending stocks....

I dont have a filter built around it yet.....

SFMc01
296 posts
msg #75638
Ignore SFMc01
6/19/2009 10:58:05 AM

Does anyone have a momentum filter or loss of momentum filter that they like to use for trading the next day?

Respectfully, with no offense to anyone, but I have not found the above two filters to be very effective when I have tested them using a detailed strategy on TradeStation.

Thank you.

johnpaulca
11,312 posts
msg #75653
Ignore johnpaulca
6/19/2009 1:13:57 PM

Here is a simple momo filter that I use.

Fetcher[

Show stocks where close is above lower Bollinger band(12,0.1) for the last 20 days
Average volume(3) > 500000
close is above 1
optionable
]



mystiq
650 posts
msg #75671
Ignore mystiq
6/20/2009 2:14:18 AM

CHETRON- for /* Momentum Days since last CrossOver of the Average Line*/ the value returned is "-3.00" ...what does this represent? (-.-) ----->MoMox

mystiq
650 posts
msg #75672
Ignore mystiq
6/20/2009 2:22:20 AM

johnpaulca - how would you reverse the momentum : ? (-.-)
Show stocks where close is above lower Bollinger band(12,0.1) for the last 20 days
Average volume(3) > 500000
close is above 1
optionable

::I combine both ideas for a complete momentum filter::


StockFetcher Forums · Filter Exchange · Momentum<< 1 2 3 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus