StockFetcher Forums · Filter Exchange · Pullback theory<< >>Post Follow-up
jimhsu
14 posts
msg #29146
Ignore jimhsu
10/7/2003 9:08:19 PM

This performed better than I expected. Anyone care to test/refine this?

RSI(5) 3 days ago > 75
RSI(2) 3 days ago > 95
and Volume 3 days ago > 250% above Average Volume(50)
Price > 1
Volume > 50000
Price has been decreasing for the last 2 days



mika
131 posts
msg #29149
Ignore mika
10/7/2003 10:02:21 PM

RWAV

Would you go short or long? :)


jimhsu
14 posts
msg #29150
Ignore jimhsu
10/7/2003 10:10:03 PM

I would.. wait. Until it either pulls back or breaks out.

Sometimes waiting is the best trading strategy.


risjr
123 posts
msg #29151
Ignore risjr
10/7/2003 10:24:39 PM

Yes, but overall, is your approach to go long or short with the filter?

Thanks in advance

Ron


mika
131 posts
msg #29152
Ignore mika
10/7/2003 10:28:51 PM

The breakout already occurred. ;) And a nice "hammer" was planted on the 30th. It is now waiting for you input.


jimhsu
14 posts
msg #29156
Ignore jimhsu
10/7/2003 11:28:59 PM

For the filter ... long. Well, thats a definition of a pullback. :)



jimhsu
14 posts
msg #29157
Ignore jimhsu
10/7/2003 11:29:57 PM

But of course, i need to tweak the filter a bit so that it filters out higher-probability events... any idea how to do that without getting "0 hits" all the time?


StockFetcher Forums · Filter Exchange · Pullback theory<< >>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