StockFetcher Forums · Filter Exchange · RSI(2) REVISITED<< 1 2 3 4 5 ... 12 >>Post Follow-up
TheRumpledOne
6,362 posts
msg #37687
Ignore TheRumpledOne
8/28/2005 4:34:39 PM

Fetcher[
/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) }

/* NORMALIZE momentum(12) */

set{moval, INDPOSITION(momentum(12), 60) }

/* NORMALIZE rsi(2) */

set{rsval, RSI(2) }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) }

/* CALCULATE 10/60/200 day trend */
set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{u1, T200 * 1}
Set{u2, T60 * 10}
Set{u3, T10 * 100}

Set{uu, u1 + u2}
Set{TREND, uu + u3}

/* CALCULATE DAILY WEEKLY BOTTOM TAIL SIZE */
set{BTSize, close - low}
set{WBTSize, weekly close - weekly low}

/* PRICE CALCULATIONS */
set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{CLxCL, CCa - CCb}

/* VOLUME CALCULATIONS */
set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolZ, days(volume < 1,100)}
set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VlXvl, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

/* EMA CROSSOVER CALCULATIONS */
set{E1326b,days(ema(13) is above ema(26),100)}
set{E1326a,days(ema(13) is below ema(26),100)}
set{E13xE26, E1326a - E1326b}

/* R2DLT1 tells you the number of days rsi(2) < 1 during the past 20 days */

set{R2DLT1, count(rsi(2) is below 1,20)}

/* R2DLOW tells you how many days since the 20 day low. But if it is -1, this lets you know that there has been a lower RSI before the current rsi(2) 20 day low within the previous 20 days. At first I thought -1 was a mistake until I checked the chart */

set{R2DLOW, days(rsi(2) EQUAL RSI(2) 20 DAY LOW,20)}

add column trend

add column R2DLT1

add column RSI(2) 20 DAY LOW
add column R2DLOW

add column CLxCL
add column E13xE26
add column VlxVl
add column Vdbl
add column volpct

add column wbtsize
add column btsize

add column industry

add column wrval
add column adval
add column rsval
add column moval

/* SELECTION CRITERIA */
CLOSE ABOVE LOW

RSI(2) BELOW 1

ADVAL BELOW .20

/* PRICE/VOLUME SELECTION CRITERIA */
price ABOVE .01
volume above 50000

sort column 5 descending
]



/* R2DLT1 tells you the number of days rsi(2) < 1 during the past 20 days */

/* R2DLOW tells you how many days since the 20 day low. But if it is -1, this lets you know that there has been a lower RSI before the current rsi(2) 20 day low within the previous 20 days. At first I thought -1 was a mistake until I checked the chart */

Back to the basics.

This filter finds stocks where RSI(2) < 1 and the close is above the low.
Also, the normalized Accumulation/Distribution has to be in the bottom 20%.
This means the stock may have hit bottom and reversed.

Once again, using Muddy's bottom tail size.

MAY ALL YOUR FILLS BE COMPLETE.



TheRumpledOne
6,362 posts
msg #46812
Ignore TheRumpledOne
9/9/2006 3:31:43 PM

Pop to the Top


ashraf999
33 posts
msg #46939
Ignore ashraf999
9/14/2006 6:30:45 PM

RumpledOne,

Do you have to wait for a confirmation that the price as well as volume increase after the day rsi(2) < 1 in order to go long?. If not, what is the needed confirmation are you suggesting?.


as214
184 posts
msg #46945
Ignore as214
9/14/2006 9:01:00 PM

Riggs IMO this filter is your finest piece of work to date. DMA 28,-14 and RSI2 combined are lethal. I use them both when I buy a value candidate that catches my eye. Im glad I opened my eyes to technicals. Ill always be a fundamental-value investor at heart but you guys have helped me add thousands to the bottom line by pinpointing entries. Thank you for that.


WALLSTREETGENIUS
983 posts
msg #46950
Ignore WALLSTREETGENIUS
9/15/2006 12:19:45 AM

"Riggs IMO this filter is your finest piece of work to date. DMA 28,-14 and RSI2 combined are lethal. I use them both when I buy a value candidate that catches my eye. Im glad I opened my eyes to technicals. Ill always be a fundamental-value investor at heart but you guys have helped me add thousands to the bottom line by pinpointing entries. Thank you for that."
________________________________

as214,

It's funny how everyone here thought I was off my rocker when I introduced a creative way to use DMA(28,-14). Now everyone talks about it as if it was in last months "Stocks & Commodities Magazine!" Funny huh?....anyway dude, you saw what I was doing from day one, and made a ton of $Money$. Now some of my biggest critics back then I've noticed are helping others with my DMA set-up. lol....that cracks me up more than anything, but I'm just glad to see that everyone FINALLY understands that "DMA IS THE ONLY WAY!" lol.....

BTW....you're welcome friend!

Peace.


- RIGGS -



WALLSTREETGENIUS
983 posts
msg #46815
Ignore WALLSTREETGENIUS
modified
9/15/2006 1:29:39 AM

I think most of you will find THIS filter is much more reliable......


*** DIVERGENCE NEVER LOOKED BETTER! ***

Fetcher[RSI(2)is above RSI(2)2 days ago
low is below low 2 days ago
low 1 day ago is above low 2 days ago
low 2 days ago is below low 3 days ago
RSI(2)is decreasing-1 day

RSI(7)is above RSI(7)2 days ago
RSI(7)is decreasing-1 day

Williams %R(7) is above Williams %R(7)2 days ago
Williams %R(7)is decreasing-1 day

CCI(7)is above CCI(7)2 days ago
CCI(7)is decreasing-1 day

DMA(28,-14)is ABOVE price

Set{MACDDiff, MACD fast line(12,26) - MACD slow line(12,26) }
set{MACDb,days(MACDDiff is above MACDDiff 1 day ago,100)}
set{MACDa,days(MACDDiff is below MACDDiff 1 day ago,100)}
set{MACDX, MACDa - MACDb}
Average volume(90)is above 100000
Add column DMA(28,-14)
sort column 2 descending
close is above 5
offset 0

/* RIGGS ACCUMULATION WARM POP-80 */

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE RSI(7) */

set{rsval, INDPOSITION(RSI(7), 60) * 100}

/* NORMALIZE CCI(7) */

set{ccval, INDPOSITION(CCI(7), 60) * 100 }

/* NORMALIZE williams %r(7) */

set{wrval, INDPOSITION(williams %r(7), 60) * 100 }

and draw wrval
and draw adval on plot wrval
and draw ccval on plot wrval
and draw rsval on plot wrval


add column adval
add column ccval
add column rsval
add column wrval
]




When you see "Warm Pop-80" diverging on the hard right edge...."LOAD THE FREAKIN BOAT!"




- THEMIGHTYRIGGS -




nikoschopen
2,824 posts
msg #46952
Ignore nikoschopen
9/15/2006 1:52:47 AM

Now, isn't that funny? I have never once said a word about DMA(28,-14) while the dude's so-called critics lambasted his "original" ideas, which he most definitely ripped off from somebody else. Plus who hasn't heard of DMA(28,-14)? It's not like it was created yesterday. Along with scores of his critics, I'm just not convinced that it works, at least by itself. That is, DMA(28,-14) by itself is useless as any other countless garbage indicators solicited as ure true holy grail. Only when it's combined with others like, well, the Keltner channels and Bollinger bands, does it make itself felt. But then again, it ain't what you use but how you use the damn thing...ain't it?


TheRumpledOne
6,362 posts
msg #46956
Ignore TheRumpledOne
9/15/2006 5:20:28 AM

RumpledOne,

Do you have to wait for a confirmation that the price as well as volume increase after the day rsi(2) < 1 in order to go long?. If not, what is the needed confirmation are you suggesting?.
...................................................................

I would make sure the price is rising BEFORE I went long.

You want the buyers to be in control of the stock.


alf44
2,025 posts
msg #46953
Ignore alf44
modified
9/15/2006 9:06:24 AM

...but didn't ya hear ?

"Now everyone talks about it as if it was in last months Stocks & Commodities Magazine !"

---------------------------------

And somehow I musta missed it !


Regards,

alf44



WALLSTREETGENIUS
983 posts
msg #46977
Ignore WALLSTREETGENIUS
9/15/2006 4:43:22 PM

"You want the buyers to be in control of the stock."
_____________________

Avery, well said! I'm going to use this phrase in the future. Nice going....


- RIGGS -



StockFetcher Forums · Filter Exchange · RSI(2) REVISITED<< 1 2 3 4 5 ... 12 >>Post Follow-up

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