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StockFetcher Forums · Filter Exchange · RSI(2) REVISITED<< 1 ... 6 7 8 9 10 ... 12 >>Post Follow-up
maxreturn
745 posts
msg #60492
Ignore maxreturn
3/14/2008 11:36:34 AM

Thanks a lot guys. Chetron, didn't mean to exclude you. Have a great day!

TheRumpledOne
6,362 posts
msg #61149
Ignore TheRumpledOne
modified
4/6/2008 12:48:29 PM

Fetcher[
/* RSI(2) < 25 POP FAIL TEST */

set{HiOp, high - open }

set{LT25, count(rsi(2) 1 day ago below 25,1) }

set{LT25OP, count( LT25 equal 1, 100) }

set{fail, LT25 * count(HiOp below .10,1)} }

set{fails, count( fail equal 1, 1) }

set{failed, count( fails equal 1, 100) }


set{fail50, LT25 * count(HiOp below .50,1)} }

set{fails50, count( fail50 equal 1, 1) }

set{failed50, count( fails50 equal 1, 100) }


add column LT25OP
add column failed
add column failed50

symlist(RIMM)

sort column 5 descending
]



Klynn said "i took a look at rimm and its RSI2 from 2/29/08 to around 10/3/ 07 , its POP the next day when rsi2 is below 25 is no sure thing , i didnt include a few losers, but
i got around 12 up days and 7 down days."

All I need is a dime to make money. 1,000 shares times $.10 equals $100.

The above filter shows how many RIMM RSI(2) < 25 opportunities there were in the last 100 days and how many times HIGH - OPEN "failed" to hit $.10 and failed to hit $.50.

Let's see out of 29 opportunities RIMM failed to hit a dime 0 times and failed to hit fifty cents 3 times.

Do you think you can make money trading RIMM long the day after it's daily RSI(2) is less than 25?

COOL HAND LUKE is my favorite movie of all time. To paraphrase:

"SOME PEOPLE CAN'T BE REACHED."

Perhaps we can start a "remedial training" thread.





klynn55
425 posts
msg #61157
Ignore klynn55
4/6/2008 4:58:52 PM

Tro: i was talking eod not intraday, again there are people here that have jobs, businesses, etc that don't have access to intraday data, or perhaps don't have the confidence or knowhow to trade intraday: do you think i pay the stockfetcher fee to complain about you.Who cares? i want to learn, i want to trade profitably, i want to sit in that chair on the beach. In the end, my and your passing won't matter, so why not go out with some honor and integrity!

welliott111
98 posts
msg #61158
Ignore welliott111
4/6/2008 5:14:27 PM





klynn,
An EOD strategy is to buy Monday edition of Investors Business Daily from local newspaper stand or bookstore, I get mine from Books-A-Million, put the IBD 100 in a watchlist. Rsi(2) < 10 on the watchlist.
Here are the results from 3/31/08.


AGU- AGRIUM INC +11.46%
ANSS - ANSYS, Inc. +5.74%
SNHY - Sun Hydraulics Corp... +6.90%
AUY - YAMANA GOLD INC 0.53 7.52 +2.12%
TISI - Team Inc 27.30 +9.38%
CF - CF INDUSTRIES HOLDI... +21.25%
HMSY - Health Management S... -0.21%


klynn55
425 posts
msg #61159
Ignore klynn55
4/6/2008 5:29:14 PM

well; i thank you , ill give it a try, i wonder how many stockfetchers use EOD vs intraday?

TheRumpledOne
6,362 posts
msg #61160
Ignore TheRumpledOne
modified
4/6/2008 6:02:54 PM

Klynn:

Once again, if you would take the time to read and study what I just posted, you would see that it uses RSI(2) < 1 one day ago which is END OF DAY. The filter then shows what happened if you had bought at the open THE NEXT DAY!!

All you have to do is enter your EXIT order after you get confirmation. Or if your broker allows OCO orders, you can enter your SL and TP at the same time.

HINT: If you look at my RUN FOREST, RUN filters you just might find what you are looking for.






klynn55
425 posts
msg #61164
Ignore klynn55
4/6/2008 8:42:58 PM

I'm up for a "remedial training" filter , I can only learn. That's why i paid my fee.


klynn55
425 posts
msg #61168
Ignore klynn55
4/6/2008 10:08:04 PM

Well;
how long have you followed IBD and rsi(2)?

Buy when rsi2 is below 10 and sell when rsi2 is above 90 from 1/2006 to now

AGU 17 trades of 22 to the plus
ANSS 12 of 18 plus
SNHY 13 of 18 but -10 dd, 1-3-08 to 1-24-08
AUY 16 of 20 plus but 3-19-08 - 4-4-08 -10 dd
TISI 15 of 18 plus trades
CF 10-12 plus trade
HMSY 11-16 plus trades but 1-23-08 to 3-3-13-08 -8.32 dd

i guess the problem with trying to get a handle on the ibd 100 is if they stay on the list, i wonder what the average time spent on the ibd 100 is?

rtucker
318 posts
msg #61170
Ignore rtucker
modified
4/6/2008 11:55:06 PM

Klynn,

Here is a an IBD list of composite scores 90+ from May 2007, so
there is about 1 year of data to test. It aint IBD100 but its close.

How long do they stay on the IBD100. Answer: as long as the chart doesnt break down. They come on and off mostly according to relative strength.

You can approximate the same by requiring the stock stay above ma(50)
so, now, who cares how/why IBD keeps it on its list.

The list is simple to acquire and it seems a far better basket to trade long
(watchlist) than say, the sp500, sp100, or nas100 as long as you go with the flow.

Here below is a simple slow stochs enty/exit run on this basket for this past year that includes good and bad times (Must have advanced SF for one year).

Market bad times are filtered out and individual stock bad times are filtered out. In othe words trade with the trend.

Click "trades" in the backtester and "hover" (on the left) over each trades chart to see the entries and exits. Look at max profit for each trade and see that your exit "keeps" most of it.

Many questions that you have can be answered through your own testing.

IMO, markets to trade, or, stock selection does matter. It may be one or 100 stocks but people usually "filter" to get the stock/stocks.

Bet rsi(2) < 10 would work good too. Let me know. Good luck.



ESI ATI CF DVR GLP CPL CNX GGB CAM MR AWC CLF FTI GIL WFR DE MT CE CMC
AER CW JAH ASR BGC ETN MTL CMI ACL CRS ATN CVA ALY COH CNH JEC ESV RIO APH GTI
CPY CPX CXW CLB MDR EGR EOC IEX KCI MTW EGN JCI GRP DRQ PVD BEZ LFL CBI AA FLS CBE
ITC GNA FIS GEO BCO CVS HON BT BHI BLL CAT FMC AG BBD MIR LZ HP HSC HOS
CI MER BAX DPM AXE CGX GEF MSM CTB HAS KDN DAC MAN CAE DRC NTY BW BAP MTD HXM KMT
ME LLL ATR BPH NPO BNI EXC GME BMC CHL ATK ITU ISE ETR CKP CS EE CEG
HS MLM DYS HRZ AVT BGH GDI CHA AET GSH CNS BVF GS ACH BSY HUM DB IDC
ARW ARD DLB CPA CTV HOC LUX GES ATB AME FDS HPQ ICE ALJ DCO DSX CRH LH
ARO EMS CBG ALB EXM AMG BKC DRI CRN JLL AOB CMG MA CHE BEN SNP AMX KSU
MFE MOV CV MS FTO DK B HDB MFW MYE ELX AZZ




Statistics Performance Chart Trades Equity Summary new! System Summary Edit Backtests Backtest Forum Help
Approach Information
Approach Name: set{spytest, count(ind(spy,close) above ind(spy,MA...
Test started on 05/31/2007 ended on 04/04/2008, covering 213 days
Filter used:
/****************************************************************************/
Fetcher[set{spytest, count(ind(spy,close) above ind(spy,MA(50)),1) }
spytest > 0
apply to watchlist(ibd901)
slow stochastics(5,5) fast %k crossed above slow stochastics(5,5) slow %d
slow stochastics(5,5) < 25
close is above ma(40)
]


/****************************************************************************/


Trade Statistics
There were 285 total stocks entered. Of those, 285 or 100.00% were complete and or 0.00% were open.
Of the 285 completed trades, 143 trades or 50.18%resulted in a net gain.
Your average net change for completed trades was: 0.84%.
The average draw down of your approach was: -3.40%.
The average max profit of your approach was: 4.86%
The Reward/Risk ratio for this approach is: 1.45
Annualized Return on Investment (ROI): 40.40%, the ROI of ^SPX was: -12.16%.

Exit Statistics
Stop Loss was triggered 79 times or 27.72% of the time.
Stop Profit was triggered 0 times or 0.00% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (0 days) 0 times or 0.00% of the time.
An exit trigger was executed 206 times or 72.28% of the time.
EXIT TRIGGER
/*****************************************************************************
slow stochastics(5,3) fast %k crossed below slow stochastics(5,3) slow
%d

/****************************************************************************

Statistics By Holding Period
Completed 2 day chg 5 day chg 10 day chg 25 day chg 40 day chg
Winners: 143 132 163 149 135 105
Losers: 141 151 122 130 145 175
Win/Loss Ratio: 1.01:1 0.87:1 1.34:1 1.15:1 0.93:1 0.60:1
Net Change: 0.84% -0.24% 0.54% 0.18% -2.05% -3.80%

Statistics By Variable: Match Price
<25 <50 <75 <100 <125 <150 <175 <200 <225 <250
Completed 19:17 56:68 43:31 12:13 8:2 3:5 1:3 - 0:2 1:0
2 day chg 16:21 58:66 39:33 9:16 6:4 3:5 0:4 - 0:2 1:0
5 day chg 26:11 61:63 47:27 15:10 7:3 3:5 1:3 - 2:0 1:0
10 day chg 21:15 64:57 37:36 13:12 9:0 2:6 1:3 - 1:1 1:0
25 day chg 19:17 55:67 36:37 12:13 8:1 3:5 1:3 - 0:2 1:0
40 day chg 14:22 48:74 23:50 9:16 6:3 3:5 1:3 - 0:2 1:0

Statistics By Variable: Average Volume
<2.5M <5.0M <7.5M <10.0M <12.5M <15.0M <17.5M <20.0M <22.5M <25.0M
Completed 116:123 19:9 1:3 2:1 2:2 1:0 1:1 0:2 1:0 -
2 day chg 107:131 16:12 2:2 0:3 2:2 1:0 2:0 1:1 1:0 -
5 day chg 133:107 20:8 1:3 2:1 4:0 1:0 1:1 0:2 1:0 -
10 day chg 120:116 20:6 1:3 1:2 3:1 1:0 1:1 1:1 1:0 -
25 day chg 112:125 17:9 0:4 2:1 1:3 1:0 1:1 0:2 1:0 -
40 day chg 85:152 15:11 0:4 2:1 0:4 0:1 2:0 0:2 1:0 -




welliott111
98 posts
msg #61201
Ignore welliott111
modified
4/7/2008 4:50:33 PM

klynn,

When/ If price pops, hold as long as slow stoch(5,3) %k above %d, but as volatile as the markets are as of late, rsi(2) oversold > 75 is a good target. Greed Kills.

Check out this blog about trading IBD
http://ibdindex.blogspot.com/

StockFetcher Forums · Filter Exchange · RSI(2) REVISITED<< 1 ... 6 7 8 9 10 ... 12 >>Post Follow-up

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