StockFetcher Forums · Filter Exchange · RumpledOne/HG filter tweaking?<< >>Post Follow-up
jthehut
124 posts
msg #28053
Ignore jthehut
8/25/2003 3:26:08 PM

RumpledOne, after back-testing the rsi(2) filter, it seems that it is most "predictable" (read:profitable) when Williams %R is close to or at -100, and rsi(14 or 15) is at a low point as well (close to or under 30) WITH rsi(2) being at or near 1.

Do you use this in your criteria for trading, or do you trade on the filter alone? The reason I ask is that I too have seen stocks recently fall that are picked by the filter (although I realize that the market may be in a volitile down-turn/correction).

Thanks for any appreciated help,
Markus


TheRumpledOne
6,362 posts
msg #28055
Ignore TheRumpledOne
8/25/2003 4:56:20 PM


Markus...

HG and I use LR/RSI to SELECT stocks to trade.

The intraday RSI(10) is what we use for entry.

I do believe I posted our trading tactics back in June or July... use search to find them.

I hope this helps.

P.S. thanks for the heads up!


TheRumpledOne
6,362 posts
msg #28067
Ignore TheRumpledOne
8/26/2003 9:06:10 AM

I looked at williams and rsi(14)... I guess I don't see what you are seeing...

Can you give me a stock symbol and parameter settings please.




jthehut
124 posts
msg #28069
Ignore jthehut
8/26/2003 9:39:24 AM

RumpledOne,
Run your filter "3 months ago" (the examples from yesterday suck)...can you see that when rsi(2) about 0, williams %R close to -100, and rsi (I used 15 in my example) close to 0 not only PREVENTS "whipsaws" from fast moving rsi(2), but had an upward move EVERY TIME, and a longer upward move at that. These can almost be ridden out until williams %R turns down from its peak of 0 and/or rsi (14 or 15) starts to move against you. Again, I believe this wonderful filter of yours works best in a bull market, it definitely shows which stocks have "corrected" and are poised for a run up, but the filter works much less in the current unsure markets.

FYI I am a health professional on vacation (at home for next few days) who wants to find the "holygrail" and trade for a living full/part time.

Marko


murknd
62 posts
msg #28075
Ignore murknd
8/26/2003 3:09:21 PM

... here's another RSI "combination" filter that looks pretty good.

Fetcher[RSI(2) has reached a new 10 day low and RSI(5) has reached a new 6 week low and RSI(15) has reached a new 3 month low and RSI(2) is below 1 and RSI(15) is below 30 and close is between 0.1 and 10 and low is below lower bollinger band(20) and average volume(90) is above 100000]



D


jthehut
124 posts
msg #28129
Ignore jthehut
8/28/2003 10:59:00 AM

Me likey very much, but not many returns :(

M


StockFetcher Forums · Filter Exchange · RumpledOne/HG filter tweaking?<< >>Post Follow-up

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