StockFetcher Forums · Filter Exchange · STOCHASTIC CROSSOVER SYSTEM FOR SDS AND SSO<< 1 ... 17 18 19 20 21 ... 22 >>Post Follow-up
tarun766
50 posts
msg #108702
Ignore tarun766
11/6/2012 7:12:12 PM

@kevin
what are the divergence filters and what is you set up?

kraems17
4 posts
msg #108703
Ignore kraems17
11/6/2012 7:33:07 PM

@Kevin_In_GA: If you get stopped out mid-day, like I did today with SDS, and the filter is still showing long at the end of the day, would you buy in again at the open tomorrow, or just wait on the sidelines for the signal to cross with a long SSO? Thx.

VenturaTrader
30 posts
msg #108704
Ignore VenturaTrader
11/6/2012 7:33:20 PM

tarun766,

Look under Kevin's thread "Trading Divergences on the S & P 500."

http://forums.stockfetcher.com/sfforums/?q=view&fid=1002&tid=108174&qrid=

Happy Trading

jackmack
334 posts
msg #108707
Ignore jackmack
11/7/2012 9:05:15 AM

tennisplayer2 - okay I'll bite - so if I were using let's say the RSI divergence filter - I would have gotten back in to SPX on 23 Oct?
And before that I would have been in on 2 Oct - then out 4 Oct - then back in 9 Oct (those dates indicate getting in on the day after the signal fired) - is that correct?


Kevin_in_GA
4,552 posts
msg #108711
Ignore Kevin_in_GA
11/7/2012 9:56:14 AM

Not quite - apparently there is some confusion here.

Look at the RSI Divergence filter:

Fetcher[



/*CODING FOR DIVERGENCE BETWEEN MA(3) AND THE RSI INDICATOR*/
SYMLIST(SPY)
SET{RSI10down, COUNT(RSI(10) below RSI(10) 12 days ago,1)}
SET{RSI10down3, COUNT(RSI(10) DROPPED MORE THAN 3% OVER THE LAST 12 DAYS,1)}

SET{MA3UP8, COUNT(MA(3) above MA(3) 12 days ago,1)}
SET{MA3UP8_1, COUNT(MA(3) gained MORE THAN 3% OVER THE LAST 12 DAYS,1)}

SET{DIV1H, RSI10down * MA3UP8}
SET{DIV2H, RSI10DOWN3 + MA3UP8_1}
SET{DIV3H, COUNT(DIV2H ABOVE 0.5,1)}
SET{RSI10DIV, DIV1H * DIV3H}

ADD COLUMN RSI10DIV

DRAW RSI10DIV

set{exit1, count(close reached a new 10 day high,1)}
set{exit2, count(ROC(15,1) is below ROC(15,1) 10 day high,1)}
set{exit, exit1 * exit2}

ADD COLUMN EXIT

draw exit
]



At the bottom you see the entry and exit triggers graphed. You would have seen an entry signal on 9/24 at the end of the day, and entered SPY long at the open on 9/25 @ 145.96. The exit signal came on 10/4 end of day, so you would have sold at the open on 10/5 @ 146.91.

Next signal came on 10/19 end of day, so you would have entered SPY long on 10/22 at the open price of 143.15. Still waiting for the exit signal.

jackmack
334 posts
msg #108712
Ignore jackmack
11/7/2012 10:21:10 AM

Kevin - okay I will monitor and adjust.
Thank you for the clarification.
Cheers

tennisplayer2
180 posts
msg #108715
Ignore tennisplayer2
11/7/2012 10:48:41 AM

Kevin, thanks for the filter and explanation to jackmack.

duke56468
683 posts
msg #108721
Ignore duke56468
modified
11/7/2012 12:24:36 PM

Kevin, if you are in cash do you wait for any one of the ten filters to give an entry signal, and do you wait for more than one, and do you have any preference which one?

edit: I should have posted this in the divergence thread

jackmack
334 posts
msg #108722
Ignore jackmack
modified
11/7/2012 3:02:30 PM

SSO coming up off the mats - the Stoch was pegged at 0 this morning when down over 5%.
Positive divergences on SPX and DOW WRT price and and RSI so potential snap back
could be shaping up - time will tell.
Best of luck all.
Cheers

Sorry - correction - the Stoch %k was pegged at 0 on the 60 minute charts.

tarun766
50 posts
msg #108724
Ignore tarun766
11/7/2012 8:04:56 PM

Made some money today on SDS, im out or not take profit!

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