StockFetcher Forums · Filter Exchange · Sell Target filter help<< >>Post Follow-up
stefonk
33 posts
msg #99201
Ignore stefonk
2/18/2011 9:26:10 AM

I need help with writing this filter, If the ADX(5) crosses above 85 and ADX(14) also crosses above 70, then sell. I need a column so that I can see the value. I want to be able to set my sell limit at that value or better.

bkhurana43
103 posts
msg #99217
Ignore bkhurana43
2/18/2011 12:16:08 PM

Are you working with very low volume stocks?
Fetcher[
Show stocks where +DI(5) crossed above 85
and +DI(14) crossed above 70
]



stefonk
33 posts
msg #99218
Ignore stefonk
modified
2/18/2011 12:46:40 PM

Actually I am not but I don't know why its picking up such low volume. I am not using that as a scan alone filter, but as a guide as to when to sell.

bkhurana43
103 posts
msg #99244
Ignore bkhurana43
2/19/2011 8:18:22 AM

What is the criteria you are using to buy? Define your filter indicators for going LONG before an exit strategy could be suggested.

miketranz
715 posts
msg #99256
Ignore miketranz
2/19/2011 5:48:37 PM

Try a "+money dollar stop".Things don't always work out the way they're planned on paper.Go back over all your current +money trades,if you're lucky enough to have some.Calculate what your average gain is,in dollar terms.Sell out at that number.....

stefonk
33 posts
msg #99257
Ignore stefonk
2/19/2011 5:56:47 PM

for going LONG when RSI(2)>RSI(5)>RSI(10)>RSI(20) and they are all greater than 70.

bkhurana43
103 posts
msg #99261
Ignore bkhurana43
modified
2/19/2011 6:50:11 PM

stefonk
msg #99257
- Ignore stefonk 2/19/2011 5:56:47 PM

"----for going LONG when RSI(2)>RSI(5)>RSI(10)>RSI(20) and they are all greater than 70.---"

stefonk
Are you sure that you go LONG when RSI values are above 70? It should be otherway around. You go SHORT as the RSI values indicate "OVERBOUGHT" situation. have a look at this filter:

Fetcher[
Show stocks where RSI(20) > 70
RSI(2) > RSI(5)
RSI(5) > RSI(10)
RSI(10) > RSI(20)
]



Please correct me if I am mistaken.

four
3,995 posts
msg #99262
Ignore four
2/19/2011 6:57:15 PM

Experiment using day point range as a sell target

Fetcher[
set{sell, Day Point Range / 2}
set{selll, sell + high}
add column selll
rsi(2) < 25
count(rsi(7) < 30,5) > 2
rsi(2) > rsi(2) 1 day ago
rsi(7) > rsi(7) 1 day ago
rsi(7) 1 day ago < rsi(7) 3 days ago
volume > 100000
avgvol(5) > 100000
close > 12
]



bkhurana43
103 posts
msg #99266
Ignore bkhurana43
2/19/2011 9:38:53 PM

four
How do you interpret this particular signal from the displayed pick of Fridays close?

four
3,995 posts
msg #99268
Ignore four
2/19/2011 11:08:30 PM


How do you interpret this particular signal from the displayed pick of Fridays close?

--

BUY = high +.03, TDS $34.39 + .03 = $34.42
SELL = Selll + .03 = $34.62 + .03 = 34.65


In general, buy the high + .03 for next day and sell the Selll +.03


HTH



StockFetcher Forums · Filter Exchange · Sell Target filter help<< >>Post Follow-up

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