StockFetcher Forums · Filter Exchange · Statistical advantage of one filter over the other<< >>Post Follow-up
jackmack
333 posts
msg #111352
Ignore jackmack
modified
2/13/2013 12:56:05 PM

I have been messing around with the following filters and was wondering how to determine which one has the greater advantage from one over the other;


#1
show stocks where Parabolic SAR(0.02,0.2) crossed under close in the past 2 days
price above 5
daily volume(30) above 5000000
draw ma(7)
draw ma(50)
sort on column 5 descending


#2
show stocks where Parabolic SAR(0.02,0.2) crossed under close in the past 3 days
price above 5
daily volume(30) above 5000000
draw ma(7)
draw ma(50)
sort on column 5 descending


#3
show stocks where Parabolic SAR(0.02,0.2) crossed under close in the past 3 days
OBV has been increasing for 3 days
price above 5
daily volume(30) above 5000000
draw ma(7)
draw ma(50)
DRAW Upper Bollinger Band(40,.4)
sort on column 5 descending


#4
show stocks where Slow Stochastic(15,3) Slow %D crossed above 80
price above 5
daily volume(30) above 5000000
draw ma(7)
draw ma(50)
sort on column 5 descending


*one take away I have noticed is that closing prices above ma(50) "seem" to have better candidates - but not always*


These return stocks that have turned positive recently but I am not certain how to effectively back test since I am looking for a means to select the "ONE" stock each day from the best of these four filters (whichever one that may be - which is why they need to be back tested properly) and then each successive day buy at the open using a market order then once order filled put a 3% sell stop above then exit.
So it would go - run the filter after the close - do a 2 day look back - choose the best performing stock from the filter - enter market order next day - set sell stop at 3% (no minimum number of days held).

Can anyone think of a way to tweak these filters to allow better more meaningful means of management and or tweak them to narrow the selected candidates allowing greater potential?

Thank you

*edit - I put wrong filter in for #4

StockFetcher Forums · Filter Exchange · Statistical advantage of one filter over the other<< >>Post Follow-up

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