StockFetcher Forums · Filter Exchange · THE ONLY DMI SYSTEM THAT WORKS!<< 1 2 3 >>Post Follow-up
WALLSTREETGENIUS
983 posts
msg #43282
Ignore WALLSTREETGENIUS
modified
4/28/2006 7:54:12 PM

Willaims %R is the drivetrain that steers this filter. The LOWER the Williams %R, the more movement you will have. When Williams %R reaches "0", that is a market top or consalidation point. Also, make sure ccval, rsval, and wrval are all moving up or diagonally.


- RIGGS -



TheRumpledOne
6,362 posts
msg #43289
Ignore TheRumpledOne
4/28/2006 10:29:42 PM

So many filters....

IT'S NOT WHAT YOU TRADE, IT'S HOW YOUR TRADE IT!


TheRumpledOne
6,362 posts
msg #43307
Ignore TheRumpledOne
4/29/2006 12:15:44 PM

RIGGS:

It's true I have posted many filters... to demonstrate how to program filters.

If you look closely, you'll see most of the filters are display or reporting filters NOT stock picking filters. RSI(2) < 1 has been my main selection criteria for years. I wrote the NEXT NTRI filter because someone asked.

If you can make improvements or discoveries with the NEXT NTRI filter or any other filter you go right ahead. That's one of the reasons of having a forum where we can share ideas in the first place.









WALLSTREETGENIUS
983 posts
msg #43317
Ignore WALLSTREETGENIUS
4/29/2006 1:28:00 PM

"If you can make improvements or discoveries with the NEXT NTRI filter or any other filter you go right ahead. That's one of the reasons of having a forum where we can share ideas in the first place."
_____________________

ROFLMAO!!!! You know........


- RIGGS -


WALLSTREETGENIUS
983 posts
msg #43280
Ignore WALLSTREETGENIUS
modified
4/29/2006 6:21:17 PM

So many traders that use DMI (Directional Movement Indicator) crossovers as buy signals are usually too late after the pop. Where I have always used it's INCREASE movement as a better entry way. And usually if it does crossover after a DECREASE day, it more times than not will happen unnoticeably and get you in just BEFORE the pop.

Because SF has a problem with DMI'S "offset," it won't show you the "performance" column, but take a second and look at the offset anyway to see for yourself what a dandy little breakout filter this is. Again, as you can clearly see, my "Accumulation Warm Pop-80" plays a major role in this filter too.

Good luck!


Fetcher[+DI(14)has been increasing the last 1-day
+DI(14)2 days ago had been decreasing
+DI(14)is above -DI(14)
Draw Williams %R(7) line at 0
average volume(90)is above 200000
sort column 8 ascending
close is above 2
offset 0-days

**** THE MIGHTY RIGGS ACCUMULATION WARM POP-80 ****

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE RSI(7) */

set{rsval, INDPOSITION(RSI(7), 60) * 100}

/* NORMALIZE CCI(14) */

set{ccval, INDPOSITION(CCI(14), 60) * 100 }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }

* DRAW THE MP CCIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw rsval on plot wrval
and draw ccval on plot wrval


add column adval
add column ccval
add column rsval
add column wrval

adval has been above 75 the last 1-month
wrval is between 0 and 75
adval is Above 80
]





- RIGGS -









WALLSTREETGENIUS
983 posts
msg #43285
Ignore WALLSTREETGENIUS
modified
4/29/2006 6:22:23 PM

Just wanted to share a few stocks off the top of the list on just a 1-day offset. These are the one's I mentioned when I said "unnoticeable crossovers." When the +DI crosses above the -DI after a DECREASE day, there seems to be a hidden interest. Almost like stealing the cheese while the Cat is napping.

INT
AGU
MVSN
MNKD
HIH

BTW, the "performance column" is working fine today 4/28/06, when usually it doesn't when filtering stocks with DMI. Did you see what happened today 4/28/06? All of them ran up, and let's face it...it was not a huge day in the market.

That's just a few of the "crossovers," look at everthing else! Look at the +DI increases above -DI like (DSCM). Just imagine what's going to happen to these stocks if the market starts to actually move over the course of the next few days. Again, the key here, is adval above "80", and Williams %R as low as possible.

1-DAY OFFSET:

Fetcher[+DI(14)has been increasing the last 1-day
+DI(14)2 days ago had been decreasing
+DI(14)is above -DI(14)
Draw Williams %R(7) line at 0
average volume(90)is above 200000
sort column 8 ascending
close is above 2
offset 1-day

**** THE MIGHTY RIGGS ACCUMULATION WARM POP-80 ****

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE RSI(7) */

set{rsval, INDPOSITION(RSI(7), 60) * 100}

/* NORMALIZE CCI(14) */

set{ccval, INDPOSITION(CCI(14), 60) * 100 }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }

* DRAW THE MP CCIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw rsval on plot wrval
and draw ccval on plot wrval


add column adval
add column ccval
add column rsval
add column wrval

adval has been above 75 the last 1-month
wrval is between 0 and 75
adval is Above 80
]





Have fun!

- RIGGS -







WALLSTREETGENIUS
983 posts
msg #43301
Ignore WALLSTREETGENIUS
modified
4/29/2006 6:28:07 PM

"So many filters....

IT'S NOT WHAT YOU TRADE, IT'S HOW YOUR TRADE IT!"
_______________

Are you hearing yourself Avery? "So many filters?" ROFLMAO! I think you've finally cracked bud....because nobody in this community has posted MORE filters than YOU!!! What are you up to now?....about 1000?

I've posted less than 10! It's just seems like more because I get alot of interest in ALL of them. Gee, I wonder why that is???? LOL....

Avery, your slogan shouldn't be "IT'S NOT WHAT YOU TRADE, IT'S HOW YOUR TRADE IT!" Rather It should be more like...."THE MORE I BUILD THEM, THE FASTER YOU WILL STROKE ME!"

Hey Avvv...you keep poking fun on my threads, I'm gonna turn "the next NTRI" thread into "MY" thread! And I already know, and have invisioned just how I'm gonna do that. So keep it up there "Country."


Fetcher[+DI(14)has been increasing the last 1-day
+DI(14)2 days ago had been decreasing
60-day slope of close is above 0
+DI(14)is above -DI(14)
draw Williams %R line at 0
average volume(90)is above 200000
sort column 8 ascending
close is above 2
offset 1-days

**** THE MIGHTY RIGGS ACCUMULATION WARM POP-80 ****

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE RSI(7) */

set{rsval, INDPOSITION(RSI(7), 60) * 100}

/* NORMALIZE CCI(14) */

set{ccval, INDPOSITION(CCI(14), 60) * 100 }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }

* DRAW THE MP CCIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw rsval on plot wrval
and draw ccval on plot wrval


add column adval
add column ccval
add column rsval
add column wrval

adval has been above 75 the last 1-month
wrval is between 0 and 75
adval is Above 80
]





- RIGGS -









jacobnbr1
37 posts
msg #43357
Ignore jacobnbr1
4/30/2006 12:22:25 AM

Hey thanks riggsy... i do alot with dmi. I might want to mix a few things in here and see what develops from there.
i am not sure what avr, and the others are??? can you enlighten what these indicators are.
Also i have not played with williams r% much either.

i normally use dmi with obv and rsi with volume by visual charts. I hear it is hard to use a dmi on a filter scan???? Got me.


WALLSTREETGENIUS
983 posts
msg #43359
Ignore WALLSTREETGENIUS
modified
4/30/2006 1:10:37 AM

jacobnbr1
- Ignore jacobnbr1 4/30/2006 12:22:25 AM

Hey thanks riggsy... i do alot with dmi. I might want to mix a few things in here and see what develops from there.
i am not sure what avr, and the others are??? can you enlighten what these indicators are.
Also i have not played with williams r% much either.

i normally use dmi with obv and rsi with volume by visual charts. I hear it is hard to use a dmi on a filter scan???? Got me.
__________________________

jaco -

Nice to hear from you again. The indicators you're speaking of is a group of indicators & Oscillators you're prolly very familiar with....just coded differently.

"adval" is Accumulation Distribution:
It shows the impactful public interest in a stock.

"ccval" is CCI. Better known as Commodity Channel Index:
Works very similiar like RSI, but gives quicker reads and divergence.

"rsval" is none other than RSI. Nuff said on that.

"wrval" is Williams %R. Is an oscillator that confirms trends and warns you of upcoming reversals.

What you are seeing, is all four of these plotted together on one chart. TheRumpledOne developed this, but I tinkered with it to perfection.

Basicly what you want to see on this filter is, the +DI increasing after a negative day above -DI WITH the other four moving upward together. When this happens....there seems to always be a sudden pop of interest. The same holds true when +DI crosses above -DI.

But all of this seems to happen under the radar, which makes it a great pre-breakout filter. I've been using it for some time now intraday, and decided to post it for daily set-ups.

Hope you like it!


- WALLSTREETGENIUS -





TheRumpledOne
6,362 posts
msg #43365
Ignore TheRumpledOne
4/30/2006 11:57:14 AM

"What you are seeing, is all four of these plotted together on one chart. TheRumpledOne developed this, but I tinkered with it to perfection. "

LOL!!




StockFetcher Forums · Filter Exchange · THE ONLY DMI SYSTEM THAT WORKS!<< 1 2 3 >>Post Follow-up

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