StockFetcher Forums · Filter Exchange · /* TRO STAT SCAN - RANGE FINDER */<< >>Post Follow-up
TheRumpledOne
6,362 posts
msg #57820
Ignore TheRumpledOne
modified
12/9/2007 10:26:55 AM

Fetcher[
/* TRO STAT SCAN - RANGE FINDER */

set{xRange, High - Low }

set{B50A, count(xRange > .50 , 100)}
set{B0A, count(xRange > 1 , 100)}
set{B1A, count(xRange > 2 , 100)}
set{B2A, count(xRange > 3 , 100)}
set{B3A, count(xRange > 4 , 100)}
set{B4A, count(xRange > 5, 100)}
set{B5A, count(xRange > 10, 100)}

add column xRange
and add column B50A {OVER.50}
and add column B0A {OVER1}
and add column B1A {OVER2}
and add column B2A {OVER3}
and add column B3A {OVER4}
and add column B4A {OVER5}
and add column B5A {OVER10}

and add column separator

/* SELECTION CRITERIA */

B50a above 90
average volume(10) above 250000

sort column 8 descending

]



TRO STAT SCAN - RANGE FINDER displays the number of times the range exceeded $.50, $1.00, $2.00, etc.. in the last 100 days.



TheRumpledOne
6,362 posts
msg #57822
Ignore TheRumpledOne
modified
12/9/2007 10:32:50 AM

Fetcher[
/* TRO STAT SCAN - RANGE FINDER - MUDDY */

set{xRange, High - Low }

set{B50A, count(xRange > .05 , 100)}
set{B0A, count(xRange > .10 , 100)}
set{B1A, count(xRange > .20 , 100)}
set{B2A, count(xRange > .30 , 100)}
set{B3A, count(xRange > .40 , 100)}
set{B4A, count(xRange > .50, 100)}
set{B5A, count(xRange > 1.00, 100)}

add column xRange
and add column B50A {OVER.05}
and add column B0A {OVER.10}
and add column B1A {OVER.20}
and add column B2A {OVER.30}
and add column B3A {OVER.40}
and add column B4A {OVER.50}
and add column B5A {OVER1.00}

and add column separator

/* SELECTION CRITERIA */

close is between 1 and 15
average volume(10) above 250000

sort column 11 descending

]



This version if for traders in Muddy's GREEN ON THE SCREEN Chatroom

TheRumpledOne
6,362 posts
msg #58070
Ignore TheRumpledOne
12/13/2007 11:30:40 AM

Fetcher[
/* TRO STAT SCAN - RANGE FINDER */

set{xRange, High - Low }

set{B50A, count(xRange > .50 , 100)}
set{B0A, count(xRange > 1 , 100)}
set{B1A, count(xRange > 2 , 100)}
set{B2A, count(xRange > 3 , 100)}
set{B3A, count(xRange > 4 , 100)}
set{B4A, count(xRange > 5, 100)}
set{B5A, count(xRange > 10, 100)}

add column xRange
and add column B50A {OVER.50}
and add column B0A {OVER1}
and add column B1A {OVER2}
and add column B2A {OVER3}
and add column B3A {OVER4}
and add column B4A {OVER5}
and add column B5A {OVER10}

and add column separator

/* SELECTION CRITERIA */

SYMLIST(BIDU,DRYS,FSTR,ISRG,PCLN,STP,AAPL,POT,RIMM,VIP,CMG,VSEC,FCSX,GIGM,SNCR,BGC,VMW,FTK,BUCY,CMED,LIFC,CF,MTL,EDU,HDB,MA,SID,TKC,LFC,ABB,TEF,GOOG,SSRX,TDG,CNH,ININ,NOV,PFWD,FCX,TTES,BCSI,CTRP,GME,GRMN,MICC,SYNA,DLB,MORN,ITU,MBT,SLT,WX,MR,ATW,HMSY,BHP,WFR,BAP,BBL,BLK,DSX,ESRX,HRBN,SNHY,CAM,LKQX,TISI,AGU,ARD,AMZN,TELOZ,BOOM,CPLA,GLDN,KOP,BTJ,GTI,MEE,SWN,PDA,CCH,FTI,PCP,SDA,OTEX,SNDA,VIVO,BBD,DE,ABAX,FLIR,SXE,GSOL,CHL,CLB,ARGN,EJ,FMCN,DWSN,CYNO)

sort column 8 descending
]



nikoschopen
2,824 posts
msg #58078
Ignore nikoschopen
12/13/2007 1:23:17 PM

TRO,

Allow me to reiterate that this isn't statistical enough. Rather, it's so skewed that it doesn't tell me anything. For example, out of those stocks that made a move of 10-cents or more, how many actually went down below their open? In another word, was the low lower than the open? This will at least indicate that the stock actually went down at some point, whether before or after.

Stocks usually go up at the open when it closed higher in the previous trading session. Hence, we can safely reason that if the stock closed down the previous day, the probability favors a continuation at the open unless the stock gaps down. So you need to ask ureself how many of those that closed down the previous day managed to go up at the open by 10-cents or more?

There are still many more unsettling questions, but I'll leave it at that for the time being.

TheRumpledOne
6,362 posts
msg #58102
Ignore TheRumpledOne
modified
12/13/2007 10:10:46 PM

This is showing the number of times the range exceeded a certain amount. Range as in HIGH - LOW. This has NOTHING to do with the open.

Trading stocks that have STATISTICALLY higher ranges can give you an edge.

Niko, look at the "RUN FOREST, RUN" thread for the statistics for HIGH - OPEN and OPEN - LOW. Review the thread "FADING THE GAP STATISTICS" for the gap trades.



StockFetcher Forums · Filter Exchange · /* TRO STAT SCAN - RANGE FINDER */<< >>Post Follow-up

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