StockFetcher Forums · Filter Exchange · Trading Divergences on S&P 500<< >>Post Follow-up
roca1018
163 posts
msg #127773
Ignore roca1018
3/30/2016 8:28:22 PM

I looked at the divergence between price and the CM(14). Everything makes sense with the exception of the MA(3) gaining 2% in the last 7 days. The MA(3) of the SPY rarely moves that much in a 7 day period yet the filter shows that it gets triggered regularly.

Rich

Kevin_in_GA
4,599 posts
msg #127774
Ignore Kevin_in_GA
3/30/2016 9:27:19 PM

Fetcher[
symlist(spy)
set{up2pct, count(ma(3) more than 2% above ma(3) 7 days ago,100)}
add column up2pct
]



Looks like it has happened 19 times in the last 100 days.

roca1018
163 posts
msg #127775
Ignore roca1018
3/31/2016 6:29:56 AM

With all due respect I have not seen an increase of 2% or greater on the SPY MA(3) on the days that a buy signal was triggered. I manually recorded the MA(3) over a 20 day period.

Rich

Mactheriverrat
3,135 posts
msg #127781
Ignore Mactheriverrat
3/31/2016 2:25:52 PM

Like the code kevin- More code to play with- up2pct and changed it to 5pct
Sorted column from highest hits- Stocks show up the investor have been hitting more in past 100 days.

Kevin_in_GA
4,599 posts
msg #127790
Ignore Kevin_in_GA
4/1/2016 7:42:23 AM


I think this might help clear up your confusion.

Fetcher[
symlist(spy)
set{up2pct, count(ma(3) more than 2% above ma(3) 7 days ago,1)}
set{7daysago, ma(3) 7 days ago}
set{ratio, ma(3) / 7daysago}
add column up2pct
add column ratio
draw up2pct
draw ma(3)
draw ratio line at 1.02
]



Just look back to any day where up2pct was drawn on the chart and look at the ratio. It will be greater than 1.02 (more than 2% above the ma(3) from 7 days prior).

StockFetcher Forums · Filter Exchange · Trading Divergences on S&P 500<< >>Post Follow-up

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