Niagara
49 posts
msg #51449
- Ignore Niagara |
5/6/2007 12:34:01 PM
Here is a clever idea using the Investor Business Daily 200. The screen is written in Tradestation code. Would someone please translate it into Stockfetcher code.
* STEP 1: Obtain Investor Business Daily for Thursday for $1.25
* STEP 2: Go to page B5. Look at the list of IBD's Top 200 Composite Stocks
* STEP 3: Put this list in watchlist.
* STEP 4: Everyday identify companies from this list which had price increase of 2%, minimum volume for the day of 100000 and volume for the day is above yesterdays volume.If you are using TC2007 use this scan-
( 100 * (C - C1) / C1) >= 2 AND V >= 1000 AND V > V1 or ( 100 * (C - C1) / C1) >= 4 AND V >= 1000 AND V > V1
* STEP 5: Buy next day with 1% risk
* STEP 6: Trail with a stop
|
SAFeTRADE
630 posts
msg #51452
- Ignore SAFeTRADE |
5/6/2007 2:28:54 PM
This may work.
Make your watchlist what ever it might be.
|
Niagara
49 posts
msg #51456
- Ignore Niagara |
5/6/2007 5:36:23 PM
Thank you for the information.
|
Niagara
49 posts
msg #51543
- Ignore Niagara |
5/12/2007 9:21:03 AM
What I would like to do is run the filter against the list of two hundred IBD stocks. I went to filters, and put the two hundred in as portfolio. I can not figure out how to run the filter against that group.
|
Koronbock
201 posts
msg #51545
- Ignore Koronbock
modified |
5/12/2007 10:37:00 AM
Niagara,
you need to put your stocks into a WATCHLIST and give it name, lets say "MyIBD".
Then you put in an additional filter phrase at the end of your filter:
apply to watchlist MyIBD
Hth
|
Niagara
49 posts
msg #51552
- Ignore Niagara |
5/12/2007 3:02:46 PM
Thank you Koronbock for the information.
|
durgin
60 posts
msg #51580
- Ignore durgin |
5/14/2007 12:53:39 PM
Here is the source for this discussion.
http://stockbee.blogspot.com/2007/01/how-to-beat-market-for-125-per-week_11.html
|
guru_trader
485 posts
msg #51596
- Ignore guru_trader |
5/15/2007 2:35:08 AM
Sounds like an idea worth pursuing. Is anyone following this system yet?
|
Muddy
55 posts
msg #51600
- Ignore Muddy |
5/15/2007 6:43:01 AM
I would say that this is worth pursuing
A friend of mine has followed/traded it and seems pleased so far with the results.
|
guru_trader
485 posts
msg #51636
- Ignore guru_trader |
5/16/2007 12:12:42 PM
I noticed that Pradeep posted an update on his IBD200 system performance over the last several months
|