StockFetcher Forums · Filter Exchange · Very simple filter<< >>Post Follow-up
duke56468
683 posts
msg #114679
Ignore duke56468
7/28/2013 8:50:31 PM

This very simple filter has been profitable on backtest for most 4 mo periods since Jan 1 2010. Using one 5K trade/day max 20 trades, 3%profit stop and RSI(2) cross above 80 exit trigger. Any Ideas how to squeeze better performance out of it especially May-Aug 2010 and 2011?
Fetcher[S&P 500
CLOSE CROSSED BELOW rsI(15)
ADD COLUMN RSI(15)
]



mahkoh
894 posts
msg #114685
Ignore mahkoh
7/29/2013 2:02:20 PM

Duke, just to make sure I understand this correctly:

If a stock's RSI(15) is 60 than you buy if the PRICE of that stock was above 60 yesterday and moved below 60 today?

Of course; if it is profitable it is profitable, but where the heck did you get that idea?

duke56468
683 posts
msg #114686
Ignore duke56468
7/29/2013 4:05:52 PM

Serendipity..by the time realized I was asking the wrong question with the filter I had backtested it positively, doesn't really make sense, but then Kevin's divergence filter doesn't make sense to me either but it works.

StockFetcher Forums · Filter Exchange · Very simple filter<< >>Post Follow-up

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