StockFetcher Forums · Filter Exchange · WSE Fibonacci CCI<< 1 2 >>Post Follow-up
srinisu
22 posts
msg #73734
Ignore srinisu
4/21/2009 9:40:50 AM

Could someone assist with this filter. I read it off http://www.wseincome.blogspot.com/

This method uses Fibonacci in combination with the Commodity Channel Index (CCI). You will need 3 pairs of CCI, the 8 period, 13 period, and 21 period. The next step is to calculate the average of the CCI. Add the 8+13+21 reading and divide by 3.

Buy signals are generated when the WSE Fibonacci CCI dips below -200.
Primary exit signal is generated when the WSE Fibonacci CCI rises above -84.
Secondaryy exit signal is generated when the WSE Fibonacci CCI rises above 0.
Extended exit signal is generate when the WSE Fibonacci CCI rises above +84.

Short signals are generated when the WSE Fibonacci CCI rises above +200.
Primary exit signal is generated when the WSE Fibonacci CCI dips below +84.
Secondary exit signal is generated when the WSE Fibonacci CCI dips below 0.
Extended exit signal is generate when the WSE Fibonacci CCI dips below -84.

Ideally the chart could show just the hyrbid CCI line i.e. CCI(8+13+21/3) plotted on the graph. Otherwise if a column could be added with the hybrid value, to make it easier for everyone to follow.

Has anyone here verified that the backtesting tool on StockFetcher is accurate? I've tried a few filters and if you take the default values, I can get some decent results. Tweaking the default settings to reduce losses ends up skewing the results big time. Any feedback is appreciated and thanks to the coders for their work. Thx.

chetron
2,817 posts
msg #73741
Ignore chetron
4/21/2009 6:36:30 PM

maybe.....

Fetcher[
set{var1,cci(8) + cci(13)}
set{var2,var1 + cci(21)}
set{3xcci,var2 / 3}

draw var2
draw 3xcci

add column 3xcci

close above .2
volume above 1000000
sort column 5 descending

]



srinisu
22 posts
msg #73757
Ignore srinisu
4/21/2009 10:35:45 PM

Thanks Chetron.

chetron
2,817 posts
msg #73768
Ignore chetron
4/22/2009 6:32:15 AM

YOU'RE VERY WELCOME = )

mightybobo1
6 posts
msg #74761
Ignore mightybobo1
5/27/2009 7:49:07 AM

Chetron, I been reading your posts . You are awesome at writing these filters. I am pretty new to this: What exactly does this filter show me. I'm seeing large gains in a day or three. But what are the green, red and yellow lights?

mightybobo1
6 posts
msg #74763
Ignore mightybobo1
5/27/2009 7:55:08 AM

I think I got it . Nice work

mightybobo1
6 posts
msg #74818
Ignore mightybobo1
modified
5/29/2009 4:28:55 AM

THis is a variation on Chetrons' Fib retrace code.

I added:

1. Slow stochastics increasing over 2 days

2. OBV increasining over 2 days

3. 3xcci increasing for the last 2 days.


Does anyone have any suggestions to more acccuratly illustrate a change in direction or strength in trend?

On the original post, the buy signals were said to be -200. I don't get that. I see quite a few that show -400 and more. When I examine the stock the other technicals don't look good for a long position. Also , I see a lot of divergences that would probably get past me on the fly (yes, I'm new).

Just looking a t the charts it seems buying or shorting should be accomplished around the zero line (depending on other variables).

All the chatter aside.

Quick Robin, to the backtest!!,

to back test I added " buy when the 3xcci crosses above the zero line"

It's testing pretty well. I test over 3 and 4 month periods with a ROI of 30 to 40 %

For exits:

price is 20% over ma (20)

bearish egulfing candle

hanging man candle.

Looking at the time periods, i think it could be optimized further. Right now it's leaving a lot on the table.

I am looking especially for exit suggestions pertaining to this filter. Thanks again!




set{var1,cci(8) + cci(13)}
set{var2,var1 + cci(21)}
set{3xcci,var2 / 3}

draw var2
draw 3xcci

add column 3xcci

Show stocks where the 3xcci has been increasing over the last 2 days and
Slow Stochastic(8,5) Fast %K has been increasing over the last 2 days and
OBV has been increasing over the last 2 days

close above .2
volume above 500000
sort column 5 ascending



]

chetron
2,817 posts
msg #74822
Ignore chetron
5/29/2009 9:19:21 AM

clickable is rememebering the Fetcher..........


Fetcher[

set{var1,cci(8) + cci(13)}
set{var2,var1 + cci(21)}
set{3xcci,var2 / 3}

draw var2
draw 3xcci

add column 3xcci

Show stocks where the 3xcci has been increasing over the last 2 days and
Slow Stochastic(8,5) Fast %K has been increasing over the last 2 days and
OBV has been increasing over the last 2 days

close above .2
volume above 500000
sort column 5 ascending
]



tomm1111
198 posts
msg #75579
Ignore tomm1111
6/18/2009 1:01:36 AM

Nice work guys. How about...

(If the name doesn't give it away, shorts only!)

Fetcher[
/* DEAD WEIGHT FILTER*/
/* 5 Period Hull Moving Average with a WMA(2) Crossover */
set{fast1,cwma(close,3)}
set{fast2,2 * fast1}
set{fast3,cwma(close,5)}
set{valfast,fast2 - fast3}
set{fastavg,cwma(valfast,3)}
set{mvavg,cwma(fastavg,2)}

set{hull_diff,fastavg - mvavg}

draw fastavg on plot price
draw mvavg on plot price
draw hull_diff
draw hull_diff line at 0

set{var1,cci(8) + cci(13)}
set{var2,var1 + cci(21)}
set{3xcci,var2 / 3}

/*Hull MA/Signal Crossover Stochastic */
set{clow,hull_diff 5 day low}
set{chigh,hull_diff 5 day high}
set{num,hull_diff - clow}
set{dnom,chigh - clow}
set{ccc3,num/dnom}
set{hull_calc,ccc3 * 100}

set{hull_diff_sto,cema(hull_calc,3)}
draw hull_diff_sto

add column 3xcci
add column hull_diff_sto

close above 1
volume above 500000
sort column 6 descending
and 3xcci is above 150

and average day range (20) is greater than 10%
and do not draw average day range (20)
]



tomm1111
198 posts
msg #75580
Ignore tomm1111
modified
6/18/2009 1:07:42 AM

Basic "subscription-ized". Yields the same stocks but loses the hull sorting.

Fetcher[
/* DEAD WEIGHT FILTER*/
/* 5 Period Hull Moving Average with a WMA(2) Crossover */
set{fast1,cwma(close,3)}
set{fast2,2 * fast1}
set{fast3,cwma(close,5)}
set{valfast,fast2 - fast3}
set{fastavg,cwma(valfast,3)}
set{mvavg,cwma(fastavg,2)}

set{hull_diff,fastavg - mvavg}

draw fastavg on plot price
draw mvavg on plot price
draw hull_diff

set{var1,cci(8) + cci(13)}
set{var2,var1 + cci(21)}
set{3xcci,var2 / 3}

add column 3xcci

close above 1
volume above 500000
sort column 5 descending
and 3xcci is above 150

and average day range (20) is greater than 10%
and do not draw average day range (20)
]



StockFetcher Forums · Filter Exchange · WSE Fibonacci CCI<< 1 2 >>Post Follow-up

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