StockFetcher Forums · Filter Exchange · found a very simplw way to find good breakouts from any pattern<< 1 2 3 >>Post Follow-up
MARY4MONEY
806 posts
msg #85540
Ignore MARY4MONEY
1/4/2010 10:15:53 PM

just include with you daily rsi(2) in your filter the rsi(2) 1 day ago-- then- hit this one on your filter when it comes up to the lowest rsi(2) s- then look at today rsi(2) and look for extreme moves from yesterdays rsi(2) s or you can just say rsi(2) below 20 1 day ago- this will give you all the stocks that have broken out--this will also give you good weekly macd(2,3,1) breakouts with goog up sharpe angel on you weekly rsi(2) also

straken
469 posts
msg #85543
Ignore straken
modified
1/4/2010 10:43:06 PM

Why not add.....
2 day slope of RSI(2) > 8

also works with weekly rsi2

I use this in several of my filters to measure the pressure of the RSI2. Higher the slope, the more buying pressure.
Just a thought....Let me know what you think.

mktmole
325 posts
msg #85558
Ignore mktmole
1/5/2010 11:04:28 AM

how about...

Fetcher[set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column pctchg
draw oldrsi
draw newrsi
pctchg > .1

and 2 day slope of RSI(2) > 8
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg

and price between 2 and 60
and average volume(15) > 750,000
and sort by column 8 descending
]



...with thanks to cegis from 2004

mm

straken
469 posts
msg #85562
Ignore straken
1/5/2010 12:49:34 PM

Very nice, just adding a few things. Might have to backtest this later, but back up and look at the returns of the higher adx with a very powerfull weekly rsi slope.

Fetcher[
set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column pctchg
add ADX(14)
draw oldrsi
draw newrsi
pctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending
]



traderseb
36 posts
msg #85621
Ignore traderseb
1/6/2010 6:54:13 AM

Interesting filters but you have a variable that is undefined. Run Debug.

"2daypctchg" is defined by the set statement

"pctchg" is not defined and therefore cannot be > .1

chetron
2,817 posts
msg #85623
Ignore chetron
modified
1/6/2010 7:42:23 AM

DOES THIS MAKE SENSE?????


Fetcher[
set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of RSI(2) > 8
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg

and price between 2 and 60
and average volume(15) > 750,000
and sort by column 8 descending
]



OR THIS......


Fetcher[

set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
add COLUMN ADX(14)
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending

]



MARY4MONEY
806 posts
msg #85641
Ignore MARY4MONEY
1/6/2010 12:17:53 PM

this seems to work with incredible results-- look what you could of done on the options--stock is optionable and average volume(50) above 1000000 and set{d5,atr(5)/ma(5)} and set{dd5,d5*100} and add column dd5 and and set{pro,weekly atr(8)/weekly ma(8)} and CLOSE ABOVE 4 and close above ma(200)and close below ma(50)and close more than 2% below ma(50) and rsi(2) below 20 and pro above 0.075---------------------------------------Performance results for your filter covering the dates:
Thursday December 31, 2009 to Wednesday January 6, 2010

Change Offset
<< Week Day Previous Next Day Week >>
Results For Next... Overall Adv(%) Dec(%) Adv vs Dec Unch IXIC(%) DJIA(%)
1 Day +5.55% 21 (+5.55%) 0 (n/a)
0 +1.73% +1.50%
2 Days +9.09% 21 (+9.09%) 0 (n/a)
0 +1.74% +1.38%
3 Days +10.55% 21 (+10.55%) 0 (n/a)
0 +1.74% +1.38%
Current +10.55% 21 (+10.55%) 0 (n/a)
0 +1.74% +1.38%
21 matching stocks

picked off lvs mtw mgm jrcc joyg and wynn- they all would of given you 300-2000% gains in 3 days-- lvs jan call is at 0.15 now a big buy-- i got the lvs 17.5 calls for 0.05 last hturdays which is happy friday- they are now .1$

straken
469 posts
msg #85648
Ignore straken
1/6/2010 1:32:10 PM

chetron
1/6/2010 7:42:23 AM


Chetron,
How would you write the code for lets say 2 day slope of RSI(2) making a 30 day low?

chetron
2,817 posts
msg #85649
Ignore chetron
1/6/2010 1:53:07 PM

how about...

Fetcher[


set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
add COLUMN ADX(14)
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending

set{var1,2 day slope rsi(2)}
var1 reached new 30 day low

]




for testing...

Fetcher[


set{oldrsi,RSI(2) 2 days ago}
set{newrsi,RSI(2)}
set{diff,newrsi - oldrsi}
set{2daypctchg,diff / oldrsi}
add column diff
add column 2DAYpctchg
add COLUMN ADX(14)
draw oldrsi
draw newrsi
2DAYpctchg > .1

and 2 day slope of weekly RSI(2) > 55
and add column weekly RSI(2) and add column RSI(2)
and add column 2daypctchg
and add column 2 day slope of weekly RSI(2) {2d_wrsi2}
and price between 2 and 250
and average volume(15) > 750,000
and sort by column 9 descending

set{var1,2 day slope rsi(2)}
var1 reached new 30 day low within last 30 day

]



karennma
6,831 posts
msg #85659
Ignore karennma
1/6/2010 4:12:51 PM

M4M:
I copied that 2nd filter you posted ...
stock is optionable and average volume(50) above 1000000 and set{d5,atr(5)/ma(5)} and set{dd5,d5*100} and add column dd5 and and set{pro,weekly atr(8)/weekly ma(8)} and CLOSE ABOVE 4 and close above ma(200)and close below ma(50)and close more than 2% below ma(50) and rsi(2) below 20 and pro above 0.075

I only got one pic ... DDR @ 8.98

Anyone else try that filter?


StockFetcher Forums · Filter Exchange · found a very simplw way to find good breakouts from any pattern<< 1 2 3 >>Post Follow-up

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