StockFetcher Forums · Filter Exchange · gap entries for niko...etc<< >>Post Follow-up
maxbasily
57 posts
msg #53071
Ignore maxbasily
7/13/2007 2:49:36 PM

niko - help me create not a filter - but the entry selection please.

e.g. I want the entry today to be yesterday´s low but only if today gaps lower

thx!mabuse

nikoschopen
2,824 posts
msg #53077
Ignore nikoschopen
7/13/2007 5:02:14 PM

If this isn't a filter, I dunno what is. :^)

Nevertheless, this filter will (hopefully) give you the advantage of catching a gap reversal when it does occur. I suggest that you monitor any of the fetched stocks in real time for accuracy.

Fetcher[
set{diff, sign(gap) + sign(OPCL%)}
diff equals 0
set{ratio, low 1 day ago / open}
ratio above 1
set{entry, low 1 day ago / close}
entry between 0.99 and 1.01

price above 20
avgvol(17) above 300000

add column separator
add column low 1 day ago{low(-1)}
add column open
add column ratio
add column separator

do not draw diff
do not draw ratio
do not draw entry
]



maxbasily
57 posts
msg #53079
Ignore maxbasily
7/13/2007 5:22:51 PM

thx nico!

but how do I backtest this? if I put ENTRY: low from 1 day ago - fetcher will return all stocks that touched yesterday´s low...what do I put in ENTRY: if I want fetcher to return only stocks that opened lower?

(sorry in case I´m asking a stupid question..)


nikoschopen
2,824 posts
msg #53081
Ignore nikoschopen
7/13/2007 6:14:21 PM

I haven't done much backtesting here at SF, so ure question would be better handled by other backtester junkies than myself. However, I should think "low 2 days ago" would do the trick, considering that you prefer ure entry to be near the low of the previous day and StockFetcher by default will not fill the order until the following day once a buy is triggered, no?

maxbasily
57 posts
msg #53082
Ignore maxbasily
7/13/2007 6:35:15 PM

good to know I´m not the only one who doesn´t "figure" the SF backtesting...

ps..I get decent results in bull markets - not good in bear

another question: if I have yesterday´s MA (5), and close - how do I calculate at what price the price is going to touch the MA (5) THE NEXT DAY??

any idea to this?

thx pal

StockFetcher Forums · Filter Exchange · gap entries for niko...etc<< >>Post Follow-up

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