StockFetcher Forums · Filter Exchange · great simple filter<< 1 2 3 >>Post Follow-up
nikoschopen
2,824 posts
msg #38152
Ignore nikoschopen
9/23/2005 1:49:27 PM

It seems that I've made some unwarranted accusations. Call it a slip of tongue. In any case, you have my apologies. As far as being a cynic, I do not think a little dose of opposing views will hurt. Be that as it may, it's not so much that I'm against a numerous filters that are flown everywhere, but the outrageous claims (whether implied or explicit) that their filters are the next holy grail without any evidence to support that claim. How is this any different from hyping some mediocre companies without prospect?


roca1018
43 posts
msg #38171
Ignore roca1018
9/23/2005 9:53:59 PM

Shel,

It dosen't make sense to set tight stops on stocks with RSI(2)
under 1 . Witness WGAT today closing up .29 after bottoming @ 2.02
With a 2% stop , you would have been stopped out. This is one of
numerous examples.

Rich


rtucker
318 posts
msg #38176
Ignore rtucker
9/24/2005 3:09:30 AM

http://www.stockfetcher.com/stockdb/fetcher?p=forum&sub=view&fid=1001&tid=35914&start=0

I think the above thread is good reading for those new to stockfetcher, or, more importantly new to trading. Some experienced traders caution on extremely high ROI's.



jaketheguy
52 posts
msg #38178
Ignore jaketheguy
9/24/2005 8:47:09 AM

Why is it that when I load specific stockfetcher forum address links into my browser (and then rightclick), the stockfetcher home page pops up, rather than the requested forum address?


Koronbock
201 posts
msg #38179
Ignore Koronbock
9/24/2005 3:51:16 PM

There is probably nothing wrong with your browser. The above URL is incomplete though. This is probably the one that Tucker had in mind. I also think this is great reading for beginners and lovers of "unbelievable ROIs".

http://www.stockfetcher.com/stockdb/fetcher?p=forum&sub=view&fid=1001&tid=35914&mid=35967&efstext=cm9p#35967




Koronbock
201 posts
msg #38180
Ignore Koronbock
9/24/2005 4:04:14 PM

Oops,
for some strange reason the above URL I gave, may not work either.

Do a search for "ROI=1489.8 %" (without the quotatins marks) and you will get to the thread.



jaketheguy
52 posts
msg #38189
Ignore jaketheguy
9/24/2005 10:30:30 PM

Thanks Koronbock. See my recent bug report to explain the 'missing link'.

Cheers!


shelupinin
120 posts
msg #38204
Ignore shelupinin
9/26/2005 6:40:21 AM

but filter itself works fine, try to see data offset from 1 to 4 days....


lman
3 posts
msg #38467
Ignore lman
10/15/2005 3:31:09 PM


Backtest Summary: price dropped more than 30 percent over last 15 da...



Approach Information
Approach Name: price dropped more than 30 percent over last 15 da...
Test started on 07/01/2005 ended on 10/14/2005, covering 73 days
Filter used:
price dropped more than 30 percent over last 15 days
and rsi(2) is below 1
and volume is above 50000
and price is >.01 and <.20
and price is >.30 and <.40

and Williams %R(14) below -75



Trade Statistics
There were 510 total stocks entered. Of those, 489 or 95.88% were complete and 21 or 4.12% were open.
Of the 489 completed trades, 278 trades or 56.85%resulted in a net gain.
Your average net change for completed trades was: 11.55%.
The average draw down of your approach was: -9.78%.
The average max profit of your approach was: 29.55%
The Reward/Risk ratio for this approach is: 3.86
Annualized Return on Investment (ROI): 950.38%, the ROI of ^SPX was: -1.35%.

Exit Statistics
Stop Loss was triggered 0 times or 0.00% of the time.
Stop Profit was triggered 29 times or 5.93% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (3 days) 460 times or 94.07% of the time.
An exit trigger was executed 0 times or 0.00% of the time.

Statistics By Holding Period
Completed 1 day chg 2 day chg 3 day chg 4 day chg 5 day chg
Winners: 278 275 253 276 257 243
Losers: 155 128 160 154 167 171
Win/Loss Ratio: 1.79:1 2.15:1 1.58:1 1.79:1 1.54:1 1.42:1
Net Change: 11.55% 7.60% 8.38% 9.65% 10.45% 9.19%

Statistics By Variable: Match Price
<5 <10 <15 <20 <25 <30 <35 <40 <45 <50
Completed 252:128 10:10 10:11 4:1 1:1 0:1 1:2 - 0:1 -
1 day chg 248:97 11:12 8:14 4:2 1:1 0:1 2:1 - 1:0 -
2 day chg 230:129 8:12 9:13 3:2 1:1 0:1 1:2 - 1:0 -
3 day chg 248:127 11:10 11:11 4:1 1:1 0:1 1:2 - 0:1 -
4 day chg 234:137 9:11 8:13 4:1 1:1 0:1 1:2 - 0:1 -
5 day chg 220:145 8:9 9:11 4:1 1:1 0:1 1:2 - 0:1 -

Statistics By Variable: Average Volume
<50.0M <100.0M <150.0M <200.0M <250.0M <300.0M <350.0M <400.0M <450.0M <500.0M
Completed 278:155 - - - - - - - - -
1 day chg 275:128 - - - - - - - - -
2 day chg 253:159 - - - - - - - - 0:1
3 day chg 276:153 - - - - - - - - 0:1
4 day chg 256:167 - - - - - - - - 1:0
5 day chg 242:171 - - - - - - - - 1:0










lman
3 posts
msg #38468
Ignore lman
10/15/2005 3:42:04 PM

Backtest Summary: price dropped more than 30 percent over last 15 da...

and price is between .01 and .05

Approach Information
Approach Name: price dropped more than 30 percent over last 15 da...
Test started on 07/01/2005 ended on 10/14/2005, covering 73 days
Filter used:
price dropped more than 30 percent over last 15 days
and rsi(2) is below 1
and volume is above 50000
and price is between .01 and .05


and Williams %R(14) below -75



Trade Statistics
There were 101 total stocks entered. Of those, 96 or 95.05% were complete and 5 or 4.95% were open.
Of the 96 completed trades, 52 trades or 54.17%resulted in a net gain.
Your average net change for completed trades was: 16.29%.
The average draw down of your approach was: -12.71%.
The average max profit of your approach was: 44.30%
The Reward/Risk ratio for this approach is: 3.56
Annualized Return on Investment (ROI): 1327.36%, the ROI of ^SPX was: -1.35%.

Exit Statistics
Stop Loss was triggered 0 times or 0.00% of the time.
Stop Profit was triggered 12 times or 12.50% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (3 days) 84 times or 87.50% of the time.
An exit trigger was executed 0 times or 0.00% of the time.

Statistics By Holding Period
Completed 1 day chg 2 day chg 3 day chg 4 day chg 5 day chg
Winners: 52 49 46 47 44 35
Losers: 21 16 19 26 28 30
Win/Loss Ratio: 2.48:1 3.06:1 2.42:1 1.81:1 1.57:1 1.17:1
Net Change: 16.29% 11.65% 11.67% 9.65% 10.69% 8.28%

Statistics By Variable: Match Price
<0.015 <0.02 <0.025 <0.03 <0.035 <0.04 <0.045 <0.05 <0.055 <0.06
Completed 6:5 - 19:7 10:6 - - 14:3 - 3:0 -
1 day chg 7:1 - 15:7 10:5 - - 14:3 - 3:0 -
2 day chg 7:1 - 13:9 10:5 - - 13:4 - 3:0 -
3 day chg 7:2 - 14:11 11:6 - - 13:6 - 2:1 -
4 day chg 8:3 - 12:11 10:7 - - 12:6 - 2:1 -
5 day chg 6:3 - 11:9 10:9 - - 7:8 - 1:1 -

Statistics By Variable: Average Volume
<1.5M <3.0M <4.5M <6.0M <7.5M <9.0M <10.5M <12.0M <13.5M <15.0M
Completed 45:18 6:1 0:1 - - 1:0 - 0:1 - -
1 day chg 40:13 7:2 0:1 - - 1:0 - 1:0 - -
2 day chg 40:16 5:1 0:1 - - 1:0 - 0:1 - -
3 day chg 41:22 5:2 0:1 - - 1:0 - 0:1 - -
4 day chg 38:24 5:2 0:1 - - 1:0 - 0:1 - -
5 day chg 29:28 5:0 0:1 - - 1:0 - 0:1 - -









StockFetcher Forums · Filter Exchange · great simple filter<< 1 2 3 >>Post Follow-up

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