StockFetcher Forums · Filter Exchange · hammer filter builder help<< >>Post Follow-up
3 posts
msg #55425
Ignore tradingcards
9/30/2007 8:28:50 PM

can someone look at this filter builder and tell me what i need to change. I got this from the public filter list. it is almost what i am looking for, but the writer of this filter wants the candle to have a very close open and close. I do not want the tight open and close criteria because it seems to limit the results too much. I care about the tail being very long. every time i change something it messes up the entire results so please help:

set{lshadowsize, body_bottom - low}
set{tshadowsize, high - body_top}
set{body_size, body_top - body_bottom}
set{body_size2, body_size * 2}
show stocks where tshadowsize is more than 3
and lshadowsize > body_size2
close above 5

2,824 posts
msg #55427
Ignore nikoschopen
9/30/2007 10:13:38 PM

First of all, the above filter seems more like an "inverted hammer" than a true hammer to me. Whatever the case, here's a simpler version:

set{tail, min(open, close) - low}
set{range, tail / day point range}
range above 0.66
close below low 1 day ago
price above 5

I get 59 matches as of today (09/30). Is that too limiting?

206 posts
msg #55459
Ignore lockwhiz
10/1/2007 10:34:23 PM

...this sounded like a simple request ...until the results don't quite look at what you'd expect. More of a challenge then I expected...before I enter in too many of my biases I thought I'd post it ....not exactly what you are looking for ,,,but perhaps will get some neurons to fire... some interesting results !

set{body_size,body_top - body_bottom}
set{lshadowsize, body_bottom - low}
/* *********** had a typo here ********* */
set{body_size2, body_size * 2}
set{tshadowsize, high - body_top}
lshadowsize is greater then .2
and lshadowsize is greater then body_size2
and body_size is greater then 0
and price is greater then .5
and open is less then Lower Bollinger Band(20)
and close is greater then open
and offset 0 days ago

StockFetcher Forums · Filter Exchange · hammer filter builder help<< >>Post Follow-up

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