StockFetcher Forums · Filter Exchange · need help to write a filter for (expansion breakouts)<< >>Post Follow-up
morteza471
125 posts
msg #36682
Ignore morteza471
7/3/2005 12:46:30 PM

this is from the popular book it is EXPANSION BREAKOUTS
1-you cannot buy every new high.
2-not all breakouts are created equal.
FOR BUYS
1-today (day one) must be a two-month calendar high.(this strategy does not use adx,nor rs.I simply want a new high accompanied by a range expansion.
2-today's range(high minus low )must be equal to or larger than the largest daily range of the previous nine trading days.
3.tomorrow only, buy 1/8 point above today's high.
4-initial maximum risk (stop)is 1 point under yesterday's close


TheRumpledOne
6,362 posts
msg #36688
Ignore TheRumpledOne
7/3/2005 2:01:55 PM

his is from the popular book it is EXPANSION BREAKOUTS
1-you cannot buy every new high.
2-not all breakouts are created equal.
FOR BUYS
1-today (day one) must be a two-month calendar high.(this strategy does not use adx,nor rs.I simply want a new high accompanied by a range expansion.


set{High2Mon, CLOSE 44 DAY HIGH}


2-today's range(high minus low )must be equal to or larger than the largest daily range of the previous nine trading days.

Set{High9day, Day Point Range 10 DAY HIGH}

3.tomorrow only, buy 1/8 point above today's high.

BACKTEST THIS

4-initial maximum risk (stop)is 1 point under yesterday's close

BACKTEST THIS


Fetcher[
set{High2Mon, CLOSE 44 DAY HIGH}
Set{High9day, Day Point Range 10 DAY HIGH}

CLOSE equal High2Mon

Day Point Range equal High9day

add column High2Mon
add column High9day


]




CLICK ON THE MAGNIFYING GLASS ICON:

Fetcher[
/* JUST ADD YOUR SELECTION CRITERIA BELOW */

set{High2Mon, CLOSE 44 DAY HIGH}
Set{High9day, Day Point Range 10 DAY HIGH}

CLOSE equal High2Mon

Day Point Range equal High9day

add column High9day

sort column 5 descending

/* Basic Filter for newbies and old pros */

set{E36b,days(ema(3) is above ema(6),100)}
set{E36a,days(ema(3) is below ema(6),100)}
set{E3xE6, E36a - E36b}

set{E50200b,days(ma(50) is above ma(200),100)}
set{E50200a,days(ma(50) is below ma(200),100)}
set{M50xM200, E50200a - E50200b}

set{E1326b,days(ema(13) is above ema(26),100)}
set{E1326a,days(ema(13) is below ema(26),100)}
set{E13xE26, E1326a - E1326b}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{CxC, CCa - CCb}

set{E5b,days(close is above ema(5),100)}
set{E5a,days(close is below ema(5),100)}
set{CxE5, E5a - E5b}


set{E50b,days(close is above ma(50),100)}
set{E50a,days(close is below ma(50),100)}
set{CxM50, E50a - E50b}

set{E200b,days(close is above ma(200),100)}
set{E200a,days(close is below ma(200),100)}
set{CxM200, E200a - E200b}


set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolZ, days(volume < 1,100)}
set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VolCnt, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}


set{PARBuy, count(close crossed above Parabolic SAR, 5) }
set{DMIBuy, count( di(14) Difference crossed above 0 , 5) }
set{DMIBuyX, count( di(14) Difference above 0 , 1) }

set{PARSell, count(close crossed below Parabolic SAR, 5) }
set{DMISell, count( di(14) Difference crossed below 0, 5) }
set{DMISellX, count( di(14) Difference below 0, 1) }

set{PARSBuy1, PARBuy * DMIBuy}
set{PARSBuy, PARSBuy1 * DMIBuyX}

set{PARSSell1, PARSell * DMISell}
set{PARSSell, PARSSell1 * DMISellX}

set{PARSTrade, PARSBuy + PARSSell}

set{HiOp, high - open}

and add column VolCnt
and add column Vdbl
and add column volpct

and add column HiOp
and add column Trend

and add column CxC {CxC_}
and add column CxE5 {CxE5}

and add column E3xE6 {E3xE6}
and add column E13xE26 {E13xE26}


and add column CxM50
and add column CxM200
and add column M50xM200

add column rsi(2)
add column weekly rsi(2)

add column PARSBuy
add column PARSSell

and draw Parabolic SAR
and draw +di(14)
and draw -di(14)
and draw adx(14)
and draw di(14) difference

]



MAY ALL YOUR FILLS BE COMPLETE.


StockFetcher Forums · Filter Exchange · need help to write a filter for (expansion breakouts)<< >>Post Follow-up

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