StockFetcher Forums · Filter Exchange · rsi(2) by far best indicator-but you need to do something<< 1 2 3 4 5 >>Post Follow-up
MARY4MONEY
806 posts
msg #49937
Ignore MARY4MONEY
2/9/2007 10:57:32 PM

is there a way to adjust the time frames on the back testing-thanks


MARY4MONEY
806 posts
msg #49938
Ignore MARY4MONEY
2/9/2007 10:58:18 PM

is there a way to adjust the time periods for back testing


MARY4MONEY
806 posts
msg #49939
Ignore MARY4MONEY
2/9/2007 11:07:49 PM

here are my screen results for 2003---weekly rsi(2) below 3 and apply to watchlist(wl9qq... 02/09/2007 12/31/2003 06/29/2004 85% 15% 5.50:1 5.39 133.75% Delete Copy
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weekly rsi(2) below 3 and apply to watchlist(wl9qq... 02/09/2007 12/31/2003 06/29/2004 83% 17% 4.75:1 4.29 92.21% Delete Copy
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weekly rsi(2) below 3 and apply to watchlist(wl9qq... 02/09/2007 12/31/2003 06/29/2004 100% 0% 0.00:1 0.00 185.14% Delete Copy
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weekly rsi(2) below 3 and apply to watchlist(wl9qq... 02/09/2007 12/31/2003 06/29/2004 86% 14% 6.00:1 5.60 117.03% Delete Copy
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market is nasdaq 100 and weekly rsi(2) above 90 an... 02/08/2007 12/31/2003 06/29/2004 89% 11% 8.00:1 7.78 158.08% Delete Copy
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market is nasdaq 100 and rsi(2) below 5.01 and dat... 02/06/2007 12/31/2003 06/29/2004 75% 25% 3.00:1 3.67 78.60% Delete Copy
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market is nasdaq 100 and rsi(2) below 3 and mfi(5)... 02/08/2007 12/31/2003 06/29/2004 78% 22% 3.50:1 3.50 90.81% Delete Copy
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cello13
88 posts
msg #49959
Ignore cello13
modified
2/12/2007 10:35:06 AM

@Mary4money: Maybe the addition of DMA(28,-14) could improve the results more than playing with industries? Or a combination with Stockastics? Have a look...

Maybe somebody likes to backtest and/or modify this one here:

Fetcher[weekly rsi(2) below 3 1 day ago
rsi(2) below 3 1 day ago
dma(28,-14) 1 day ago more than 3 % above close 1 day ago
macd histogram(4,8)1 day ago is above macd histogram 7 days ago
macd histogram(4,8) above macd histogram(4,8) 1 day ago

average volume(90) above 100000
market is not otcbb

/* ACCUMULATION WARM POP-80 */

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE RSI(7) */

set{rsval, INDPOSITION(RSI(7), 60) * 100}

/* NORMALIZE CCI(7) */

set{ccval, INDPOSITION(CCI(7), 60) * 100 }

/* NORMALIZE williams %R(7) */

set{wrval, INDPOSITION(williams %R(7), 60) * 100 }

and draw wrval
and draw adval on plot wrval
and draw rsval on plot wrval
and draw ccval on plot wrval
draw linear regression(60)

set{Diff, DMA(28,-14) minus close}
set{Diff%, Diff * 100 divided by close}

add column diff%
]










SAFeTRADE
414 posts
msg #49964
Ignore SAFeTRADE
2/12/2007 10:48:16 AM

DMA(28,14) in the last 1 day, is nothing more than MA(14). All you are doing is buying in a dip. price below MA(14) by 3%. Don't get hood winked by where you see DMA(28,14) 2 weeks in the past. Looks are deceiving. DMA(14,7) in the last 1 day is nothing more than a MA(7). Don't believe it? Try this....
add column DMA(28,14)
add column MA(14) and see what values are returned.

DMA(28,14) and MA(14) two weeks ago in uptrending stocks always show large divergence, but notice how the gap always closes and the two meet in the last 1 day.


heypa
283 posts
msg #49965
Ignore heypa
2/12/2007 12:21:14 PM

DMA28 when plotted{a correct plot of a ma by the way}leaves the plotter with a problem and that is-what to do with the empty space to the present?.I believe stockfetcher has chosen to fill the space by reducing the ma by one unit each day until the present day. The plot is of a ma 14 for a dma 28 on the last day is correct analysis.How one could logically use a line like this to pick stocks is beyond my ability to analyse.Blind stumbleing luck could be one answer:but I don't like to rely on it.Probable future action is difficult enough to predict.Logic can be applied to illogical things(the market} though not with certainty.


maxreturn
745 posts
msg #49967
Ignore maxreturn
2/12/2007 12:30:37 PM

Safetrade, it's amazing to me how many people don't understand this. It's simple common sense. Today you are computing a 28 day period average and then shifting it back 14 days in time. You can't trade the past folks.


heypa
283 posts
msg #49973
Ignore heypa
2/12/2007 3:27:17 PM

maxreturn being correct and trying to find a crutch for trading are two different things.


heypa
283 posts
msg #49974
Ignore heypa
2/12/2007 3:46:34 PM

maxreturn---I apologize.It was unkind.


cello13
88 posts
msg #49988
Ignore cello13
modified
2/13/2007 2:10:45 AM

You're both right. DMA(28,-14) is MA(14) and the last 14 days have been filled up with an MA(28) or MA(14). But I don't care as long as it brings out good results!

Any idea to improve the results of weekly rsi(2) and rsi(2)? That was in fact my question...



StockFetcher Forums · Filter Exchange · rsi(2) by far best indicator-but you need to do something<< 1 2 3 4 5 >>Post Follow-up

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