StockFetcher Forums · Filter Exchange · rsi 2 - daily and weekly<< 1 2 3 >>Post Follow-up
four
3,995 posts
msg #88310
Ignore four
2/16/2010 7:53:22 AM

@gmg733 ...

Fetcher[close > open
weekly rsi(2) crossed above 5 within last 5 days lag 5 days
weekly rsi(2) crossed above 11 within last 2 days


close > .5 AND CLOSE < 250
day point range > .99
AND DO NOT DRAW DAY POINT RANGE
volume > 1000000

SET{V1, DAY POINT RANGE/5}
SET{V2, MAX(CLOSE,OPEN) +V1}
DRAW V2 ON PLOT CLOSE


add column separator
ADD COLUMN V1
ADD COLUMN V2
]



chetron
2,817 posts
msg #88311
Ignore chetron
2/16/2010 8:04:58 AM

@ 4, is "lag" a word????????

TheRumpledOne
6,359 posts
msg #88313
Ignore TheRumpledOne
2/16/2010 8:49:31 AM

Yes, lag is a SF word.

four
3,995 posts
msg #88321
Ignore four
2/16/2010 12:55:33 PM

http://yepher.com/stockfetcher/command-cmddoc.html#Lag

chetron
2,817 posts
msg #88322
Ignore chetron
2/16/2010 1:37:08 PM

THANX

VenturaTrader
30 posts
msg #88337
Ignore VenturaTrader
2/16/2010 11:20:28 PM

Four, thanks for the response and filter.

The ETF strategy I outlined previously herein is just used with the same very liquid ETFs, both long and inverse. I don't use Stock Fetcher's filtering abilities to pick new stock candidates to enter. There's too much drama with stocks! SF 2.0 has some really nice charts which are used to decide which ETFs to buy/sell based on the daily and weekly RSI (2). The chart gives the buy/sell signals so I don't know if this strategy can be backtested.

It's not a wildly complicated strategy, but merely a simple trend following strategy, which hopefully, with using some simple money management techniques (and a stop to get me out if needed) will allow me to capture a partial move in the market while I am at work. Who could asked for more?

I don't make money everytime if I am stopped out, but the results are much better than buy and hope!

Mike

four
3,995 posts
msg #88360
Ignore four
2/17/2010 10:42:11 PM


Thank you
&
Keep posting

We have easily defined these two words:
Collaboration and Reciprocation

lillian
26 posts
msg #88413
Ignore lillian
2/19/2010 12:13:24 PM

@four,
to clarify you buy the next day when the ticker breaks the previous day's high? and you sell when it breaks the previous day's low, right? thanks very much!

four
3,995 posts
msg #88414
Ignore four
modified
2/19/2010 12:51:46 PM

@lillian
Fetcher[close > open
weekly rsi(2) < 70
daily rsi(2) < 10
close > .5 AND CLOSE < 250
day point range > .99
AND DO NOT DRAW DAY POINT RANGE
volume > 100000

SET{V1, DAY POINT RANGE/5}
SET{Buy_next_day, MAX(CLOSE,OPEN) +V1}
DRAW Buy_next_day ON PLOT CLOSE


ADD COLUMN V1

add column separator
ADD COLUMN Buy_next_day
]



----------------------
Q: you buy the next day when the ticker breaks the previous day's high?
A: buy price = column "Buy_next_day"

----------------------
Q: you sell when it breaks the previous day's low
A: experiment with paper trades, perhaps a trailing stop at previous day's low will work
when would you take profit?


--Remember I haven't even paper traded this. It is a post for ideas and thoughts. Be careful and always investigate and due diligence.

dm1518
15 posts
msg #91161
Ignore dm1518
modified
4/14/2010 8:08:12 AM

I could really use some help in understanding this... I'm trying to figure out why the code for a 1 day increase in the Weekly RSI(2) is not working properly when I backtest. Ideally, I am trying to catch SPY on Feb 8th, when there was a noticeable increase in the Weekly RSI - of course, this filter ought to catch any increase (under rsi(2) of 28).

Here's what I'm using now that isn't working...

Fetcher[date offset 2/8/2010
symlist(spy)

draw weekly RSI(2) on plot rsi(2)
add column Weekly RSI(2)
Weekly RSI(2) is greater than weekly rsi(2) 1 day ago
weekly rsi(2) is less than 28
]



During the last swing low of the market, this screen only caught 2 days oddly enough - the 2/10 and 1/26. It completely skipped over the 8th when there was clearly a rise in the weekly rsi(2) from the previous day.

Any help is greatly appreciated in fixing this and understanding it more.

StockFetcher Forums · Filter Exchange · rsi 2 - daily and weekly<< 1 2 3 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus