StockFetcher Forums · Filter Exchange · (rsi)2...............<< 1 2 >>Post Follow-up
miketranz
716 posts
msg #52583
Ignore miketranz
6/27/2007 10:28:05 AM

Can someone come up with a filter for a buy signal when (rsi)2 crosses 25 from the bottom? A good example would be QTWW...Thanks,Mike......

heypa
283 posts
msg #52586
Ignore heypa
6/27/2007 11:32:27 AM

MIKETRANZ You really should put a ittle effort into learning how stockfetcher works.On the first level it is not so hard. Just write what you want. IE RSI(2) CROSSED ABOVE 25 TODAY. You try to make this scan work.

alf44
2,025 posts
msg #52587
Ignore alf44
6/27/2007 11:35:54 AM

RSI(2) is a pretty jumpy lil line !

To try and base BUY decisions on RSI(2) crosses of 25 seems like maybe not the best use of this indicator. imo


Regards,

alf44

nikoschopen
2,824 posts
msg #52588
Ignore nikoschopen
6/27/2007 12:15:50 PM

How did the value of 25 come into the picture? I thought it was always "below 1" or "above 99".

miketranz
716 posts
msg #52590
Ignore miketranz
6/27/2007 12:35:02 PM

You guys are alot of help.What I'm looking for is a move up from (rsi)2,off the bottom.Any suggestions,or do I just wait for the green?? Thanks,Mike...

dbyrt
70 posts
msg #52598
Ignore dbyrt
6/27/2007 5:15:28 PM

I think you'll find, that with RSI(2) crossing 25 on the up, its going to be too late to get onboard.

guru_trader
485 posts
msg #52602
Ignore guru_trader
modified
6/27/2007 5:46:39 PM

Fetcher[
and not otcbb
and close between 0.10 and 250
and avgvol(30) > 54321
and rsi(2) crossed above 1 1 day ago
and rsi(2) crossed above 25
and date offset 0
]


Fetcher[
and not otcbb
and close between 0.10 and 250
and avgvol(30) > 54321
and rsi(2) has been increasing last 2 days
and rsi(2) crossed above 25
and date offset 0
]



miketranz
716 posts
msg #52608
Ignore miketranz
6/27/2007 9:08:18 PM

Thanks guru,now thats what I'm talking about....

miketranz
716 posts
msg #52624
Ignore miketranz
6/28/2007 8:54:42 AM

Guru,I'm not that good at backtesting,but I'm curious what a 1-5 day hold would test like.Thanks again for your help,Mike...

guru_trader
485 posts
msg #52654
Ignore guru_trader
6/29/2007 3:00:32 AM

Fetcher[
and not otcbb
and close between 10 and 18
and avgvol(30) between 54321 and 200000
and avgvol(1) < 450000
and rsi(2) crossed above 1 1 day ago
and rsi(2) crossed above 25
and date offset 0
]


I spent some time tweaking this filter for optimal results, it could handle a little more ...

Trade Statistics
There were 886 total stocks entered. Of those, 884 or 99.77% were complete and 2 or 0.23% were open.
Of the 884 completed trades, 471 trades or 53.28%resulted in a net gain.
Your average net change for completed trades was: 0.38%.
The average draw down of your approach was: -2.14%.
The average max profit of your approach was: 2.47%
The Reward/Risk ratio for this approach is: 1.37
Annualized Return on Investment (ROI): 46.78%, the ROI of ^SPX was: 8.27%.

Exit Statistics
Stop Loss was triggered 0 times or 0.00% of the time.
Stop Profit was triggered 0 times or 0.00% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (2 days) 884 times or 100.00% of the time.
An exit trigger was executed 0 times or 0.00% of the time.


StockFetcher Forums · Filter Exchange · (rsi)2...............<< 1 2 >>Post Follow-up

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