StockFetcher Forums · General Discussion · Average Daily range/movement<< >>Post Follow-up
ChizzleMeTimbers
36 posts
msg #75068
Ignore ChizzleMeTimbers
6/5/2009 12:05:34 PM

I am trying to create a filter and the general idea behind it is taht I want to only see stocks that MOVE intraday... most of my filters constantly spit out retarded things like PFE and MO etc etc everyday.... They meet my price/volume requirements... so I feel the next step (as an intraday trader) is to also incorporate average daily movement in stocks I want to trade.... but what does taht really mean and how do I program it... The minimum movement in a stock (i guess high minus low of the day) should be at LEAST .75 cents... how would I create that?

Also, any other ideas on how to find volatile stocks without using average daily movements?

Thank you so much

karennma
6,824 posts
msg #75093
Ignore karennma
modified
6/5/2009 4:38:07 PM

Here's a very elementary one you can use.
Please note: "sort column 7 descending" applies to the column # that is my Av. Day Range(30) column.
If yours is column "4", then change the number to "4".

Fetcher[
add column high
add column low
close > 11.00
add column average day range(30)
sort column 7 descending
average volume(30) > 1000000
volume > 1000000
average day range(30) > 3%


]



mystiq
650 posts
msg #75109
Ignore mystiq
6/6/2009 2:14:51 AM

Also, any other ideas on how to find volatile stocks without using average daily movements?
-try using Historical Volativity > 90-

ChizzleMeTimbers
36 posts
msg #75121
Ignore ChizzleMeTimbers
6/6/2009 11:19:13 AM

The thing is, as an intraday trader and not a swing trader which I feel like many on stockfetcher are, I really do not care about % movements but more price movements... so

average volume(30) > 1000000
volume > 1000000
average day range(30) > 3%


would there be something such as...

average daily movement (30) > 1.50

or did I just make that filter up...

I feel that this filter coupled with a volume spike filter, which I do not know either but I believe it is something along the lines of...

Past day volume exceeds previous 20 days volume by 80%
or
Progressively more and more volume comes into the stock for three straight days...

Thanks again for the help gentlemen

SAFeTRADE
412 posts
msg #75122
Ignore SAFeTRADE
6/6/2009 1:33:24 PM

Here is a TRO fiter I adapted for my own use. It looks for .50 cent, 75 cent and .99 cent movements between ope and high of the day. Hope it helps.

Fetcher[
set{HiOp10, high - open}
set{HiOpCnt10, count( HiOp10 above .10, 10) }
set{HiOp5010, count( HiOp10 above .50, 10) }
set{HiOp7510, count( HiOp10 above .75, 10) }
set{HiOp9910, count( HiOp10 above .99, 10) }
average volume(30) > 500000
CLOSE < 35
ODDS105 > .789
set{odds105, hiop5010 / hiopcnt10}
set{odds107, hiop7510 / hiopcnt10}
set{odds109, hiop9910 / hiopcnt10}
add column separator
add column odds105{%50}
add column odds107{%75}
add column odds109{%99}
add column separator
add column hiopcnt10{+10}
add column hiop5010{+50}
add column hiop7510{+75}
add column hiop9910{+99}
add column separator
sort column 6 descending

/* FIGURE AVERAGE DAY RANGE(20) */

SET{SPREAD, CMA(HiOp10,20)}
SET{SPODDS50, .50 / SPREAD}
SET{SPODDS75, .75 / SPREAD}
SET{SPODDS99, .99 / SPREAD}
ADD COLUMN SPREAD{R20}
ADD COLUMN SPODDS50{%.50}
ADD COLUMN SPODDS75{%.75}
ADD COLUMN SPODDS99{%.99}
ADD COLUMN INDUSTRY


/* EXCEEDS FILTER CAPABILITIES */
/* SET{%50VAL, INDPOSITION(odds1005,60) * 100}
SET{%75VAL, INDPOSITION(odds1007,60) * 100}
SET{%99VAL, INDPOSITION(odds1009,60) * 100}
SET{S50VAL, INDPOSITION(SPODDS50,60) * 100}
SET{S75VAL, INDPOSITION(SPODDS75,60) * 100}
SET{S99VAL, INDPOSITION(SPODDS99,60) * 100}

DRAW %50VAL ON PLOT %75VAL
DRAW %99VAL ON PLOT %75VAL
DRAW S50VAL ON PLOT %75VAL
DRAW S75VAL ON PLOT %75VAL
DRAW S99VAL ON PLOT %75VAL */


/* END */
]



ChizzleMeTimbers
36 posts
msg #75123
Ignore ChizzleMeTimbers
6/6/2009 2:45:59 PM

Does this also include low of the day? Or I am assuming most of the users here including you want to play the longside for obvious reasons..

And the two filters posted both involve columns etc... that is essentially the same as what I do now except when the results are posted there are new columns showing extra information that IS filtered out already too... correct? Thank you for the help, I feel creating the same filter for Open-Low will be pretty easy right

StockFetcher Forums · General Discussion · Average Daily range/movement<< >>Post Follow-up

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