StockFetcher Forums · General Discussion · Careful Kids All These Filters Are A Joke<< 1 2 >>Post Follow-up
TheRumpledOne
6,362 posts
msg #86863
Ignore TheRumpledOne
1/22/2010 11:26:21 PM

mesayah, reminds me of THE MIGHTY RIGGS... hmmmm?

mesayah
658 posts
msg #86864
Ignore mesayah
1/22/2010 11:34:20 PM

Look familiar,


The Mesayah 13th tro Super Short.

I took out the lower priced stocks under $5.00

and backtested it with 2% stop loss & 1% stop profit. take out 25 day holding period. Look how bad a long it is and manually offset dates to check in any environment. Oh yeah, very few results though.


/* 13th Floor ADR Specs*/

set{adr10 , average day range (10) }
set{adr30 , average day range (30) }

and add column adr10
and add column adr30

average day range(10) is above 10 percent
close price is between 5 and 10000
volume is above 300000

/* TRO STAT DISPLAY - 10 PERCENT POPS PER WEEK */

set{HiOp, high - open}
set{Long_Profit, HiOp/open }

set{B10A, count(Long_Profit > .10 , 100)}

set{A10A, count(Long_Profit > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
and add column B10A {GT10%}

add column chg{(wk)}
add column chg 1 week ago{(-1wk)}
add column chg 2 weeks ago{(-2wk)}
add column chg 3 weeks ago{(-3wk)}
add column chg 4 weeks ago{(-4wk)}
add column chg 5 weeks ago{(-5wk)}
add column chg 6 weeks ago{(-6wk)}
add column chg 7 weeks ago{(-7wk)}
add column chg 8 weeks ago{(-8wk)}
and add column separator
add column industry
add column sector
and add column separator

sort column 6 descending
CHART-TIME 1 MONTH

mesayah
658 posts
msg #86865
Ignore mesayah
1/22/2010 11:36:17 PM

/* 13th Floor ADR Specs*/

set{adr10 , average day range (10) }
set{adr30 , average day range (30) }

and add column adr10
and add column adr30

average day range(10) is above 10 percent
close price is between 5 and 10000
volume is above 300000

/* TRO STAT DISPLAY - 10 PERCENT POPS PER WEEK */

set{HiOp, high - open}
set{Long_Profit, HiOp/open }

set{B10A, count(Long_Profit > .10 , 100)}

set{A10A, count(Long_Profit > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
and add column B10A {GT10%}

add column chg{(wk)}
add column chg 1 week ago{(-1wk)}
add column chg 2 weeks ago{(-2wk)}
add column chg 3 weeks ago{(-3wk)}
add column chg 4 weeks ago{(-4wk)}
add column chg 5 weeks ago{(-5wk)}
add column chg 6 weeks ago{(-6wk)}
add column chg 7 weeks ago{(-7wk)}
add column chg 8 weeks ago{(-8wk)}
and add column separator
add column industry
add column sector
and add column separator

sort column 6 descending
CHART-TIME 1 MONTH

Trade Statistics
There were 2856 total stocks entered. Of those, 2843 or 99.54% were complete and 13 or 0.46% were open.
Of the 2843 completed trades, 568 trades or 19.98%resulted in a net gain.
Your average net change for completed trades was: -1.36%.
The average draw down of your approach was: -7.33%.
The average max profit of your approach was: 6.00%
The Reward/Risk ratio for this approach is: 0.15
Annualized Return on Investment (ROI): -34220.88%, the ROI of ^SPX was: 4.81%.

Exit Statistics
Stop Loss was triggered 2275 times or 80.02% of the time.
Stop Profit was triggered 568 times or 19.98% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (0 days) 0 times or 0.00% of the time.
An exit trigger was executed 0 times or 0.00% of the time.


mesayah
658 posts
msg #86866
Ignore mesayah
modified
1/22/2010 11:40:45 PM

Or 4% loss 2% profit...


/* 13th Floor ADR Specs*/

set{adr10 , average day range (10) }
set{adr30 , average day range (30) }

and add column adr10
and add column adr30

average day range(10) is above 10 percent
close price is between 5 and 10000
volume is above 300000

/* TRO STAT DISPLAY - 10 PERCENT POPS PER WEEK */

set{HiOp, high - open}
set{Long_Profit, HiOp/open }

set{B10A, count(Long_Profit > .10 , 100)}

set{A10A, count(Long_Profit > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
and add column B10A {GT10%}

add column chg{(wk)}
add column chg 1 week ago{(-1wk)}
add column chg 2 weeks ago{(-2wk)}
add column chg 3 weeks ago{(-3wk)}
add column chg 4 weeks ago{(-4wk)}
add column chg 5 weeks ago{(-5wk)}
add column chg 6 weeks ago{(-6wk)}
add column chg 7 weeks ago{(-7wk)}
add column chg 8 weeks ago{(-8wk)}
and add column separator
add column industry
add column sector
and add column separator

sort column 6 descending
CHART-TIME 1 MONTH


Trade Statistics
There were 2847 total stocks entered. Of those, 2833 or 99.51% were complete and 14 or 0.49% were open.
Of the 2833 completed trades, 945 trades or 33.36%resulted in a net gain.
Your average net change for completed trades was: -1.96%.
The average draw down of your approach was: -7.45%.
The average max profit of your approach was: 6.14%
The Reward/Risk ratio for this approach is: 0.27
Annualized Return on Investment (ROI): -10165.00%, the ROI of ^SPX was: 4.81%.

Exit Statistics
Stop Loss was triggered 1888 times or 66.64% of the time.
Stop Profit was triggered 945 times or 33.36% of the time.
Trailing Stop Loss was triggered 0 times or 0.00% of the time.
You held for the maximum period of time (0 days) 0 times or 0.00% of the time.
An exit trigger was executed 0 times or 0.00% of the time.

mesayah
658 posts
msg #86867
Ignore mesayah
1/22/2010 11:42:39 PM

If in theory i'm wrong who cares. My results are sterling this week.

gmg733
619 posts
msg #86898
Ignore gmg733
1/24/2010 11:03:16 AM

Never said you were dumb. Just wondering if you knew what you were talking about.

You disclaim the filters you use, but you aren't using them the way they were intended. You are using them a different way than they were originally designed. Nothing wrong with that, but it isn't the filter that is bad. Maybe you're a genius because you found a better way to trade the filter. Hell if I know or care. But as TRO always says, it isn't what you trade, its how you trade it. Hence, I was wondering if you knew what you were talking about.

To that end, these are statistical scans and not necessarily 'filters' for stock picking. The 'filter' does what it is supposed to do, but it is up to you to trade it. There is no such thing as a filter that recommends buys and sells. You'll be wiped out with that thought process. Hence, I don't think you know what you are talking about discrediting the filters as you are not using them for their designed use.

Besides, a real trader would have been shorting STEC, AMED and etc. this week. You're making chump money. A real trader would have bought PNRA on the pull back last week. Oh wait, that was me. I'll take 12% a week, oh wait, I use options. That was a 140% for me this week.

Best of luck. I hope TRO and 13th floor aren't starving due to their inability to pick stocks off their filters. Maybe we should all take up a collection here and support our fellow traders in need.

StockFetcher Forums · General Discussion · Careful Kids All These Filters Are A Joke<< 1 2 >>Post Follow-up

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