StockFetcher Forums · General Discussion · Deeply oversold mean-reverting setup for day trading<< >>Post Follow-up
ZeroSum
33 posts
msg #112672
Ignore ZeroSum
4/5/2013 2:51:47 PM

Does anyone use a deeply oversold mean-reverting setup for day trading?

Eman93
4,659 posts
msg #112687
Ignore Eman93
4/7/2013 10:15:04 PM

This is a pretty good one by WSG not the original I think I tweaked it. prob the chalkens volatility part, he was a big rsi2 guy.. that was really his thing rsi 2 and linear regression.

/* (WallStreetGenius PRO CUSTOM) */


volume > 500000

draw MA(20)
draw ma(50)
draw ma(100)
draw ma(200)
draw ma(250)

Show stocks where low is near the bottom linear regression line(60)
And rsi(2) is < 30
And average volume(30) is above 50000
And 60-day slope of close is above 0
And close is between 1 and 250
And Chaikins Volatility(10,10) has been decreasing for 1 day

add column RSI(10)
add column Fast Stochastics(14,10)
add column Williams %R(10)
add column Chaikins Volatility(10,10)
sort column 7 descending
add column ind


four
3,998 posts
msg #112689
Ignore four
modified
4/7/2013 11:19:45 PM

Clickable

Fetcher[
/* (WallStreetGenius PRO CUSTOM) */


volume > 500000

draw MA(20)
draw ma(50)
draw ma(100)
draw ma(200)
draw ma(250)

Show stocks where low is near the bottom linear regression line(60)
And rsi(2) is < 30
And average volume(30) is above 50000
And 60-day slope of close is above 0
And close is between 1 and 250
And Chaikins Volatility(10,10) has been decreasing for 1 day

add column RSI(10)
add column Fast Stochastics(14,10)
add column Williams %R(10)
add column Chaikins Volatility(10,10)
sort column 7 descending
add column ind
]



katil9654
33 posts
msg #123484
Ignore katil9654
4/5/2015 8:43:52 PM

I like this setup but is there anyway we can tweak around to get more stocks ?
I am not getiing too many stocks in price range 40 to 70.
Thanks.

StockFetcher Forums · General Discussion · Deeply oversold mean-reverting setup for day trading<< >>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