StockFetcher Forums · General Discussion · Do The Opposite.<< >>Post Follow-up
shillllihs
5,974 posts
msg #116454
Ignore shillllihs
modified
11/4/2013 3:00:37 PM

As many of you know i am not very technical but a great tinkerer.

So as always i take the shortcomings by TRO/Kevin & others & make minor
adjustments to come up with AMAZING FILTERS.

Just take any Short ETF at the top of the list & short it in half. Go back & test this one.

Let me please introduce to you the greatest Inverse Leveraged ETF Shorting Tool

Mesayah's Waterslide

Fetcher[
/*KEVIN'S TRADE THE WEEKLY OPEN GAP DOWN STRATEGY*/

/*FIRST, SET KEY VARIABLES - LAST WEEK'S CLOSE AND THIS WEEK'S OPEN*/
set{horizontal1, weekly close 1 week ago}
set{open1, weekly open}

/*SECOND, DETERMINE IF A GAP DOWN OCCURS, AND IF IT WAS THEN FILLED*/
set{gapdown, count(open1 below horizontal1,1)}
set{stats, count(weekly high above horizontal1, 1)}
set{gapfill, gapdown * stats}

/*THIRD, COUNT THE FREQUENCY OF GAPS DOWN THAT WERE FILLED OVER THE LAST 100 WEEKS*/
set{gapdown100, count(gapdown above 0.5,100)}
set{gapfill100, count(gapfill above 0.5,100)}
set{pct_gapfill, gapfill100 / gapdown100}

/*FINALLY, DETERMINE THE POTENTIAL GAIN FROM THIS WEEK'S GAP DOWN*/
set{gapsize, horizontal1 - open1}
set{gain2, gapsize / open1}
set{gain, gain2 * 100}

/*NOW ADD COLUMNS WITH KEY DATA AND SORT THEM FROM HIGHEST PERCENT GAP FILLED TO LOWEST*/
add column pct_gapfill {percent gap filled}
add column gapdown100
add column gapfill100
add column horizontal1 {last week's close}
add column open1 {weekly open}
add column gain {gain(%)}
add column ATR(50)
sort on column 5 descending


/*SET SCREENING CRITERIA FOR USE AT MONDAY'S OPEN. SINCE BIG GAPS DOWN ARE LESS LIKELY
TO BE FILLED, SCREEN OUT ANY GAPS DOWN THAT OPEN BELOW LAST WEEK'S LOW*/
weekly open below weekly close 1 week ago
weekly open above weekly low 1 week ago

/*ADDED CHECK - THE GAP TO BE FILLED SHOULD BE LESS THAN THE ATR(50). THIS WILL ALSO HELP TO SCREEN OUT BIG GAPS DOWN THAT ARE UNLIKELY TO BE FILLED THIS WEEK*/
gapsize below ATR(50)

/*SET A MINIMUM FREQUENCY FOR GAPS DOWN - THE HIGHER THIS IS, THE STRONGER THE STATISTICAL RELEVANCE - I CHOSE 30 HERE BUT YOU CAN SET IT TO ANYTHING YOU WANT (HIGHER WILL GIVE FEWER
HITS). I ALSO WANT THE RETURN TO BE AT LEAST 2%*/
gapdown100 above 30
gain above 2

/*STANDARD LIQUIDITY REQUIREMENTS*/
close above 1
average volume(30) above 100000
show only etf

chart-display is weekly
draw gapfill
draw gapdown
]




shillllihs
5,974 posts
msg #116455
Ignore shillllihs
11/4/2013 3:06:58 PM

1 Thing Gold doesn't respond well to this.

shillllihs
5,974 posts
msg #116461
Ignore shillllihs
11/4/2013 5:01:36 PM


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Thursday June 20, 2013


18 results from Thursday June 20, 2013
Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex.
Symbol Last Chg(%) Vol percent gap filled gapdown100 gapfill100 last week's close weekly open gain(%) Average
True
Range
(50) Since(%)
TZA - Direxion Shrs ETF T... 33.32 7.76 19,850,100 0.88 50 44 31.55 30.75 2.60 1.57 -39.02
SRTY - ProShares UltraPro ... 20.94 7.77 2,115,300 0.86 49 42 19.82 19.28 2.80 0.99 -38.92
VXX - Bcl Ipts&P500 St 22.41 11.71 136,603,200 0.84 55 46 20.79 20.28 2.51 0.93 -44.22
VIXY - ProShares VIX Short... 60.49 11.79 1,483,700 0.83 54 45 55.95 54.66 2.36 2.49 -44.62
SPXS - Direxion Shrs ETF T... 56.45 7.73 8,673,000 0.82 45 37 52.85 51.80 2.03 1.88 -31.07
FAZ - Direxion Shs ETF Tr... 35.89 6.69 13,029,700 0.82 44 36 33.83 33.11 2.17 1.43 -27.39
UVXY - ProShares Ultra VIX... 84.40 23.25 8,594,900 0.82 50 41 73.49 69.98 5.02 6.35 -72.00
SDOW - ProShares UltraPro ... 44.62 7.00 977,800 0.80 44 35 42.19 41.32 2.11 1.29 -19.63
SPXU - ProShares UltraPro ... 25.45 7.61 15,583,300 0.80 45 36 23.83 23.34 2.10 0.84 -30.84
TVIX - VelocityShares Dail... 36.60 22.00 31,801,100 0.80 51 41 32.10 30.60 4.90 2.48 -70.98
SOXS - Direxion Daily Semi... 66.92 9.78 833,900 0.76 46 35 64.88 62.68 3.51 3.81 -31.22
SQQQ - ProShares UltraPro ... 29.41 7.34 5,503,200 0.76 49 37 27.96 27.28 2.49 1.06 -40.50
DRV - Direxion Daily Real... 75.12 12.52 787,600 0.75 52 39 62.44 60.80 2.70 2.74 -26.53
ERY - Direxion Shs ETF Tr... 31.94 8.57 1,103,800 0.75 44 33 30.42 29.80 2.08 1.51 -33.16
EEV - UltraShort MSCI Eme... 29.29 8.93 929,300 0.71 41 29 26.02 25.48 2.12 0.71 -31.79
EDZ - Emerging Markets Be... 71.84 13.29 1,779,100 0.68 40 27 60.30 58.35 3.34 2.39 -44.81
USLV - VelocitySharesTM 3x... 58.40 -23.66 4,756,800 0.67 45 30 84.30 82.00 2.80 8.89 12.43




shillllihs
5,974 posts
msg #116462
Ignore shillllihs
11/4/2013 5:03:58 PM


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Thursday September 12, 2013


2 results from Thursday September 12, 2013
Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex.
Symbol Last Chg(%) Vol percent gap filled gapdown100 gapfill100 last week's close weekly open gain(%) Average
True
Range
(50) Since(%)
UVXY - ProShares Ultra VIX Short-Term Fut ETF 34.70 3.12 5,297,800 0.79 57 45 41.82 40.96 2.10 3.07 -31.90


shillllihs
5,974 posts
msg #116463
Ignore shillllihs
11/4/2013 5:05:37 PM


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Thursday December 27, 2012


4 results from Thursday December 27, 2012
Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex.
Symbol Last Chg(%) Vol percent gap filled gapdown100 gapfill100 last week's close weekly open gain(%) Average
True
Range
(50) Since(%)
TVIX - VelocityShares Dail... 111.30 1.37 5,226,600 0.78 54 42 101.60 99.40 2.21 10.22 -90.46
UVXY - ProShares Ultra VIX... 250.30 -0.16 15,295,400 0.75 36 27 232.80 226.30 2.87 24.41 -90.56


Mactheriverrat
3,135 posts
msg #116464
Ignore Mactheriverrat
11/4/2013 6:24:05 PM

No stocks matched your filter
Yesterday and beyond.

shillllihs
5,974 posts
msg #116466
Ignore shillllihs
11/4/2013 8:44:38 PM

Oh they're there. Rare but a slam dunk.

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