StockFetcher Forums · General Discussion · Do The Opposite.<< >>Post Follow-up
shillllihs
3,544 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
3,544 posts
msg #116455
Ignore shillllihs
11/4/2013 3:06:58 PM

1 Thing Gold doesn't respond well to this.

shillllihs
3,544 posts
msg #116461
Ignore shillllihs
11/4/2013 5:01:36 PM


View

More...


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
3,544 posts
msg #116462
Ignore shillllihs
11/4/2013 5:03:58 PM


View

More...


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
3,544 posts
msg #116463
Ignore shillllihs
11/4/2013 5:05:37 PM


View

More...


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
1,328 posts
msg #116464
Ignore Mactheriverrat
11/4/2013 6:24:05 PM

No stocks matched your filter
Yesterday and beyond.

shillllihs
3,544 posts
msg #116466
Ignore shillllihs
11/4/2013 8:44:38 PM

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

StockFetcher Forums · General Discussion · Do The Opposite.<< >>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