StockFetcher Forums · General Discussion · Most reliable short term indicator<< 1 2 3 4 >>Post Follow-up
chetron
2,817 posts
msg #76670
Ignore chetron
7/20/2009 8:24:35 AM

MTC SELECTOR

billrider321
70 posts
msg #76841
Ignore billrider321
7/25/2009 11:27:04 PM

kevin,

can you post the list of your 70 stocks, would like to backtest and research further.

TIA

Kevin_in_GA
4,552 posts
msg #76843
Ignore Kevin_in_GA
7/26/2009 6:49:48 AM

AGQ
CMD
DDM
DIG
DTO
DUG
DXD
DXO
EUO
GLD
GLL
LTL
MVV
MZZ
QID
QLD
REW
ROM
RXD
RXL
SAA
SCC
SDD
SDP
SDS
SIJ
SKF
SLV
SMN
SRS
SSG
SSO
SZK
TBT
TLL
TWM
UCC
UCD
UDN
UGE
UGL
ULE
UNG
UPW
URE
USD
USL
UUP
UWM
UXI
UYG
UYM
XLB
XLE
XLF
XLI
XLK
XLP
XLV
XLY
YCL
YCS
ZSL
^CRB
^DJI
^DJT
^DJU
^DXY
^GOX
^IXIC
^MID
^NDX
^OEX
^OIX
^RUA
^RUI
^SPX
^TNX
^TYX
^VIX
^XAU
^XNG


Kevin_in_GA
4,552 posts
msg #76844
Ignore Kevin_in_GA
7/26/2009 7:09:59 AM

The list above is what I track - mostly the Proshares 2x ETfs, but also GLD/SLV, oil. the major sector indices, and about every index I can find on SF right now.

I look at the major indices using the weekly MACD(2,3,9), as well as the individual ETFs. The signals should be in sync, but occasionally the individual ETF is trading out of sync with the index - need to watch out for that.

As of 7/24 trade signals were as follows (all positive except for the US Dollar):

INDEX MACD
^SPX 8.94
^OEX 3.82
^MID 6.73
^IXIC 16.44
^NDX 14.78
^DJI 88.50
^DJT 41.49
^DJU 3.08
^RUA 5.37

XLB 0.45
XLE 0.67
XLF 0.10
XLI 0.26
XLK 0.17
XLP 0.15
XLV 0.22
XLY 0.29

^TNX 0.02
^TYX 0.02
^DXY -0.04

GLD 0.33
^GOX 1.72
SLV 0.10
^XAU 1.49

^OIX 7.64
^XNG 6.40
^CRB 1.04

I have been trading commodities lately through these ETFs, and here's where I am so far based on MACD entry and 10% trailing stop exits:

OIL:
Bought DXO at 4.08, sold at 4.55 (late entry here, should have been in on 5/8 at 3.44)
Then bought DTO at 72.91, sold at 92.00
recently bought DXO again at 4.03 (currently at 4.57)

SILVER:
Bought ZSL at 8.68, sold at 9.55 (late entry, should have been in on 6/8 at 7.95)
then bought AGQ at 39.38 (currently at 41.76)

GOLD:
Bought GLL at 15.34, sold at 15.34 (late entry, should have been in on 6/8 at 14.65)
Bought UGL at 33.93 (currently at 34.79)

COMMODITY "BASKET"
Bought UCD at 21.91 (currently at 22.96)




billrider321
70 posts
msg #76847
Ignore billrider321
7/26/2009 11:02:21 AM

kevin,

thank you very much and now questions

i had been thinking about what else can we do to improve and stay away from unecessary trades.

1. do you wait for weekly to crossover, then it would be a friday tradeonly. In one of your post you said you dont do that.

here is the code i am coming up with

show stocks where the weekly MACD Histogram(2,3,9) crossed above 0
and weekly MACD Histogram(2,3,9) one day ago below 0
and close is above 1
and draw weekly MACD(2,3,9)
SYMLIST(IBB,GLD,OIL,XLE,RTH,PPA,SLX,UYG,IGM,KWT,DBC,XHB,UNG,XME,IYH,IYC,EXB,KBE,QID, DXD, SDS, MZZ, SDD, TWM, SJF, SFK, SJL, SDK, SJH, SKK, EFU, EEV, EWV, FXP)


Kevin_in_GA
4,552 posts
msg #76850
Ignore Kevin_in_GA
7/26/2009 11:43:18 AM

Fetcher[show stocks where the weekly MACD Histogram(2,3,9) crossed above 0
and weekly MACD Histogram(2,3,9) one day ago below 0
and close is above 1
and draw weekly MACD Histogram(2,3,9)
SYMLIST(IBB,GLD,OIL,XLE,RTH,PPA,SLX,UYG,IGM,KWT,DBC,XHB,UNG,XME,IYH,IYC,EXB,KBE,QID, DXD, SDS, MZZ, SDD, TWM, SJF, SFK, SJL, SDK, SJH, SKK, EFU, EEV, EWV, FXP)
]



Since you are using a symbol list, you probably do not need to screen by "close above 1"

Also, I would add in the 2x long counterparts - SSO is just as good a trade as SDS (lately, it is a MUCH better trade). I would also include DXO and DTO for your oil trades, rather than OIL or USO/USL. Take advantage of the leverage on it, just keep your stops updated.

I have all of my stocks in a watchlist that calculates the weekly MACD(2,3). I download it each night into an Excel spreadsheet that tracks all of these (both short and long) and gives me a visual signal as to when to enter.

I also look a where a stock is trading relative to its BB(12,0.5). I like to see that a stock has moved from below the BB envelope to above it as the MACD signal says to enter.

Kevin_in_GA
4,552 posts
msg #76851
Ignore Kevin_in_GA
7/26/2009 12:11:26 PM

Hmm ... when I run this filter, it doesn't give you stocks that crossed above zero one day ago. Looks like they crossed over earlier in the week. Syntax look right - not sure what is going on here.

My approach of downloading each night does not have this issue.

billrider321
70 posts
msg #76853
Ignore billrider321
7/26/2009 1:35:38 PM

exactly i have same concerns. filter doesnt look good..

chet and eman please rescue.

also Kevin can you give the list in symlist form so i can just copy paste... thanks in advance for helping the lazy one...:)

also i am going do to some research on elders triple screen and see if we can combine.

dwiggains
391 posts
msg #76859
Ignore dwiggains
7/26/2009 3:42:51 PM

Hi
The weekly part of your screen is the problem.
If I understand it right the weekly is really only the Fridays data used.
I got into trouble using the weekly screen before.

See ya
David

DMOBRIEN
355 posts
msg #77463
Ignore DMOBRIEN
8/11/2009 9:18:14 PM

Here's one for review:

DI(3) Difference has been increasing for 1 day and the
DI(3) Difference is above -3
DI(3) Difference has been increasing for 1 day and the
DI(3) Difference is below 0
and OBV is increasing for 2 days
and rsi (2) is above 50
and draw +di (14)
and draw -di (14)
and adx (14) is above 20
and draw rsi (14)
and draw OBV
and draw macd



StockFetcher Forums · General Discussion · Most reliable short term indicator<< 1 2 3 4 >>Post Follow-up

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