StockFetcher Forums · General Discussion · U got a filter to find red hollow candlestick stocks<< 1 2 >>Post Follow-up
ddfridd
40 posts
msg #38028
Ignore ddfridd
9/17/2005 7:38:13 PM

(todays trading resulted in a red hollow candlestick pattern)


alf44
2,025 posts
msg #38033
Ignore alf44
9/17/2005 10:36:23 PM

dd,

If I understand correctly you're just looking for a daily candle/bar that closes ABOVE yesterday's Close...but closes BELOW it's Opening Price. That shouldn't be that difficult.

For example:

Fetcher[Show stocks where Close is above Close 1 day ago and Close is below Open and Price is between 5 and 25 and Average Volume(65) is above 500000]



--------------------

That should give you some "red hollow candlestick stocks".


alf44





maxreturn
745 posts
msg #38061
Ignore maxreturn
9/19/2005 8:09:56 AM

Here ya go

Fetcher[Show stocks where close below close 1 day ago and close above open]




alf44
2,025 posts
msg #38068
Ignore alf44
9/19/2005 12:00:31 PM

maxreturn,

With all due respect, I don't think your filter will return the type candle (ie. "red hollow candlestick") that dd was looking for.

But, maybe I'm mistaken. I guess dd will have to make that determination. :)


alf44





maxreturn
745 posts
msg #38084
Ignore maxreturn
9/19/2005 8:36:39 PM

Rey Ralf (astro talk :)....I only submitted my solution after taking a look at a sampling 3-4 of stocks returned by your filter. They were all black filled candlesticks. Mine returned red hollow candlesticks...with a few exceptions where the close was barely above the open.


alf44
2,025 posts
msg #38087
Ignore alf44
9/19/2005 9:57:46 PM

max,

Again...with all due respect...you're wrong !

Don't know how to say it any plainer than that !


alf44





yepher
353 posts
msg #38104
Ignore yepher
9/20/2005 3:38:48 PM

I can't sit back and watch this.....

There two types of candlesticks filled and hollow.

Filled candlesticks are those in which the closing price of the candle’s period is lower than the opening price (close below open), indicating price weakness during the period.

In contrast, ddfridd is lookign for a hollow candlestick which is one whose closing price is greater than its opening price (close above open). Often, these are graphically represented as black and white, respectively.

Now SF will shade the candle red if today's close is below yesterdays close (close below close 1 day ago)

so as maxreturn says

Fetcher[
close above open
AND close below close 1 day ago
]



give "hollow red" candles. Some times on the chart the candle will look solid when it is a narrow trading day. This is a SF resolution problem.

This filter on the other hand should yield black solid candles.

Fetcher[
Close is above Close 1 day ago
AND Close is below Open

AND Price is between 5 and 25
AND Average Volume(65) is above 500000
]




Hope that helps,
Yepher



maxreturn
745 posts
msg #38106
Ignore maxreturn
9/20/2005 3:52:40 PM

Thanks Yeph. As you for Alf44...oughta do your homework before drawing your line in the sand.


alf44
2,025 posts
msg #38108
Ignore alf44
9/20/2005 3:57:29 PM

Sorry, yepher !

With all due respect, and I truly mean that.

You're wrong too !

It IS as I originally stated.

The "red outline" describes a candle that has closed lower than it opened...but, yet closed higher than the previous close.

My charting program (Prophet) does NOT display them that way (as many do not) but some do (SF's Flash). The description I gave and the filter i wrote IS the correct filter as I understood dd to request.

Thanks.


alf44





alf44
2,025 posts
msg #38109
Ignore alf44
9/20/2005 3:58:31 PM

max,

please read above post.

Thanks.


alf44




StockFetcher Forums · General Discussion · U got a filter to find red hollow candlestick stocks<< 1 2 >>Post Follow-up

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