traderblues
195 posts
msg #48719
- Ignore traderblues |
12/20/2006 7:18:08 AM
Muddy,
Thanks for keeping this alive. I may need to give this a closer look.
Nice blog, BTW.
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wallman
299 posts
msg #48728
- Ignore wallman |
12/20/2006 9:26:41 PM
Thanks Traderblues,
Really this thread should be kept alive,this pattern can really give some great results.
Today MAMA gave another 33% for a total of 68% since going green from the flag on 12/15.
SKNN gave another 20% today for a total of 31%
These are pretty big numbers in such a short span.
The really cool thing about the flag,as i mentioned in my blog,is that ones like SKNN can fail the flag pattern to the downside BUT can become ZONE ( ema13/sma20 ) pullbacks.
And the flag pattern all comes from what i think is the best all-purpose filter ever (though they must be charted and i'm afraid too many folks just want the matches and that's it )the Squeeze/Volume increase/Pricebreakout ( sq/vol/br ).
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cord1ell
8 posts
msg #48729
- Ignore cord1ell |
12/20/2006 11:41:32 PM
Muddy,
Would you mind posting your filter for Squeeze/Volume increase/Pricebreakout ( sq/vol/br ) and explain what you look for before entering a trade from that list or a ZONE list?
TY
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wallman
299 posts
msg #48731
- Ignore wallman
modified |
12/21/2006 1:03:14 AM
Simply these for finding sq/vol/br,WHITE candle must be pierced by UBB:
stocks where close gained more than 8 percent over the last one day
stocks where volume is 300 percent above average volume(90)
Use the date offsets to find losers and small gainers in the "performance" column to find the flag pattern AND the Zone pullbacks.
Also use: stocks where close reached a new 52 week high 1 day ago
for finding nice Zone pullbacks on uptrending stocks.Again use date offset losers and chart them.
Myself i never enter on red,only a green hold,that is a price above yesterdays close with at least average volume,preferably greater than average volume
All the info on these patterns is detailed here:
http://greenonthescreen.blogspot.com/
Please search the older posts in the archives for info and previous picks i found on the recorded dates so you can chart them for an idea of what i look for
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cord1ell
8 posts
msg #48737
- Ignore cord1ell |
12/21/2006 2:39:51 PM
Thanks Wallman and TRO.
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TheRumpledOne
6,407 posts
msg #48733
- Ignore TheRumpledOne
modified |
12/22/2006 7:02:51 PM
I left out the "Bells and Whistles".
Wallman, please let me know if you approve.
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TheRumpledOne
6,407 posts
msg #48771
- Ignore TheRumpledOne
modified |
12/24/2006 11:31:53 AM
Got this idea from Wallman's blog.
Adjust the price selection criteria to set your target price range. The runner column tells you how many times the stock "ran" in the last 100 days. To mine for stocks, use date adjust 100 days, date adjust 200 days, etc.
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bloosteak
35 posts
msg #49060
- Ignore bloosteak
modified |
1/8/2007 4:39:20 PM
I put together some of the parts in this thread
and I came up with a filter that backtested -148% ROI, LOL.
It's a pretty good short list if you spot RSI or MACD divergences, the divergences seem pretty reliable.
Of course you should also do research on the stock first
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TheRumpledOne
6,407 posts
msg #49227
- Ignore TheRumpledOne
modified |
1/13/2007 6:24:12 PM
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TheRumpledOne
6,407 posts
msg #49228
- Ignore TheRumpledOne
modified |
1/13/2007 6:36:08 PM
Learned something new while working on this filter.
Before I had this statement:
close 100 days ago above 0
there were stocks that were less than 100 days old that had incorrect results.
Hey SF, we need a "days old" variable so we can test/display how many days old a stock is.
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