StockFetcher Forums · Filter Exchange · Momentum<< 1 2 3 >>Post Follow-up
TheRumpledOne
6,407 posts
msg #35995
Ignore TheRumpledOne
5/13/2005 7:36:03 PM

I have been studying momentum the past few weeks.

Here's some code that you can add to your own filters or if you use the selection criteria run as a stand alone filter.

When the Momentum line crosses above the ZERO line that is a bullish signal.

Also when the Momentun line crosses above the Momentum Average line, that is bullish.

Fetcher[
/* Momentum Filter */

/* Momentum Days since last CrossOver of the Average Line*/

set{MoMoX, days(momentum(2) below cma(momentum(2),20), 100) - days(momentum(2) above cma(momentum(2),20), 100)}


/* Momentum Days since CrossOver of Zero line */

set{MoMoZ, days(momentum(2) below 0, 100) - days(momentum(2) above 0,100)}

/* Momentum Trend - Days Momentum up or down */

set{MoMoD1, momentum(2) 1 day ago}
set{MoMoT, days(momentum(2) below MoMoD1, 100) - days(momentum(2) above MoMoD1, 100)}


and add column MoMoX
and add column MoMoZ
and add column MoMoT

/* Momentum Selection Criteria - pick rising momentum */

MoMoT above 0

/* Momentum Selection Criteria - pick zero line crossover */

MoMoZ above 0

/* Price and Volume Selection Criteria */

close above 1
volume above 1000000

/* end filter */
]



Of course, add your own price and volume selection criteria.


MAY ALL YOUR FILLS BE COMPLETE.

Note: You know how much I like RSI(2), so I gave Momentum(2) a shot.






corsino
259 posts
msg #36100
Ignore corsino
5/24/2005 11:41:38 AM

Does anybody have a momentum filter that backtests well ?


bomber
1 posts
msg #36102
Ignore bomber
5/24/2005 5:23:21 PM

I have been follwing the Parabolic SAR and appears to work well for specific stocks or indexes and QQQQ. A filter with the Parabolic SAR going bullish (below price) or bearish (above price) along with MACD and ? could be a great filter.
Just using a simple Parabolic SAR filter works well, but further screening would make it more manageable with less stocks. Anyone with the knowledge to help would be appreciated.



mystiq
650 posts
msg #75468
Ignore mystiq
6/15/2009 8:01:42 PM

..for a falling momentum..would the code be reversed?

chetron
2,817 posts
msg #75477
Ignore chetron
6/15/2009 10:45:12 PM

THE REVERSE.....

Fetcher[

/* Momentum Filter */

/* Momentum Days since last CrossOver of the Average Line*/

set{MoMoX, days(momentum(2) below cma(momentum(2),20), 100) - days(momentum(2) above cma(momentum(2),20), 100)}


/* Momentum Days since CrossOver of Zero line */

set{MoMoZ, days(momentum(2) below 0, 100) - days(momentum(2) above 0,100)}

/* Momentum Trend - Days Momentum up or down */

set{MoMoD1, momentum(2) 1 day ago}
set{MoMoT, days(momentum(2) below MoMoD1, 100) - days(momentum(2) above MoMoD1, 100)}


and add column MoMoX
and add column MoMoZ
and add column MoMoT

/* Momentum Selection Criteria - pick rising momentum */

MoMoT BELOW 0

/* Momentum Selection Criteria - pick zero line crossover */

MoMoZ BELOW 0

/* Price and Volume Selection Criteria */

close above 1
volume above 1000000

/* end filter */
]



Eman93
4,750 posts
msg #75478
Ignore Eman93
6/15/2009 11:03:28 PM

I have been looking into this:

Chande Momentum Oscillator(5,5) < -99

for dip buying..... it seems to work well with uptrending stocks....

I dont have a filter built around it yet.....

SFMc01
358 posts
msg #75638
Ignore SFMc01
6/19/2009 10:58:05 AM

Does anyone have a momentum filter or loss of momentum filter that they like to use for trading the next day?

Respectfully, with no offense to anyone, but I have not found the above two filters to be very effective when I have tested them using a detailed strategy on TradeStation.

Thank you.

johnpaulca
12,036 posts
msg #75653
Ignore johnpaulca
6/19/2009 1:13:57 PM

Here is a simple momo filter that I use.

Fetcher[

Show stocks where close is above lower Bollinger band(12,0.1) for the last 20 days
Average volume(3) > 500000
close is above 1
optionable
]



mystiq
650 posts
msg #75671
Ignore mystiq
6/20/2009 2:14:18 AM

CHETRON- for /* Momentum Days since last CrossOver of the Average Line*/ the value returned is "-3.00" ...what does this represent? (-.-) ----->MoMox

mystiq
650 posts
msg #75672
Ignore mystiq
6/20/2009 2:22:20 AM

johnpaulca - how would you reverse the momentum : ? (-.-)
Show stocks where close is above lower Bollinger band(12,0.1) for the last 20 days
Average volume(3) > 500000
close is above 1
optionable

::I combine both ideas for a complete momentum filter::


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