StockFetcher Forums · Filter Exchange · lession #6- finding stocks ready to make big moves<< 1 2 >>Post Follow-up
trendscanner
265 posts
msg #78828
Ignore trendscanner
9/8/2009 9:37:02 PM

decipherlinda, your scan does find some interesting volume patterns. I spent some time playing with it to reduce the number of hits and found that if I added the following conditions:

high reached 10 week high within the last 4 weeks
optionable
MACD Fast Line(12,26,9) at 4 week low
CMA(OBV, 10) above CMA(OBV, 20)

it returned some interesting chart patterns. Running it today, for example, finds a few stocks like CNP and CHSI that look like they may be ready to make a swing back up. I'm not making "buy" recommendations for these of course, just saying it does find some patterns that are worth looking at. With a little more thought, could be something worth backtesting.

The way to make the scans "clickable" (thanks to Chetron for explaining this to me) is to type Fetcher[ before the code and a final closed backet at the end.

chetron
2,817 posts
msg #78831
Ignore chetron
9/8/2009 10:30:37 PM

CLICKABLE..........
Fetcher[

ATR(1) has been decreasing for the last 2 days
and RSI(2) > RSI(2) 1 day ago
average volume(5) < average volume(5) 1 day ago
and close > .9999
and average volume(5) > 100000

set{A, ATR(1) / ATR(1) 1 day ago}
set{B, A - 1}
set{ATR1, B * 100}
add column ATR1
add column ATR1 1 day ago {ATR2}

add column RSI(2)
add column RSI(2) 1 day ago
set{RSIDif, RSI(2) - RSI(2) 1 day ago}
add column RSIDif

set{C, average volume(5) / average volume(5) 1 day ago}
set{D, C -1}
set{AV5, D * 100}
high reached 10 week high within the last 4 weeks
optionable
MACD Fast Line(12,26,9) at 4 week low
CMA(OBV, 10) above CMA(OBV, 20)

add column AV5


]



decipherlinda
133 posts
msg #78861
Ignore decipherlinda
9/9/2009 9:18:13 AM

Thanks for both your input. Realized I didn't put "and" in ront of "average volume(5) < average volume(5) 1 day ago" so added that and changed Chetron's adaptation of my filter to include the new recommended criteria as part of the filter criteria (top of the filter). I knew it would be easy to put the filter in clickable format but just didn't worry about it. Thanks for the improvements! I haven't run it so hopefully this works!


Fetcher[
ATR(1) has been decreasing for the last 2 days
and RSI(2) > RSI(2) 1 day ago
and average volume(5) < average volume(5) 1 day ago
and high reached 10 week high within the last 4 weeks
and optionable
and MACD Fast Line(12,26,9) at 4 week low
and CMA(OBV, 10) above CMA(OBV, 20)


and close > .9999
and average volume(5) > 100000

set{A, ATR(1) / ATR(1) 1 day ago}
set{B, A - 1}
set{ATR1, B * 100}
add column ATR1
add column ATR1 1 day ago {ATR2}

add column RSI(2)
add column RSI(2) 1 day ago
set{RSIDif, RSI(2) - RSI(2) 1 day ago}
add column RSIDif

set{C, average volume(5) / average volume(5) 1 day ago}
set{D, C -1}
set{AV5, D * 100}

add column AV5
]





chetron
2,817 posts
msg #78862
Ignore chetron
modified
9/9/2009 9:21:13 AM

FYI, YOU ONLY NEED TO PUT "AND" BETWEEN LINES THAT YOU DON'T PUT A "LINE FEED", "ENTER", OR A "CARRIAGE RETURN".

HTH

decipherlinda
133 posts
msg #78875
Ignore decipherlinda
9/9/2009 11:49:56 AM

Hey Tia, that's so cool! Did not know that! Just tried it to make sure I understood and it was great! THANK YOU!




chetron
2,817 posts
msg #78876
Ignore chetron
9/9/2009 12:04:16 PM

YOU ARE VERY WELCOME, LIN

StockFetcher Forums · Filter Exchange · lession #6- finding stocks ready to make big moves<< 1 2 >>Post Follow-up

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