StockFetcher Forums · Filter Exchange · pp moving average<< 1 2 3 >>Post Follow-up
four
5,087 posts
msg #93302
Ignore four
5/30/2010 7:55:23 PM

Fetcher[

close > cma(ppx, pp 1 day ago,5)
close > open
low > cma(ppx, pp 1 day ago,5)
high 1 day ago < cma(ppx, pp 1 day ago,5)

close between 1 and 20
avgvol(30) > 800000

]



wkloss
231 posts
msg #93552
Ignore wkloss
6/5/2010 11:52:45 PM

Please explain what this is.

Bill

four
5,087 posts
msg #93553
Ignore four
modified
6/6/2010 12:59:45 AM

Fetcher[

close > cma(ppx, pp 1 day ago,5)
close > open
low > cma(ppx, pp 1 day ago,5)
high 1 day ago < cma(ppx, pp 1 day ago,5)

close between 1 and 20
avgvol(30) > 800000

]



For more information, click the link.

cma = custom moving average
cma = custom moving average

pp = pivot point
pp = pivot point

avgvol = average volume
avgvol = average volume

hope this helps ?

brank20
41 posts
msg #93558
Ignore brank20
6/6/2010 5:45:40 AM

cma only has two arguments. What is the first argument for?

four
5,087 posts
msg #93568
Ignore four
6/6/2010 12:44:13 PM

ahhhh... thanks, correction implemented

Fetcher[
close > cma(pp 1 day ago,5)
close > open
low > cma(pp 1 day ago,5)
high 1 day ago < cma(pp 1 day ago,5)

close between 1 and 20
avgvol(30) > 800000
]



wkloss
231 posts
msg #93569
Ignore wkloss
6/6/2010 12:56:58 PM

Four,

Have you ever seen those street signs that say Slow Children At Play? Apparently we need one in my neighborhood.

Here is what I think you are saying:

When green line, PP, crosses above purple line, MA(PP,5), buy and when purple crosses above green, sell? Please confirm if I am understanding you.

This looks like John Person's indicator on thinkor swim except you have given us a way to use this as a screener. Thinkorswin only allows you to check one stock at a time. I have been looking for something like this. Thanks.

Person also incorporates the use of Doji's. Do you think they matter on this indicator? Your signal looks fine without Doji's.

Bill

four
5,087 posts
msg #93570
Ignore four
modified
6/6/2010 2:25:12 PM

- doji -

show stocks where the open equals close and
high is above open and low is below open


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

"When green line, PP, crosses above purple line, MA(PP,5), buy and when purple crosses above green, sell? Please confirm if I am understanding you. "

This is possible

pp crossed above ma(pp,5)

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

close > cma(pp 1 day ago,5)
close > open
low > cma(pp 1 day ago,5)
high 1 day ago < cma(pp 1 day ago,5)

close between 1 and 20
avgvol(30) > 800000

The above (original) requires (1) white candle (2) low and close greater than the MA (3) yesterday's high below MA

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

Thanks and try this ? Needs exit and needs stop-loss...

Fetcher[
draw wma(50)
low > wma(65)


close > 1 and close < 1000
average volume(30) > 100000

close > open
low < low 1 day ago
open < open 1 day ago

set{rsi3, rsi(2) reached new 2 week low}
draw rsi3 on plot rsi(2) reached new 2 day low
do not draw rsi(2)
set{buy_, rsi(2) reached new 5 day low crossed above rsi3}
draw buy_

buy_ between 0 and 5
chart-length is 4 months

/* buy trigger*/

set{var1, day point range / 5}
set{buy, max(close,open) + var1}
draw buy on plot close
add column separator
add column var1
add column buy

]



wkloss
231 posts
msg #93572
Ignore wkloss
6/6/2010 3:38:06 PM

Four,

From your latest post, version 1 and version 2 give the same list. Apparently they are different ways of displaying the same thing. Thursday produced the same 7 stocks on both screens. Friday caused losses in the same 6 from both screens. I assume all 6 violated the stop loss? What stop loss would you suggest?

My comment about losses is not intentended as a criticism. I think you have found something good and I'm just trying to understand it better. Friday was brutal on most everything.

Bill

four
5,087 posts
msg #93573
Ignore four
modified
6/6/2010 6:07:48 PM

Fetcher[
close > cma(pp 1 day ago,5)
close > open
low > cma(pp 1 day ago,5)
high 1 day ago < cma(pp 1 day ago,5)

close between 1 and 20
avgvol(30) > 800000

/* buy trigger*/

set{var1, day point range / 5}
set{buy, max(close,open) + var1}
draw buy on plot close
add column separator
add column var1
add column buy
]



P.S. This filter (above) with a "buy trigger" for the next day's limit order would have kept you out of the majority of the pain.
Stop-losses and exits are where I have many questions. It also depends on the time frame.... I wonder about your thoughts.

P.P.S. Any thoughts on this filter (below)?

Fetcher[
draw wma(50)
low > wma(65)


close > 1 and close < 1000
average volume(30) > 100000

close > open
low < low 1 day ago
open < open 1 day ago

set{rsi3, rsi(2) reached new 2 week low}
draw rsi3 on plot rsi(2) reached new 2 day low
do not draw rsi(2)
set{buy_, rsi(2) reached new 5 day low crossed above rsi3}
draw buy_

buy_ between 0 and 5
chart-length is 4 months

/* buy trigger*/

set{var1, day point range / 5}
set{buy, max(close,open) + var1}
draw buy on plot close
add column separator
add column var1
add column buy

]




brank20
41 posts
msg #93574
Ignore brank20
modified
6/6/2010 6:20:29 PM

That filter doesnt look like its codded correctly, I see to many conditionals bieng saved as variables. I could be wrong though and just confused on how stockfetcher works.

StockFetcher Forums · Filter Exchange · pp moving average<< 1 2 3 >>Post Follow-up

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