StockFetcher Forums · Filter Exchange · All Purpose Global Filter - Stocks, Bonds, ETFs, Crypto<< 1 2 3 >>Post Follow-up
Cheese
1,374 posts
msg #158237
Ignore Cheese
12/26/2021 4:01:45 PM

https://www.stockfetcher.com/forums/Filter-Exchange/All-Purpose-Global-Filter-Stocks-Bonds-ETFs-Crypto/1571
nibor100 12/26/2021 1:22:47 PM

even in moving avg crossover systems, tracking other indicators such as RSI, and MACD
have a couple benefits:

1. More indicators signaling at same time provide more confidence in your entry especially
since other market participants may be using one of those other signals
as their primary entry signal; in the same direction as you,
thereby, increasing the participants in your stock.

2. When using a Stop Loss, and a Trailing STop and a Profit target,
could use close below a faster moving avg as trailing stop
and RSI Oversold levels as Profit targets.
and close below your slow moving avg as your Stop loss.

============================================

This is really good. THANK YOU, Ed S !




snappyfrog
653 posts
msg #158239
Ignore snappyfrog
12/26/2021 9:32:44 PM

Using RSI along with moving average crossovers give me the best bang.
I love strength of the move with the RSI crossing above the 53 line after
the MA crossover for a confirmation of continuing to hold. Divergence of
the peaks of the RSI vs price give me good warnings of looking for a sell
position upcoming.

Cheese
1,374 posts
msg #158240
Ignore Cheese
12/26/2021 9:42:16 PM

https://www.stockfetcher.com/forums/Filter-Exchange/All-Purpose-Global-Filter-Stocks-Bonds-ETFs-Crypto/1571
snappyfrog 12/26/2021 9:32:44 PM

Using RSI along with moving average crossovers give me the best bang.
I love strength of the move with the RSI crossing above the 53 line after

the MA crossover for a confirmation of continuing to hold.

Divergence of the peaks of the RSI vs price give me good warnings of looking for a sell position upcoming.

===============================

THANK YOU, snappyfrog !

davesaint86
725 posts
msg #158248
Ignore davesaint86
12/27/2021 6:05:47 PM

jimvin - no offense taken. There are many ways to skin a cat. One needs to find a strategy or two that they are comfortable with and follow the rules of their strategy. Wishing everyone a prosperous and a Happy 2022!



davesaint86
725 posts
msg #158249
Ignore davesaint86
12/27/2021 6:12:50 PM

https://theetfbully.com/2021/12/etf-tracker-newsletter-for-december-17-2021/
For example, below is a simple strategy that one can use for longer-term trading.


Ulli Strategy

Buy when price has closed above 39 wk MA after 3 consecutive days.
Purchase on the 4th day

Sell when prices closes below 39 wk MA for 3 consecutive days.
Sell at close of 4th day

Trailing Stop
Track high point of price after you buy based on the daily closing price
Once the etf closes 7.5% off the high point since you have bought it, and it is still above the 39 wk moving average, sell at the close of the next day

If the price never goes below the 39 wk moving average once your trailing stop is hit, buy back in at the price once price reaches your trailing stop sell price where you sold at.


Cheese
1,374 posts
msg #158251
Ignore Cheese
12/27/2021 8:58:42 PM

https://www.stockfetcher.com/forums/Filter-Exchange/All-Purpose-Global-Filter-Stocks-Bonds-ETFs-Crypto/157128/0
jimvin 12/23/2021 9:13:22 PM
(And now, St. Kevin is holding the door for me....).
=============================

hold the door for me

davesaint86
725 posts
msg #158353
Ignore davesaint86
1/6/2022 2:25:27 PM

Cheese,

Finally got around to cleaning up the risk-on/off piece of the code. Not perfect. There is an indicator in TradingView called the Vix Indicator, which is similar.

Anyone, feel free to approve on this.

Fetcher[
apply to apply to symlist(spy,tlt)
draw ema(3)
draw ema(4)
draw ema(5)
draw ema(6)
draw ema(7)
draw ema(8)
draw ema(9)
draw ema(9)
draw ema(10)
draw ema(11)
draw ema(12)
draw ema(13)
draw ema(14)
draw ema(15)

draw ema(30)
draw ema(31)
draw ema(32)
draw ema(33)
draw ema(34)
draw ema(35)
draw ema(36)
draw ema(37)
draw ema(38)
draw ema(39)
draw ema(40)
draw ema(41)
draw ema(42)
draw ema(43)
draw ema(44)
draw ema(45)
draw ema(46)
draw ema(47)
draw ema(48)
draw ema(49)
draw ema(50)


draw vxvvxx on plot vxxavg
draw eriskon
draw eriskoff
set{vxxc, ind(vxx,close)}
set{vxvc, ind(vxv,close)}
set{vxvvxx, vxvc / vxxc}
set{vxxavg, cema(vxvvxx,13)}
set{eriskon, count(vxvvxx > or = to vxxavg,1)}
set{eriskoff, count(vxvvxx < or = to vxxavg,1)}
set{erisk_on, count(vxvvxx crossed above vxxavg,1)}
set{erisk_off, count(vxvvxx crossed below vxxavg,1)}
set{ervar, vxvvxx - vxxavg}

draw ieftbx on plot tbxavg
draw briskon
draw briskoff
set{tbxc, ind(tbx,close)}
set{iefc, ind(ief,close)}
set{ieftbx, iefc / tbxc}
set{tbxavg, cema(ieftbx,13)}
set{briskon, count(ieftbx > or = to tbxavg,1)}
set{briskoff, count(ieftbx < or = to tbxavg,1)}
set{brisk_on, count (ieftbx crossed above tbxavg,1)}
set{brisk_off, count(ieftbx crossed below tbxavg,1)}
set{brvar, ieftbx - tbxavg}

add column separator
add column eriskon {Equities-riskon}
add column separator
add column ervar
add column separator
add column briskon {bonds-riskon}
add column separator
add column brvar
add column separator
SORT COLUMN 5 desCENDING
CHART-TIME IS 120 days
]



Cheese
1,374 posts
msg #158354
Ignore Cheese
1/6/2022 4:26:00 PM

https://www.stockfetcher.com/forums/Filter-Exchange/All-Purpose-Global-Filter-Stocks-Bonds-ETFs-Crypto/157128/0
All Purpose Global Filter - Stocks, Bonds, ETFs, Crypto

davesaint86 1/6/2022 2:25:27 PM

Cheese,
Finally got around to cleaning up the risk-on/off piece of the code. Not perfect. There is an indicator in TradingView called the Vix Indicator, which is similar.
==================================

THANK YOU VERY MUCH, dave.

This is really good especially now that sF no longer has ^VIX
Your new signals for equities are also more timely than some of your already excellent past creations.



snappyfrog
653 posts
msg #158357
Ignore snappyfrog
1/6/2022 9:46:47 PM

What exactly is VXV? I don't see it when I run Chart+.

Google search says it is VectorSpace AI. How can it
be used in a SF filter if SF doesn't find it in Chart+?

Cheese
1,374 posts
msg #158358
Ignore Cheese
modified
1/7/2022 12:10:21 AM

https://www.stockfetcher.com/forums/Filter-Exchange/All-Purpose-Global-Filter-Stocks-Bonds-ETFs-Crypto/157128/0
========================

snappyfrog,

$VXV is the Volatility Index - CBOE 3-Month.

At the time of writing, it is still used in other platforms or forums, often in tandem with $VIX.
$VIX, $VXV and other volatility symbols seem to be useful by some market watchers
and chart authors.

In the past, ^VXV was available at Stockfetcher and used by some well known members
in many filters over the years.

It's really too bad that Stockfetcher no longer sees the value of ^VIX and ^VXV
when there are good filters already written.

Not only for the ^VXV filter above, but some ^VIX filters in sF are also crippled by the lack of ^VIX.

As a workaround for my own use, I substitute ^VIX and ^VXV with other volatility symbols
that are still available, e,g, UVXY, VIXM, VIXY, VXZ, (and VXX already used in filter above)
to get the ideas. I then go to other platforms or forums and look for similar ideas or ratios.

Bill Luby explained the importance of ^VIX and ^VXV this way:

Yes, it is time for me to trumpet the importance of VXV once again. For those who may have forgotten, VXV’s formal name is the CBOE S&P 500 3-Month Volatility Index.
...
The key takeaway is that VXV is essentially a 93-day version of the 30-day VIX. In other words, whereas VIX looks out at just one month of potential volatility and disruptions to the financial markets, VXV has a time horizon of one quarter. This means, among other things, that while both capture the essence of the Q1 earnings reporting season, VXV includes three FOMC meetings and three nonfarm payroll reports, among other things.


If I use dave's filter above AS IS, then my interpretation is that the filter signals essentially only use VXX,
and the short-term view for SPY may be down.

If I substitute VIXM for VXV (now non-existent in sF), then my interpretation is that the mid-term view
for SPY may not be down just yet.

But that's just my interpretation. I have no expertise in volatility instruments or anything else for that
matter :^)


HTH


StockFetcher Forums · Filter Exchange · All Purpose Global Filter - Stocks, Bonds, ETFs, Crypto<< 1 2 3 >>Post Follow-up

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