StockFetcher Forums · Filter Exchange · Filter for stochRSI values<< >>Post Follow-up
alp1535
13 posts
msg #56004
Ignore alp1535
10/25/2007 1:01:55 AM

I've been following all the great filters and advice for about 2 years now and i want to say thank you. I'm getting better and better. Right now I am working on a strategy to trade options. Currently, the only way to determine which direction the RSI(2) is going is to draw rsi(2) on the chart. Because i trade the same stock over and over, It would be great to quickly sort and know at a glance which stocks are candidates for a call or put.

There's an indicator, the stochRSI, which shows the position of RSI using values of 0.0 to 1.0.

Could someone create a filter and column heading that would show those values. That way i could just sort the column quickly and know at a glance if the RSI(2) is going up or coming down. Thank you

dwiggains
441 posts
msg #56013
Ignore dwiggains
10/25/2007 10:47:59 AM

close > 5
and volume > 200,000
and add column rsi (2)
and add column rsi (2) 1 day ago
and add column stochrsi (14)
and add column stochrsi (14) 2 days ago

I don't know if this is any help??

See ya
David

alp1535
13 posts
msg #56016
Ignore alp1535
10/25/2007 12:17:39 PM

Thanks David

That's perfect. now i can roll over the symbol see the chart, and check the direction and range of the rsi(2) verses the rsi(2) 1 day ago all at the same time. Brillant!

Actually i don't need the stochRSI column. The rsi(2) and rsi(2) 1 day ago provide all the information i need.
Thanks again Aretha


TheRumpledOne
6,407 posts
msg #56026
Ignore TheRumpledOne
10/25/2007 1:35:48 PM

Fetcher[
close > 5
and volume > 200,000
and add column rsi (2)
and add column rsi (2) 1 day ago {1dayago}
and add column stochrsi (14)
and add column stochrsi (14) 2 days ago {2dayago}


/* profit checker - long only */

set{ LongProfit, high - open}
set{Long10, count(longprofit above .10, 100) }
set{Long50, count(longprofit above .50, 100) }
set{LoseLg, Long10 - Long50}

add column LoseLg
add column LongProfit
add column Long10
add column Long50

and add column cma(longprofit, 100)

/* profit checker - short only */

set{ ShortProfit, open - low }
set{Short10, count(Shortprofit above .10, 100) }
set{Short50, count(Shortprofit above .50, 100) }
set{LoseSh, Short10 - Short50}

add column LoseSh
add column ShortProfit
add column Short10
add column Short50

and add column cma(Shortprofit, 100)



/* VOLUME CALCULATIONS */
set{v, volume 1 day ago}
set{volinc, volume - v}
set{volpc, volinc / v}
set{volpct, volpc * 100}

set{VolZ, days(volume < 1,100)}
set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VlXvl, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

and add column VlXvl
and add column Vdbl
and add column volpct

/* END VOLUME CALCULATIONS */

add column industry

sort column 4 descending

]




clickable

alp1535
13 posts
msg #56034
Ignore alp1535
10/25/2007 9:02:23 PM

THO,
Thanks for adding the profit checker to the filter. That will really streamline my decision making process.

I do have one question however. what does cma(longprofit, 100) and cma(Shortprofit, 100) represent?
Aretha

TheRumpledOne
6,407 posts
msg #56038
Ignore TheRumpledOne
10/26/2007 1:16:41 AM

Q. I do have one question however. what does cma(longprofit, 100) and cma(Shortprofit, 100) represent?

A. cma(longprofit, 100) is the average long profit ( high - open) over the last 100 days. cma(Shortprofit, 100) is the average short profit ( open - low) over the last 100 days. Use these as target profits... best not to get too greedy!!

alp1535
13 posts
msg #56046
Ignore alp1535
10/26/2007 7:59:49 AM

This is totally fabulous.

At a glance i can see the direction of rsi(2) ,
- the ranking in percentages of the # of times stock exceeds .50,
- the long/short profit for that day
- and then the average dollar amount in percentages within 100 days.
Awesome. :) Thanks TRO

TheRumpledOne
6,407 posts
msg #56049
Ignore TheRumpledOne
10/26/2007 8:37:34 AM

"At a glance i can see the direction of rsi(2)"

IT'S THE DIRECTION OF THE PRICE THAT MATTERS... IT'S THE ONLY THING THAT MATTERS.



alp1535
13 posts
msg #56053
Ignore alp1535
10/26/2007 11:03:19 AM

Got it!
thx

StockFetcher Forums · Filter Exchange · Filter for stochRSI values<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.