StockFetcher Forums · Filter Exchange · Fisher's Bottom Filter<< 1 2 >>Post Follow-up
sr7
92 posts
msg #159972
Ignore sr7
1/6/2023 5:35:32 PM

/* Fisher's Bottom Filter */




/* Fisher's Rules:

1. Wait until the close crosses above both of the moving averages;
and the Inverse Fisher Transform starts moving up towards the red line.

2. The stocks in the first row are usually the best. */




market is not otcbb
market is not etf




Show stocks where the close is between 1 and 50
and volume is above 900000



/* Inverse Fisher Transform */
and IFT(5,9) 1 day ago had been below -0.80 for the last 1 week



and price has been below ema(10) for the last 5 days
and price has been below ema(5) for the last 5 days
and ema(5) below ema(10) for the last 5 days
and 15 day slope of the close is below -0.15


draw IFT(5,9) line at -0.50
draw IFT(5,9) line at .80



/* Put the offset at 0 to see the current stocks: */
offset is 8





sr7
92 posts
msg #159973
Ignore sr7
1/6/2023 5:40:48 PM

The link:

stock
Fetcher[
/* Fisher's Bottom Filter */




/* Fisher's Rules:

1. Wait until the close crosses above both of the moving averages;
and the Inverse Fisher Transform starts moving up towards the red line.

2. The stocks in the first row are usually the best. */




market is not otcbb
market is not etf




Show stocks where the close is between 1 and 50
and volume is above 900000



/* Inverse Fisher Transform */
and IFT(5,9) 1 day ago had been below -0.80 for the last 1 week



and price has been below ema(10) for the last 5 days
and price has been below ema(5) for the last 5 days
and ema(5) below ema(10) for the last 5 days
and 15 day slope of the close is below -0.15


draw IFT(5,9) line at -0.50
draw IFT(5,9) line at .80



/* Put the offset at 0 to see the current stocks: */
offset is 8


]



Mactheriverrat
3,127 posts
msg #159974
Ignore Mactheriverrat
1/6/2023 6:04:16 PM

Interesting!!!!

snappyfrog
646 posts
msg #159976
Ignore snappyfrog
1/6/2023 9:48:01 PM

I see some of these give you a draw down before the run actually happens.

To eliminate some of that and to keep you out of bad setups, you could
add the RSI momentum oscillator. When these 3 cross, you might
consider that entry to be later than you would like. If so, you could look
for them moving up as long as they are "near" the 50 line.

Just an idea.

Fetcher[


/* Fisher's Bottom Filter */




/* Fisher's Rules:

1. Wait until the close crosses above both of the moving averages;
and the Inverse Fisher Transform starts moving up towards the red line.

2. The stocks in the first row are usually the best. */




market is not otcbb
market is not etf




Show stocks where the close is between 1 and 50
and volume is above 900000



/* Inverse Fisher Transform */
and IFT(5,9) 1 day ago had been below -0.80 for the last 1 week



and price has been below ema(10) for the last 5 days
and price has been below ema(5) for the last 5 days
and ema(5) below ema(10) for the last 5 days
and 15 day slope of the close is below -0.15


draw IFT(5,9) line at -0.50
draw IFT(5,9) line at .80



/* Put the offset at 0 to see the current stocks: */
offset is 8



draw cma(rsi(10),3) line 50
draw cma(rsi(20),3) on plot rsi(10)
draw cma(rsi(15),3) on plot rsi(10)
do not draw rsi(10)
do not draw rsi(20)
do not draw rsi(15)

]



sr7
92 posts
msg #159980
Ignore sr7
1/7/2023 10:42:21 AM

Thanks for that snappyfrog.


I changed it a little bit, it's now using a 10 day slope instead of 15.

And for the Inverse Fisher Transform, I drew the line at -0.80, instead of -0.50.

Now wait until the RSI lines cross AND the Fisher line crosses above -.80 at the same time.


I added the Parabolic SAR --- notice that the Parabolic always comes first before Fisher and RSI.

So whenever you see a green dot below the stock price, get ready!




stock
Fetcher[



/* Fisher's Bottom Filter - 10DS



Using a 10 day slope instead of 15 */


/* Fisher's Rules:

1. Wait until the close crosses above both of the moving averages

2. and the Inverse Fisher Transform crosses above -.80

3. and RSI lines cross above one another.

*/




market is not otcbb
market is not etf

Show stocks where the close is between 1 and 50
and volume is above 900000



/* Inverse Fisher Transform */
and IFT(5,9) 1 day ago had been below -0.80 for the last 1 week



and price has been below ema(10) for the last 5 days
and price has been below ema(5) for the last 5 days
and ema(5) below ema(10) for the last 5 days
and 10 day slope of the close is below -0.15

draw IFT(5,9) line at -0.80
draw IFT(5,9) line at .80

add column ift(5,9){Inverse Fisher Transform}

draw Parabolic SAR(0.02,0.2)

/* Put the offset at 0 to see the current stocks: */
offset is 8


draw cma(rsi(10),3) line 50
draw cma(rsi(20),3) on plot rsi(10)
draw cma(rsi(15),3) on plot rsi(10)
do not draw rsi(10)
do not draw rsi(20)
do not draw rsi(15)

]



bert123
52 posts
msg #159981
Ignore bert123
1/7/2023 2:28:50 PM

Thanks for a great filter. I especially like the addition of the SAR.

Suggestion:
1. Set offset to O
2. Create a Watchlist of all stocks that the filter produces - /__REMOVED__/
3. Create a filter that shows those stocks in the watchlist that have the green dot in the last day.
4. Run the new filter against the watchlist.

You'll now have all stocks from the Fisher filter that are now green dot in the last day.

Thanks again SR and Snappy


snappyfrog
646 posts
msg #159982
Ignore snappyfrog
1/7/2023 3:10:23 PM

I changed date offset to 0
Commented out the IFT being below -0.80 for 5 days etc.
Added IFT crossed -0.80
Added shorter cma(RSI) crossed longer cma(RSI)

Results actually seem pretty good. Trades from 2 days to 1 week and longer.
See what you think.

Fetcher[

/* Fisher's Bottom Filter - 10DS



Using a 10 day slope instead of 15 */


/* Fisher's Rules:

1. Wait until the close crosses above both of the moving averages

2. and the Inverse Fisher Transform crosses above -.80

3. and RSI lines cross above one another.

*/




market is not otcbb
market is not etf

Show stocks where the close is between 1 and 50
and volume is above 900000



/* Inverse Fisher Transform */
and IFT(5,9) 1 day ago had been below -0.80 for the last 1 week
/*Added the following line*/
and IFT(5,9) crossed above -0.80


/*commented out this section*/
/*and price has been below ema(10) for the last 5 days
and price has been below ema(5) for the last 5 days
and ema(5) below ema(10) for the last 5 days
and 10 day slope of the close is below -0.15*/

draw IFT(5,9) line at -0.80
draw IFT(5,9) line at .80

add column ift(5,9){Inverse Fisher Transform}

draw Parabolic SAR(0.02,0.2)

/* Put the offset at 0 to see the current stocks: */
/*Changed offset to 0*/
offset is 0


draw cma(rsi(10),3) line 50
draw cma(rsi(20),3) on plot rsi(10)
draw cma(rsi(15),3) on plot rsi(10)
do not draw rsi(10)
do not draw rsi(20)
do not draw rsi(15)

/*Added this line*/
and cma(rsi(10),3) crossed above cma(rsi(20),3)
]



indexa
32 posts
msg #160034
Ignore indexa
1/23/2023 4:32:56 PM

Hi Snappy frog,

Thanks for sharing your filter, it's very good. I added a weekly fi(2) and it shows good bullish divergences in many symbols that help me to place the orders.

Could you comment about your market filter and your signals to decide what side trade?

Thanks a lot!

Carlos

mursemoney
13 posts
msg #160038
Ignore mursemoney
1/26/2023 2:54:50 PM

Hey Carlos,

Would you mind adding the filter to what snappyfrog modified? I'm not on the level you guys are but I have a volume spike fisher indicator that I would like to test out with this scan.

snappyfrog
646 posts
msg #160040
Ignore snappyfrog
1/26/2023 4:25:27 PM

Mursemoney, I added the weekly fi(2) from Carlos.

Fetcher[
/* Fisher's Bottom Filter - 10DS
Using a 10 day slope instead of 15 */


/* Fisher's Rules:
1. Wait until the close crosses above both of the moving averages
2. and the Inverse Fisher Transform crosses above -.80
3. and RSI lines cross above one another.
*/

market is not otcbb
market is not etf

Show stocks where the close is between 1 and 50
and volume is above 900000

/* Inverse Fisher Transform */
and IFT(5,9) 1 day ago had been below -0.80 for the last 1 week
/*Added the following line*/
and IFT(5,9) crossed above -0.80

/*commented out this section*/
/*and price has been below ema(10) for the last 5 days
and price has been below ema(5) for the last 5 days
and ema(5) below ema(10) for the last 5 days
and 10 day slope of the close is below -0.15*/

draw IFT(5,9) line at -0.80
draw IFT(5,9) line at .80

add column ift(5,9){Inverse Fisher Transform}

draw Parabolic SAR(0.02,0.2)

/* Put the offset at 0 to see the current stocks: */
/*Changed offset to 0*/
offset is 0

draw cma(rsi(10),3) line 50
draw cma(rsi(20),3) on plot rsi(10)
draw cma(rsi(15),3) on plot rsi(10)
do not draw rsi(10)
do not draw rsi(20)
do not draw rsi(15)

/*Added this line*/
and cma(rsi(10),3) crossed above cma(rsi(20),3)

/*Added from Carlos' suggestion*/
draw weekly Force Index(2)
]



StockFetcher Forums · Filter Exchange · Fisher's Bottom Filter<< 1 2 >>Post Follow-up

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