StockFetcher Forums · Filter Exchange · Hammer-selective<< >>Post Follow-up
52 posts
msg #38095
Ignore jaketheguy
9/20/2005 7:13:25 AM

Below is a black or white 'hammer', combined with a low RSI(2).

Fetcher[set{E50b,days(close is above ma(50),100)}
set{E50a,days(close is below ma(50),100)}
set{CxM50, E50a - E50b}
set{E1326b,days(ema(13) is above ema(26),100)}
set{E1326a,days(ema(13) is below ema(26),100)}
set{E13xE26, E1326a - E1326b}

set{cA, count(low is more than 3% below open, 1)*count(close is less than 0.7% below high, 1)}
set{cB, count(close is above open, 1)*count(open is less than 1% below close, 1)}
set{AND1, cA*cB}

set{oA, count(low is more than 3% below close, 1)*count(open is less than 0.7% below high, 1)}
set{oB, count(open is above close, 1)*count(close is less than 1% below open, 1)}
set{AND2, oA*oB}
set{OR1, AND1+ AND2}

show stocks where OR1 above 0
and RSI(2) is below 3

and draw cxm50
and draw e13xe26
add column RSI(2)

I did some manual sporadic backchecking and it seems to give mixed results at best. Someone may want to do the automated backtest. Any improvements or suggestions are welcomed.

StockFetcher Forums · Filter Exchange · Hammer-selective<< >>Post Follow-up

*** Disclaimer *** 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. does not recommend particular securities., 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 2018 - 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