StockFetcher Forums · Filter Exchange · If you really found...<< 1 2 3 4 5 >>Post Follow-up
markcrisp
187 posts
msg #45165
Ignore markcrisp
6/21/2006 7:18:14 AM

I personally don't think I would, not because I don't want to help others, but because I do. And if I developed such system, I would start my own fund
-------------------------------------------------------------------------------
Would you? Have you ever seen the "hoops" you have tyo jump through to set up a fund? It's not easy nor cheap at all. No wonder most good traders do not even bother.


radovan.arendas
41 posts
msg #45166
Ignore radovan.arendas
6/21/2006 11:09:42 AM

ashraf999
- Ignore ashraf999
- Report offensive post
modified 6/21/2006 5:53:14 AM

I have found - thanks to the contribution of TheRumpledOne to this forum - one of the best filters I have ever tested. So I would like to share it with others. It is based on RSI(2). But it is valid for 1-2 days only. Basically, I watch the stocks which has RSI(2) between 1 and 3. If RSI(2) drops below 0.2 by the end of the following trading day, then the approach is to buy it and hold it. Then it is sold by the end of the next trading day.
---------------------------------------------------------------

Hi ashraf999,
let me understand more closely. If rsi(2) was yesterday between 1 nad 3(calculated with close price) and today just before market close is the rsi(2) below 0.2 you buy close to closing price. Than you sell next day. Right?

I looked at it and the only disadvantage is that it produces very few hits.
Regards
r.a.



ashraf999
33 posts
msg #45176
Ignore ashraf999
6/22/2006 2:50:10 AM

Yes that is what I meant.


TheRumpledOne
6,407 posts
msg #47376
Ignore TheRumpledOne
10/8/2006 11:26:08 AM

markcrisp
- Ignore markcrisp
- Report offensive post 6/6/2006 5:26:49 AM

TRO

so on this premise why aren't you?
------------------------------------------------------------------------------
When I see someone selling trading systems, the first thing I think is "if it was any good then why aren't you on a tropical island or beach?"
-----------------------------------------------------------------------------

Heading to CABO today for Sammy Hagar's Birthday Bash!

IT'S CABO WABO TIME!!

ADIOS.



StockFetcher Forums · Filter Exchange · If you really found...<< 1 2 3 4 5 >>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.