StockFetcher Forums · Filter Exchange · add rubber bands to your indicator chart list<< >>Post Follow-up
MARY4MONEY
806 posts
msg #82225
Ignore MARY4MONEY
11/1/2009 1:13:14 PM

this measures the degree of stretching from a certain ma-- it appears the 10-20 ma works the best so far--i use a 20 ma-- here is the indicator----- set{rb,close/ma(20)} and add column rb-- the 20 ma would be 1.0----so a reading of 0.85 would be 15% below the ma 20 and a reading of 1.15 would be 15% above the ma 20-- the indexes typically will range from 0.94-1.06 on the daily rsi-2 and 0.90 to 1.10 on the weekly rsi-2--for shorting you want the highest rb with the highest rsi-2- and the inverse for the bottom ----you will get your best moves up from bottoms with the lowest rb--rsi-and highest-- x%(set{x%,weekly atr(8)/weekly ma(8)} and add column x%) on the jul 10 -09 bottom of the weekly rsi-2 lvs x% was 0.18 weekly rsi-2 at 4.4% and the rb was at 0.90- its up 120% from that point--

tmanbone
124 posts
msg #82227
Ignore tmanbone
modified
11/1/2009 1:24:37 PM

Great M4M, Thanks; Chetron help! :-)

chetron
2,817 posts
msg #82230
Ignore chetron
modified
11/1/2009 2:26:38 PM

this measures the degree of stretching from a certain ma-- it appears the 10-20 ma works the best so far--i use a 20 ma-- here is the indicator----- set{rb,close/ma(20)} and add column rb-- the 20 ma would be 1.0----so a reading of 0.85 would be 15% below the ma 20 and a reading of 1.15 would be 15% above the ma 20-- the indexes typically will range from 0.94-1.06 on the daily rsi-2 and 0.90 to 1.10 on the weekly rsi-2--for shorting you want the highest rb with the highest rsi-2- and the inverse for the bottom ----you will get your best moves up from bottoms with the lowest rb--rsi-and highest-- x%(set{x%,weekly atr(8)/weekly ma(8)} and add column x%) on the jul 10 -09 bottom of the weekly rsi-2 lvs x% was 0.18 weekly rsi-2 at 4.4% and the rb was at 0.90- its up 120% from that point--


Fetcher[
/* WHAT HE DID */

set{rb,close/ma(20)}
set{x%,weekly atr(8)/weekly ma(8)}
set{var1a,rb 21 day high 1 day ago}
set{var1b,rb 21 day low 1 day ago}
set{var1,count(rb above var1a,1)}
set{var2,count(rb below var1b,1)}
set{var3,count(weekly rsi(2) below 5,1)}
set{var4,count(weekly rsi(2) above 95,1)}
set{var5,count(rsi(2) below 5,1)}
set{var6,count(rsi(2) above 95,1)}

set{var7,var2 * var3}
set{vbuy,var7 * var5}
set{var8,var1 * var4}
set{vshort,var8 * var6}
set{vplays,vshort + vbuy}

add column x%
add column vbuy
add column vshort
add column rb

draw vshort on plot vbuy
draw weekly rsi(2)
draw rsi(2)
draw rb

weekly rsi(2) below 5
x% above .05

sort column 5 descending

]



chetron
2,817 posts
msg #82231
Ignore chetron
modified
11/1/2009 2:34:18 PM

though i like lvs on 28 oct 09...........


Fetcher[
/* WHAT HE SAID */

set{rb,close/ma(20)}
set{x%,weekly atr(8)/weekly ma(8)}
set{var1a,rb 21 day high 1 day ago}
set{var1b,rb 21 day low 1 day ago}
set{var1,count(rb above var1a,1)}
set{var2,count(rb below var1b,1)}
set{var3,count(weekly rsi(2) below 25,1)}
set{var4,count(weekly rsi(2) above 75,1)}
set{var5,count(rsi(2) below 25,1)}
set{var6,count(rsi(2) above 25,1)}

set{var7,var2 * var3}
set{vbuy,var7 * var5}
set{var8,var1 * var4}
set{vshort,var8 * var6}
set{vplays,vshort + vbuy}

add column x%
add column vbuy
add column vshort
add column rb

draw vshort on plot vbuy
draw weekly rsi(2)
draw rsi(2)
draw rb

close above .1
volume above 10000000
x% above .15
vplays above .5
do not draw vplays
sort column 5 descending

]



Kevin_in_GA
4,599 posts
msg #82233
Ignore Kevin_in_GA
11/1/2009 3:11:30 PM

Ever hear of Bollinger Bands? Same idea as M4M's rubber bands - the farther the stock price moves from the MA (in standard deviations from the MA for Bollinger Bands) the more likely it is to return toward the MA.

the_trade123
107 posts
msg #82260
Ignore the_trade123
11/2/2009 8:14:18 AM

M4M: Your much touted game website wallstreet survivor does not let you play index options...that kinda sux...

tmanbone
124 posts
msg #82300
Ignore tmanbone
11/3/2009 12:05:21 AM

Thanks Chetron!

chetron
2,817 posts
msg #82307
Ignore chetron
11/3/2009 8:35:47 AM

YOU ARE VERY WELCOME, tmanbone

StockFetcher Forums · Filter Exchange · add rubber bands to your indicator chart list<< >>Post Follow-up

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