StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 11 12 13 14 15 ... 40 >>Post Follow-up
TheRumpledOne
6,529 posts
msg #56207
Ignore TheRumpledOne
modified
10/30/2007 6:52:47 PM

Fetcher[
/* close near open statistics */

set{Xclosed, close - open}
set{Xclosedup, count(Xclosed > .10, 1)}
set{Xcloseddn, count(Xclosed < -.10, 1)}

set{closedpedup100, count(Xclosedup > 0, 100)}
set{closedpeddn100, count(Xcloseddn > 0, 100)}


/* DISPLAY COLUMNS */

and add column closedpedup100
and add column closedpeddn100



/* 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)

/* SELECTION CRITERIA */

CLOSE ABOVE 40
AVERAGE VOLUME(30) ABOVE 1000000
MARKET IS NASDAQ

/* SORT CRITERIA */

SORT COLUMN 4 DESCENDING
]



How many times did the stock close up more than a dime?

How many times did the stock close down more than a dime?

That shows me volatility.

I already have the high - open and open - low stats.






dwiggains
447 posts
msg #56228
Ignore dwiggains
10/31/2007 11:25:58 AM

TheRumpledOne
I like your work here. Have you thought of modifying this filter to give you the statistics --- if the stock opens up the percentage of the time it will close above open. Could also look at the short side.

Thanks
See ya
David

welliott111
98 posts
msg #56235
Ignore welliott111
10/31/2007 5:23:56 PM

Any suggestions where to find pre-market gappers? Nasdaq.com has pre-market info but only Most active,Most advanced,Most declined.

luc1grunt
622 posts
msg #56237
Ignore luc1grunt
10/31/2007 6:07:05 PM

Trade ideas can be set to show the gappers...up or down

welliott111
98 posts
msg #56238
Ignore welliott111
10/31/2007 6:32:14 PM

Thanks Luc







TheRumpledOne
6,529 posts
msg #56241
Ignore TheRumpledOne
10/31/2007 7:23:25 PM

"Have you thought of modifying this filter to give you the statistics --- if the stock opens up the percentage of the time it will close above open. "

No. I don't care about where it closes. I only care about open to high and open to low. There's where I make my money.



TheRumpledOne
6,529 posts
msg #56246
Ignore TheRumpledOne
10/31/2007 9:24:48 PM

Image and video hosting by TinyPic

DRYS got smashed yesterday.

Notice how the buyzone kept you on the profitable side of the trade.

All I need is open to low and open to high.



TheRumpledOne
6,529 posts
msg #56247
Ignore TheRumpledOne
10/31/2007 9:37:14 PM

Image and video hosting by TinyPic

Gap filled again today... imagine that!



TheRumpledOne
6,529 posts
msg #56249
Ignore TheRumpledOne
modified
10/31/2007 9:43:50 PM

Fetcher[
/* GAP FILL STREAK COUNTER */

set{Xgapped, open - close 1 day ago}
set{Xgapup, count(Xgapped > 0, 1)}
set{Xgapdn, count(Xgapped < 0, 1)}

set{absgap, abs(Xgapped)}

set{gappedup100, count(Xgapup > 0, 100)}
set{gappeddn100, count(Xgapdn > 0, 100)}

set{cl1lo, close 1 day ago - low}
set{hicl1, high - close 1 day ago }

set{fillup, count(cl1lo > 0, 1)}
set{filldn, count(hicl1 > 0, 1)}

set{gapupfilled, Xgapup * fillup }
set{gapdnfilled, Xgapdn * filldn }

set{gapup100f, count(gapupfilled > 0, 1)}
set{gapdn100f, count(gapdnfilled > 0, 1)}

set{gapfilled, gapup100f + gapdn100f}

set{FillStr,days(gapfilled equal 0, 100)}


add column FillStr
add column Xgapped
add column gapupfilled
add column gapdnfilled

/* SELECTION CRITERIA */

CLOSE ABOVE 40
AVERAGE VOLUME(30) ABOVE 1000000
MARKET IS NASDAQ

/* 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)


/* SORT CRITERIA */

SORT COLUMN 5 DESCENDING
]



It is very important to remember that the gap does NOT have to fill in order to make money.



welliott111
98 posts
msg #56297
Ignore welliott111
11/1/2007 5:55:18 PM

TRO

Do you still recommend the 80% or better criteria or is volatility more

successful?Most of your examples are aapl ,rimm,drys and they are in

the 60% gap fill range.


Thanks



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