TheRumpledOne
6,529 posts
msg #61125
- Ignore TheRumpledOne
modified |
4/5/2008 12:07:05 PM
For those with larger accounts, WLT looks profitable.
I "discovered" WLT using my FINDING THE NEXT NTRI filter.
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TheRumpledOne
6,529 posts
msg #62614
- Ignore TheRumpledOne |
5/14/2008 6:27:01 PM
POP
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money123
19 posts
msg #62773
- Ignore money123 |
5/18/2008 7:56:14 PM
to mr.rumple sir your honor,
when is a good time to run the filter to get the best results, before, after or during the market thanks
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TheRumpledOne
6,529 posts
msg #62777
- Ignore TheRumpledOne |
5/18/2008 10:35:38 PM
Before or After but not during!!
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hraghav
12 posts
msg #64182
- Ignore hraghav |
6/22/2008 6:47:21 PM
Hi TRO:
I am amazed at the simplicity of your filters. But they are eerily efficient... bordering on the "too-good-to-be-true". I was working on the extension to RFR filter with some help from Niko (Hey Niko! :) ) (very similiar to your Travel Guide) and you beat me to it :)
I was following your Fade the Gap filter and I found it be extremely efficient if you follow the below strategy (extension to your buy at close and sell at open strategy):
1. Identify stocks that consistently gap up
2. Identify their day range
3. Picks stocks that have gap up > 60 in the last 100 days
4. Optionally, you can filter out stocks that gap down < 20 in the last 100 days (but this usually filters out everything, leaving you with 1 or 2 stocks; so use this wisely)
5. Combine it with RFR filter and identify the num days it has moved > 4% (just to be safer)
Strategy:
1. Once you found the stock, buy at close and sell at open at 2% profit. This approach totally mechanical and yet insanely profitable.
2. When the stock in question changes (and it will after a while), go with the new leader.
I did some backtests and get over 100% ROI from 2002-2008 (except for 2005-2006) which is in the RED. I wonder why this year was special. Anyways, 5/6 isnt' bad :)
Also, I did some price effectiveness back test. The ideal profts are for stocks that trade between 35-40. Above 40, it is still profitable but the profit decreases. Also, <20 stocks is a hit and miss. Not consistent.
So, we need to focus on stocks that are between >35 for this to be really efficient.
This approach is beneficial 'coz it is an EOD strategy and you do not have to be in the live market to execute it.
So I have a few queries:
1. What is the best time to buy at close? Should we do an MOC order? or do a limit say between 330-400PM?
2. Once the order is filled, should we just place a limit for 2% profit the next day open?
Just trying to maximize the effectiveness :)
Please feel free to share your thoughts and thanks for your simple yet phenomenal work! :)
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TheRumpledOne
6,529 posts
msg #64187
- Ignore TheRumpledOne |
6/22/2008 7:31:44 PM
1. What is the best time to buy at close? Should we do an MOC order? or do a limit say between 330-400PM?
A) If it is purely mechanical then MOC
2. Once the order is filled, should we just place a limit for 2% profit the next day open?
A) If it is purely mechanical then limit for 2% profit.
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TheRumpledOne
6,529 posts
msg #65173
- Ignore TheRumpledOne |
7/18/2008 10:57:37 AM
Dr. Joe Duarte's Market I.Q.
Trading Rules: Do not take trades on gap openings. Do not take trades if they open beyond the trading range provided in the recommendation, or 2% beyond any recommendation that does not include a trading range. Do not take trades if you are not sure of what the recommendation is directing you to do.
====================================================
Interesting!
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TheRumpledOne
6,529 posts
msg #65197
- Ignore TheRumpledOne |
7/18/2008 6:47:18 PM
The Statistic Analysis of Market Movements and Their Prognoses
http://articles.mql4.com/644?source=mql4email
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TheRumpledOne
6,529 posts
msg #65545
- Ignore TheRumpledOne |
7/28/2008 3:32:47 PM
pop
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RichyF
1 posts
msg #66016
- Ignore RichyF |
8/10/2008 4:25:02 PM
Hi TheRumpledOne
Love this filter, have tried trading stocks from it a few times with small amounts and limited success. Could I email you with a few questions and ideas?
I'm sure I can be profitable with a small amount of guidence. I need to perfect my entries and exits. (The old "Its how you trade not what you trade" syndrome ha ha)
Richy
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