StockFetcher Forums · Filter Exchange · FADING THE GAP STATISTICS FILTER<< 1 ... 17 18 19 20 21 ... 40 >>Post Follow-up
TheRumpledOne
6,529 posts
msg #66338
- Ignore TheRumpledOne
modified		 8/18/2008 4:14:38 AM

a google search for:

fade the gap stock trading

Results 1 - 10 of about 50,400 for fade the gap stock trading. (0.23 seconds)


Too bad the gap between Riggs' ears will never be filled!!



WALLSTREETGENIUS
983 posts
msg #66348
- Ignore WALLSTREETGENIUS		 8/18/2008 9:00:55 AM

Hi "Alf!"...8^ )
TheRumpledOne
6,529 posts
msg #66349
- Ignore TheRumpledOne		 8/18/2008 9:13:26 AM

FADING THE GAP traders are usually done with trading in 30 - 60 minutes. They take their profit quickly.

I have NO IDEA where Riggs got the idea you have to make 10 or 40 trades a day with this method. Usually, only 1 or 2 trades per stock.



TheRumpledOne
6,529 posts
msg #66350
- Ignore TheRumpledOne
modified		 8/18/2008 9:53:07 AM

*** WORK IN PROGRESS ***

Fetcher[
/* gap fill statistics - travel guide */

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, 100)}
set{gapdn100f, count(gapdnfilled > 0, 100)}

set{gapfilled, gapup100f + gapdn100f}

/* DRAW PLOTS */

DRAW XGAPPED ON PLOT XGAPPED

/* DISPLAY COLUMNS */

and add column gappedup100
and add column gappeddn100
and add column gapfilled
and add column gapup100f
and add column gapdn100f

and add column cma(absgap, 100)
and add column absgap 100 day high
and add column absgap 100 day low

set{xRange, high - low}
set{AvgRng, cma(xRange,5) }

set{HiOp, High - Open }
set{RunPCT, HiOp/open }
set{AvgRun5, cma(RunPCT,5) }
set{AvgRun20, cma(RunPCT,20) }

set{HiCl, High - Close }
set{PBPCT, HiCl/open }
set{AvgPB5, cma(PBPCT,5) }
set{AvgPB20, cma(PBPCT,20) }

set{ClLo, Close - low }
set{BouncePCT, ClLo/open }
set{AvgBounce5, cma(BouncePCT,5) }
set{AvgBounce20, cma(BouncePCT,20) }

set{OpLo, Open - low}
set{DropPCT, OpLo/open }
set{AvgDrop5, cma(DropPCT,5) }
set{AvgDrop20, cma(DropPCT,20) }

set{Green, count( close > open , 100)}

set{B10A, count(RunPCT > .10 , 100)}

set{A10A, count(RunPCT > .10 , 1)}
set{chg, sum( A10A - A10A 1 day ago ,5)}

and add column separator
add column RunPCT{R(today)}

add column PBPCT{P(today)}

add column DropPCT{D(today)}

add column BouncePCT{B(today)}

and add column separator
and add column AvgRun5
and add column AvgDrop5
and add column AvgBounce5
and add column AvgPB5
and add column AvgRun20
and add column AvgDrop20
and add column AvgBounce20
and add column AvgPB20

/* SELECTION CRITERIA */

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

/* SORT CRITERIA */

SORT COLUMN 7 DESCENDING
]
WALLSTREETGENIUS
983 posts
msg #66351
- Ignore WALLSTREETGENIUS		 8/18/2008 9:53:08 AM

I have NO IDEA where Riggs got the idea you have to make 10 or 40 trades a day with this method. Usually, only 1 or 2 trades per stock.
__________________________

Oh I don't know Avery....maybe they were QUOTES from your OWN thread?...LOL

=========================================================

"If I trade 20 stocks a day and nets $.10 per share per stock, that's a net $2,000 a day or $500k a year. There is no need to be greedy."


" don't necessarily wait for the gap to fill to take my profit. I take it WHEN I CAN!! 1000 * $.10 = $100!
Do that with 10 STOCKS that fill the gap 80% of the time and you make $1000 a day. Simple."



=========================================================


This is what happens when you just run your mouth....you soon forget what you say half the time...



RIGGS









TheRumpledOne
6,529 posts
msg #66352
- Ignore TheRumpledOne		 8/18/2008 9:56:22 AM

That's NOT 20 trades on the same stock!!
WALLSTREETGENIUS
983 posts
msg #66356
- Ignore WALLSTREETGENIUS		 8/18/2008 11:07:07 AM

...who cares what you mean Avery! You need to quit while you're behind man...
TheRumpledOne
6,529 posts
msg #66366
- Ignore TheRumpledOne		 8/18/2008 3:46:54 PM

AAPL gapped down today so the trade was long at $175.67

AAPL high today was 177.81.

You can take dimes or dollars.
TheRumpledOne
6,529 posts
msg #66383
- Ignore TheRumpledOne		 8/19/2008 4:14:39 AM

More on statistics:

The Statistic Analysis of Market Movements and Their Prognoses

http://articles.mql4.com/644?source=mql4email
luc1grunt
622 posts
msg #66384
- Ignore luc1grunt		 8/19/2008 6:17:02 AM

Avery, the statistic tools you provide are invaluable. You have made a task that would have taken many hours to code and provided it for FREE to everyone.

You can't be thanked enough.

Using it and applying it are up to the user. You "get it" or you don't.

Grunt
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