StockFetcher Forums · Filter Exchange · RSI(2) REVISITED<< 1 ... 4 5 6 7 8 ... 12 >>Post Follow-up
klynn55
747 posts
msg #60408
Ignore klynn55
3/12/2008 10:35:21 AM

chetron; could you please define your columns and the purpose of each, thank you! your filter of 3/11/2008, that is. i wonder how many here are like me, an amateur who wants to learn and so is confused by terms such as POPCOUNT?


chetron
2,817 posts
msg #60413
Ignore chetron
3/12/2008 11:52:58 AM

sorry klynn,
that's cmeade2 filter. i just make them clickable.





cmeade2
9 posts
msg #60415
Ignore cmeade2
3/12/2008 12:10:49 PM

popcount= # of times in past 100 days the stock price "popped" above the open to the predetermined level when rsi(2) fell below the threshold value on the previous day (3% above the open for rsi(2) below 10 in the previous posted version)

rs100= total # of times in past 100 days rsi(2) fell below the threshold value for a particular stock

successratio= the ratio of the above. It tells you what fraction of the time the stock "popped" when it reached the rsi(2) threshold

hi100= today's difference between the high and the open in %



contrahawk
68 posts
msg #60416
Ignore contrahawk
3/12/2008 1:02:58 PM

No, I have an Excel database not a "scan" or "filter". However, if you set up a SF watchlist "RinMotion" with the one stock, RIMM, in it and use the following filter

Fetcher[
set{indic,RSI(2) 1 day ago}
set{potl,High-Close 1 day ago}
indic < 25
add column indic
add column High
add column Close 1 day ago{prev}
add column potl
apply to watchlist(RinMotion)
]



you can check it out a day at a time.

Jim

cmeade2
9 posts
msg #60417
Ignore cmeade2
3/12/2008 1:23:57 PM

Contrahawk

There are two potential areas for disagreement

1) Stockfetcher only lets you look at the statistics for the past 100 days (hint hint, it would be great if they would increase this parameter). It's possible for Rimm that the behavior in this period is different from the record over the past 2-3 years.

2) You are talking about the difference between the close and the next day's high. The filter I posted looked at the difference between the open and the high. For some people, this is better approach, because you don't have the risk of holding the stock over night.

Making a few changes to the filter to reflect your strategy, I see that if you buy Rimm at the close when rsi(2) falls below 10, the next day's high will be at least 2% greater, 85% of the time.



chetron
2,817 posts
msg #60418
Ignore chetron
3/12/2008 1:31:30 PM

contrahawk,
can you check it out 1 day at a time with the symlist command?

Fetcher[

set{indic,RSI(2) 1 day ago}
set{potl,High-Close 1 day ago}
indic < 25
add column indic
add column High
add column Close 1 day ago{prev}
add column potl
apply symlist(rimm)

]



contrahawk
68 posts
msg #60419
Ignore contrahawk
3/12/2008 2:21:21 PM

I'm certain that you're right, chetron. . . .I was sure that there was a command like that but I never got around to including it in my quiver.

Thanks! Next time I'll know where to look.

Jim

contrahawk
68 posts
msg #60420
Ignore contrahawk
3/12/2008 2:44:59 PM

cmeade2,

we must be in complete harmony, you and I, because I made no suggestion about how (or if) someone might use the information drawn from my data. . . .it's just information. . . .there was no "strategy" attached!

Jim

klynn55
747 posts
msg #60421
Ignore klynn55
3/12/2008 3:01:23 PM

thanks guys,thanks for the explains.

chetron
2,817 posts
msg #60428
Ignore chetron
modified
3/12/2008 4:56:02 PM

and how about this....


Fetcher[

set{indic,RSI(2) 1 day ago}
set{potl,High-Close 1 day ago}

set{var1,count(indic < 25,1)}
set{var2,count(potl > -0,1)}
set{winner,var2 * var1}


add column indic
add column High
add column Close 1 day ago{prev}
add column potl
add column winner

draw winner on plot winner

apply symlist(rimm)


]



StockFetcher Forums · Filter Exchange · RSI(2) REVISITED<< 1 ... 4 5 6 7 8 ... 12 >>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.