garza
2 posts
msg #99925
- Ignore garza |
3/27/2011 7:10:32 AM
Agreed, optionplayer
that is very impressive.
Where can I find that filter?
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2932avidan
26 posts
msg #99933
- Ignore 2932avidan |
3/27/2011 11:14:06 AM
I didn't understand what this fetcher find ?
and how i should use that fetcher to trade what should i looking for in what it finds to me ?
how should i trade with it long short ? when i need to connect the trade , what that really all about ?
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mahkoh
1,065 posts
msg #99939
- Ignore mahkoh |
3/27/2011 2:49:28 PM
StockStalker
msg #99660
- Ignore StockStalker
modified 3/14/2011 4:40:30 PM
mahkoh,
so that means the filter is already sorted the best way possible? if i understand you correctly?
StockStalker
I haven't figured this out yet myself. What I noticed is that this filter generates stocks that are in a bottoming process. I am specifically interested in those that are done bottoming and moving up. What I do is download the csv file and make a symlist out of it for another filter that I run the next day. Something like :"show stocks where close is above the high 1 day ago" or " show stocks where close is 2 % above the open". That will leave you with the ones that are moving up.
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bconnell
3 posts
msg #99949
- Ignore bconnell |
3/27/2011 11:47:52 PM
I have been experimenting with this filter by changing to a daily filter and limiting the number of stocks returned. I only trade options and I'm usually in and out within 1 - 7 days.
I'm looking for stocks with the following conditions:
1. Trending up over the last 100 days
2. Price > 10
3. Average volume > 300000
4. Williams %R (2) < -70
5. Williams %R (2) increasing for 1 day
6. RSI(2) decreasing for 1 day
7. Optionable
Limiting number of stocks returned by
1. Only looking at stocks that are near the bottom linear regression line(100)
2. Limiting to RSI(2) < 10
This greatly reduces the number of stocks you have to research daily while still getting the benefit of using the Williams %R and RSI convergence.
I've also included my Entry and Exit rules (please let me know what I may have missed as I know there are some...)
Entry Rule Exceptions
1. Always know the next earnings date - do NOT play unless you're playing the event
2. If consecutive down days (3 or more), wait for the first up day or price crosses above the 7 day moving average
3. If playing after a gap down, wait for price to close above the 7 day moving average or a reversal candlestick pattern (harami, engulfing, etc). Keep a very tight stop loss.
Exit Rules
1. When RSI(2) > 90, place a stop at the low of the previous day and keep moving up until closed
2. Price crosses below 7 day Moving Average
I'm looking for feedback on ways to improve this filter so any and all input is welcome.
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StockStalker
5 posts
msg #99979
- Ignore StockStalker |
3/29/2011 2:59:59 AM
Anyone knows why this filter only looks for a CURRENT weekly divergence?
Why doesnt it look for a divergence one week back instead?
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reeseman
30 posts
msg #100165
- Ignore reeseman |
4/7/2011 9:10:44 AM
Hello SF,
I really like aspect of this filter, when you are calling this the TOP is that because of price pattern or the turn down of the incidators. What or is there a buyin signal in this filter.
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mathgeek
11 posts
msg #100951
- Ignore mathgeek
modified |
5/28/2011 7:44:33 PM
i was looking at the code for the filter and the first line says "Weekly Williams %R(2) is above Weekly Williams %R(2) 1-day ago". I'm probably missing something very clear, but the logic doesn't make sense to me. How can one line be above itself. isn't the first weekly williams %R(2) the same as the second weekly williams %R(2)?
Thanks for your patience,
Thomas
=================================================
Just found my mistake. Just needed to take a break then look at it again. oops :)
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optionplayer333
801 posts
msg #101007
- Ignore optionplayer333 |
6/2/2011 12:40:38 PM
you are all making this so dam complicated> you should be making millions with my trading system-it is very easy to follow> i gave out 10-12 of my e books to >150 people on this site>
he ivol option calculator> it predicted a 2-3$ drop today before the close on friday> when ever it is extrememely schewed to one side> it becomes an instant cash machine> friday was the perfect setup for the spy top> 98% daily rsi-2 and a hanging man top> and then the option calculator said this week would be very very red> what it does is give you what the black scholes option price should be and then also the real time option price> bullish is when the real price is above the black scholes price and bearish when it is below it> it uses the nearest strike price to the actual price for this calculation. the bigger the difference between the 2 values-the bigger the move in either direction> at 1545 on friday> for the call it was black schole 1.74 and the real price was 1.61-that very very bearish>for the put it was black scholes >1.56>actual price 1.76> extremely buillish on the puts> so i got the 134-131 puts> 38k contracts> at todays close they were up 450-700% and there will be another gap down on 6-2> because it is still very bullish for the puts>and the daily rsi-2 is still at 27%> we need <10% for the next bottom which would put it down near 129 this week>
Description Qty Price Mkt Value Cost Basis Gain/Loss Pos Dly Chg Pos Val Chg Stock Last Pos Bid Pos Ask
Description Qty Price Mkt Value Cost Basis Gain/Loss Pos Dly Chg Pos Val Chg Stock Last Pos Bid Pos Ask
SPY 3 Jun 11 (W) 132.00 Put 12000 $0.92 $1,103,999.95 $264,000.00 $839,999.95 $0.78 $941,999.96 $131.81 $.89 $.95
SPY 3 Jun 11 (W) 133.00 Put 12000 $1.54 $1,847,999.95 $464,000.00 $1,383,999.95 $1.30 $1,565,999.94 $131.81 $1.50 $1.5
up 2.4 million so far and counting
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mathgeek
11 posts
msg #101009
- Ignore mathgeek |
6/2/2011 2:48:09 PM
option player stop bragging about your imaginary gains. up 2.4 mil. what a joke.
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duncanhoo
14 posts
msg #101584
- Ignore duncanhoo |
7/12/2011 8:46:42 AM
bconnell - have been following this filter for some time. are you making real money with your entry/exit rules?
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