StockFetcher Forums · Filter Exchange · Who really wants to find the next NTRI?<< 1 ... 16 17 18 19 20 ... 31 >>Post Follow-up
leaddog
38 posts
msg #42878
- Ignore leaddog		 4/10/2006 9:32:40 PM

stocktrader
<<4/10/2006 3:58:24 PM

<<Another $1,800 today!

<<SHORTing BRCD and KRY !
<<Using the WARM display....and the secret RSI(2).

<<Did I mention how great the Next NTRI filter is?

First I feel that it is very sporting of you to show your appreciation to TRO.

I am trying to understand your use of the filter and how you chose BRCD and KRY to short using the filter. It took me awhile to understand RSI(2) so maybe I am a bit slow.
stocktrader
294 posts
msg #42879
- Ignore stocktrader		 4/10/2006 10:23:45 PM

Thanks, it is good sport.

I chose BRCD and KRY based on the filter in this post, set for 1 day ago (Friday).

This is essentially the Next NTRI filter that I adjusted to be over $5 due to my broker limitation.

The trades went this way....

1) Review of the charts before market open.
2) All tickers loaded up in the trading platform and sorted by RSVAL (RSI(2)).
3) TRADE.

I waited a short time after the market opened to see what tickers were going to breakdown.

Another thing that I do is scale in and scale out. On both BRCD and KRY I sold short -2000 shares in each. After a short (no pun intended) while if I believe the trade is going my way, I'll sell short again. In this case, another -2000 shares for each for a total -4000 each position size.

I'll scale in and out on LONGS as well.

I do have losers, like anyone else. Like my post on Friday/Saturday.
LOUD was a loser and I just cut it.


Fetcher[/* FINDING THE NEXT NTRI FILTER */

/* TREND DISPLAY */

set{T03, count(3 day slope of the close above 0,1)}
set{T05, count(5 day slope of the close above 0,1)}
set{T10, count(10 day slope of the close above 0,1)}
set{T60, count(60 day slope of the close above 0,1)}
set{T200, count(200 day slope of the close above 0,1)}

set{V10, count(average volume(3) below volume,1)}
set{V60, count(average volume(15) below volume,1)}
set{V200, count(average volume(30) below volume,1)}

Set{av1, V200 * 1}
Set{av2, V60 * 10}
Set{av3, V10 * 100}

Set{a1, T200 * 1}
Set{a2, T60 * 10}
Set{a3, T10 * 100}

Set{et1, T10 * 1}
Set{et2, T05 * 10}
Set{et3, T03 * 100}
Set{etzenith,50}

Set{t1, T200 * 100}
Set{t2, T60 * 100}
Set{t3, T10 * 100}
Set{t12, t1 + t2}
Set{t123,t12 + t3}

Set{v1, V200 * 100}
Set{v2, V60 * 100}
Set{v3, V10 * 100}
Set{v12, v1 + v2}
Set{v123,v12 + v3}

Set{aa, a1 + a2}
Set{TREND, aa + a3}

Set{aav, av1 + av2}
Set{TRENDV, aav + av3}

Set{et, et1 + et2}
Set{TRENDE, et + et3}
set{T03a,days(3 day slope of the close below 0, 100)}
set{T05a,days(5 day slope of the close below 0, 100)}
set{T10a,days(10 day slope of the close below 0, 100)}

draw T03a
draw T05a on plot T03a
draw T10a on plot T03a
draw etzenith on plot T03a

/* dvpct - percentage dollar volume increased(+)/decreased(-) */

set{dv1, close 1 day ago * volume 1 day ago }
set{dv, close * volume }
set{netdvchg, dv - dv1}
set{dvpc, netdvchg / dv1 }
set{dvpct, dvpc * 100}

/* valchg - percentage value increased(+)/decreased(-) */

set{netchg, close - close 1 day ago}
set{CCC, netchg / close 1 day ago}
set{VVV, volume / volume 1 day ago}
set{CCCVVV, CCC * VVV}
set{valchg, CCCVVV * 100 }

Set{tcross,250}
Set{tzenith,400}
Set{tnadir,-100}

Set{vcross,250}
Set{vzenith,400}
Set{vnadir,-100}


add column average volume(90)
ADD COLUMN TREND
add column TRENDV
add column TRENDE
add column dvpct
add column valchg

/* enter your Upper Limit criteria */
set{UpperLim, High 13 week High}

/* enter your Lower Limit criteria */
set{LowerLim, Low 13 week Low}

set{LimDiff, UpperLim minus LowerLim}
set{PPDiff, CLOSE minus LowerLim}
set{PPDiv, PPDiff / LimDiff}
set{BallOn, PPDiv * 100}

set{PPDiffH, UpperLim - Close}
set{PPDivH, PPDiffH / Close}
set{BallOnH, PPDivH * 100}

set{PCT, LimDiff / LowerLim}

set{HiOp,high - open}
set{OpLo, open - low}

set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{ClxCl, CCa - CCb}

set{HHb,days(High is above High 1 day ago,100)}
set{HHa,days(High is below High 1 day ago,100)}
set{HixHi, HHa - HHb}

set{LLb,days(Low is above Low 1 day ago,100)}
set{LLa,days(Low is below Low 1 day ago,100)}
set{LoxLo, LLa - LLb}

set{VolUp, days(volume is below volume 1 day ago,100)}
set{VolDn, days(volume is above volume 1 day ago,100)}
set{VlXvl, VolUp - VolDn}

set{vck1, volume 1 day ago }
set{vck, volume / vck1 }
set{vdbl, days(vck < 2, 100)}

Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}

set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}

set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}

set{RChg, count( UpperLim equal UpperLim 1 day ago, 1 ) }
set{SChg, count( LowerLim equal LowerLim 1 day ago, 1 ) }

/* Volatility Direction Filter Display */

set{BBDiff, Upper Bollinger Band(20) - Lower Bollinger Band(20) }

set{BBDb,days(BBDiff is above BBDiff 1 day ago,100)}
set{BBDa,days(BBDiff is below BBDiff 1 day ago,100)}
set{BBTrend, BBDa - BBDb}

set{ATRb,days(ATR(14) is above ATR(14) 1 day ago,100)}
set{ATRa,days(ATR(14) is below ATR(14) 1 day ago,100)}
set{ATRTrend, ATRa - ATRb}

/* profit had you bought the open 5 days ago and sold at the high */

set{High5, High 5 day High}
set{Profit, High5 - open 5 days ago}

/* Narrow Channel Breakout Display */

set{ High20, high 20 day high}
set{ Low20, low 20 day low}

set{ New20High, count( high above High20 1 day ago , 1 ) }
set{ New20Low, count( low below Low20 1 day ago , 1 ) }

/* column display */

add column HiOp
add column OpLo
add column Profit

add column BallOn
add column BallOnH
add column UpperLim {Resist}
add column LowerLim {Support}

add column RChg
add column SChg

add column New20High
add column New20Low

AND ADD COLUMN BBTrend
AND ADD COLUMN ATRTrend

/* PLOTS */

and draw UpperLim on plot price
and draw LowerLim on plot price

and draw t123
and draw tcross on plot t123
and draw tzenith on plot t123
and draw tnadir on plot t123

and draw v123
and draw vcross on plot v123
and draw vzenith on plot v123
and draw vnadir on plot v123

/* NORMALIZE accumulation distribution */

set{adval, INDPOSITION(accumulation distribution, 60) * 100 }

/* NORMALIZE momentum(12) */

set{moval, INDPOSITION(momentum(12), 60) * 100}

/* NORMALIZE rsi(2) */

set{rsval, RSI(2) }

/* NORMALIZE williams %r(10) */

set{wrval, INDPOSITION(williams %r(10), 60) * 100 }

/* DRAW THE MP RSIWLR CHART */

and draw wrval
and draw adval on plot wrval
and draw moval on plot wrval
and draw rsval on plot wrval

and ADD COLUMN T03a
and ADD COLUMN T05a
and ADD COLUMN T10a

and add column wrval
and add column adval
and add column rsval
and add column moval

and add column clxcl
and add column VlXvl
and add column Vdbl

and add column HixHi
and add column LoxLo

and add column Bullpower
and add column Bearpower
and add column BLxBL
and add column BRxBR

/* Selection Criteria */

and do not draw trend
and do not draw trendv

and market is not OTCBB

and wrval above 50
and adval above 50
and rsval above 50
and moval above 50

and close is between 5 and 10

and avg vol(5) above 500000
and avg vol(30) above 500000

add column industry

and Sort column 29 descending

and chart-length is 5 months

offset is 1 day]
stocktrader
294 posts
msg #42880
- Ignore stocktrader		 4/10/2006 10:34:23 PM

I also have to mention that I decided to SHORT today due to the general market conditions on Friday. BRCD and KRY were the only stocks I played today, decidedly short.

If one looks at my trading platform screen shot posted on Saturday, it's apparent in several places that I am "trying" to go long or short based on what way the general market is moving.

Just trying to improve probabilities.
rtucker
318 posts
msg #42882
- Ignore rtucker		 4/11/2006 12:06:56 AM

Congrats stocktrader. Your'e a generous person. There was a thread "watchlist or anything that moves?" I am interested if you were always in this small watchlist group or was this thread a beginning to a change of methods?

I think it is interesting (for me anyway) to see what stocks this screen might have turned up; 12/01/2004 through 5/01/05. This time period was the last relatively steep downturn of qqqq's. By, using this "next ntri" criteria and Cegis' backtest trick it is clear that even during this 100 day period a good 20 or so "movers" could be found and traded. At least by you that is !

Fetcher[set{rtn1,price / price 100 days ago}
set{rtn2,rtn1 - 1}
set{rtn,rtn2 * 100}

*/filter goes here*/
price 100 days ago is between 1 and 20 and avg vol(90) > 300000

add column rtn
and rtn > 0
and sort column 5 descending
offset 5/1/2005]
stocktrader
294 posts
msg #42886
- Ignore stocktrader		 4/11/2006 8:56:59 AM

rtucker,

Thanks, but I was not part of that thread/group.

I see many good plays in your filter. Really got me excited to see some of them. You're right, many movers.

One reason I like the Next NTRI filter is that it has "movers" as you said.

I call this my popcorn filter. A group of stocks (Little kernals of corn) that are heating up and pop. Every day if I can get one or two that pop, this is good. For me trading is a function of time. In the past, I've been a long term holder of stocks (1+ year hold) just find out that I get 20% gain on the portfolio for the year. Although 20% is good in terms of banks, etc.....it always could be better :)

Watching OLAB today for a potential short.......pretty scary!




stocktrader
294 posts
msg #42887
- Ignore stocktrader		 4/11/2006 9:32:14 AM

Just tried to short OLAB......no shares available to short....
Probably a good thing....maybe it goes up :)
stocktrader
294 posts
msg #42888
- Ignore stocktrader		 4/11/2006 10:13:19 AM

How about that OLAB! I'm drueling.....
fixme1too
7 posts
msg #42889
- Ignore fixme1too		 4/11/2006 11:56:11 AM

Hello all new here to the forum just was wondering is there a good filter here the would indicate stocks that would be good for shorting. If the trends filter is it what do we look for in the filter that would indicate a particular stock would be good to short.
stocktrader
294 posts
msg #42890
- Ignore stocktrader		 4/11/2006 12:19:08 PM

Welcome.

The Next NTRI filter will work. Watch the WARM display.

Shorted LNUX today, which is in the filter.

Done for the day with a measly $650, in a bloody market yet.




fixme1too
7 posts
msg #42891
- Ignore fixme1too		 4/11/2006 12:35:54 PM

hey stocktrader ran the april 10th NTRI filter didnt see LNUX on it. Which NTRI did u use and what in the WARM portion of the filter prompted u to choose LNUX to short LOL about ur 650.00 for today. Im just starting with 3,000.00 Would love to get 650.00 for the week LOL
StockFetcher Forums · Filter Exchange · Who really wants to find the next NTRI?<< 1 ... 16 17 18 19 20 ... 31 >>Post Follow-up

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