davesaint86
726 posts
msg #140921
- Ignore davesaint86 |
1/12/2018 7:46:54 PM
The filter I posted is not perfect. It is triggering SOXS as a buy and SOXL as a sell. I would not buy SOXS. This is where relative strength comes in. Most of the low relative strength buy signals are going to be quick in and out plays. Probably not worth the hassle or risk.
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karennma
8,057 posts
msg #140924
- Ignore karennma |
1/12/2018 7:54:33 PM
davesaint86
294 posts
msg #140920
- Ignore davesaint86 1/12/2018 7:40:13 PM
Just SDS long.
================
Was that you?
I was watching SDS too!
;>)
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karennma
8,057 posts
msg #140925
- Ignore karennma |
1/12/2018 7:58:33 PM
davesaint86
295 posts
msg #140898
- Ignore davesaint86 1/12/2018 1:59:26 PM
Here is the actual filter with everything in it Karen.
=========================================
I'm like a kid in a candy store.
You know I must be blown away b'cuz I'm never looking at stock charts on a Friday nite!
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karennma
8,057 posts
msg #140926
- Ignore karennma |
1/12/2018 8:14:38 PM
Thanks!
Hava great week-end!
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Mactheriverrat
3,178 posts
msg #140927
- Ignore Mactheriverrat |
1/12/2018 8:41:25 PM
davesaint86
Very interesting code from your symlist on page 2.
I myself like less indicators if any at all but thats just me.
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davesaint86
726 posts
msg #140928
- Ignore davesaint86 |
1/12/2018 8:42:51 PM
Going skiing tomorrow to forget about work and the markets.
https://www.stevenspass.com/site/mountain/cams/plaza-interactive-cam.html
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davesaint86
726 posts
msg #140929
- Ignore davesaint86 |
1/12/2018 8:52:02 PM
Mach - I understand - the fewer the indicators the better. Believe it or not I use most them. For example look at the Slo Sto 5,1. Most of the time when hits the 80 line it's over. I use the RSI(4), RSI(9) and RSI(30) for trend strength mainly. RSI(30) should be over 50 at a minimum. I use the SloSto 14,3 based on Ira Epstein's rules. I created the CSTO and CSRSI as average composites for relative strength since I have 3X, 2X, and 1x funds mixed in my syslist.
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shillllihs
6,102 posts
msg #140930
- Ignore shillllihs |
1/12/2018 9:31:55 PM
Dave, any idea how shorting Sds or going long Sso in that time frame would have performed?
That's my last question for awhile. Just think this is brilliant. I was honestly using one of Riggs filters too but this one is superior.
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davesaint86
726 posts
msg #140932
- Ignore davesaint86 |
1/12/2018 11:28:04 PM
Maybe I missed something Shills. What timeframe are you talking about? If you are talking 11/1/07 to 4/30/09 SDS return 60.24% according to https://www.portfoliovisualizer.com/. By the way this tool is free. You can add sds or sso in a portfolio and backtest anything you want.
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olathegolf
119 posts
msg #140933
- Ignore olathegolf |
1/12/2018 11:32:04 PM
Great filter, Dave. Thanks.
I used the DMA indicator recently - generating similar longposition and shortposition signals. I manually backtested using the date offset feature (below the filter window). I noticed that the long/short signals in the table differed from the signals shown on the chart. There were many more signal changes in the table.
I asked StockFetcher and they advised as follows:
SF>The tabular value, when using the date offset, shows the DMA value as it was on that date.The issue you are experiencing is related to date offset and the StockFetcher chart that shows a continuous plot of the DMA to the current date.
Further, I found the following link in SF Help: https://www.stockfetcher.com/help/Negative-Offset-Displaced-Moving-Average/100315
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