moqual
38 posts
msg #59799
- Ignore moqual |
2/19/2008 8:51:24 PM
Long Filter yesterday - HUBG on top
Today HUBG long profit = 3.4%
Short Filter yesterday - KMX on top
Today KMX short profit = 2.0%
better milk KMX while you can, it won't last forever
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SFMc01
358 posts
msg #59830
- Ignore SFMc01 |
2/20/2008 9:05:10 PM
Hopefully I'm wrong ... but, the backtest I ran for a two year period only shows that 69% of the stocks selected had highs at least 1% over the open. As you know, it may be difficult making a profit when only making 1% on 69% of the trades. I couldn't find any stop loss number that would make this filter profitable using StockFetcher's flawed one day holding period backtesting method. Holding more than 1 day failed miserably. I also was not successful adding and varying some criteria.
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SFMc01
358 posts
msg #59831
- Ignore SFMc01 |
2/20/2008 9:06:29 PM
Follow up: Has anyone else backtested this?
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dwiggains
448 posts
msg #59861
- Ignore dwiggains |
2/21/2008 7:22:37 PM
Hi
I tried paper trading this today. I did not do very good.
Anyone else trade today.
Thanks
See ya
David
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nikoschopen
2,824 posts
msg #59862
- Ignore nikoschopen |
2/21/2008 9:08:57 PM
Well, as far as I can tell, the past and the future were never on friendly terms.
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moqual
38 posts
msg #59864
- Ignore moqual
modified |
2/21/2008 9:55:01 PM
There's no point in backtesting.
Backtesting is used to determine the accuracy of past technical indicator buy/sell signals.
This filter is purely a statistical list of given short term trends
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moqual
38 posts
msg #59865
- Ignore moqual |
2/21/2008 10:00:22 PM
Top of long list before today's open: HUBG
HUBG produced 2.66% long profit
Top of short list before today's open: KMX
KMX produced 3.85% short profit today
Not too sure why it was not successful.
Please elaborate
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moqual
38 posts
msg #59972
- Ignore moqual |
2/26/2008 2:57:32 PM
Is anyone using these filters?
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johnpaulca
12,036 posts
msg #59987
- Ignore johnpaulca |
2/26/2008 8:35:43 PM
moqual...are you trading with this filter ??? it had some good picks. How do you decide which stocks to trade from this scan. I added an ema(100) to the filter to filter stocks in a down trend. Would be kind to post an example chart for us see your entry and exit strategy. tia
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psychtrader
4 posts
msg #61360
- Ignore psychtrader
modified |
4/11/2008 10:58:49 AM
moqual, can you email me about these filters?
psychtrader(AT)gmail.com
I am looking for some explanation and possible customizations. Thanks!
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