StockFetcher Forums · Filter Exchange · Bullish Hammers after a downtrend<< >>Post Follow-up
ashraf999
33 posts
msg #45372
- Ignore ashraf999		 6/29/2006 4:50:29 PM

This is one of my favourite bullish reversal signals. You need however to train your eye to pick the winner.

Fetcher[set{body_bottom,min(open 0 day ago,close 0 day ago)}
set{body_top,max(open 0 day ago,close 0 day ago)}
set{low_shadow, body_bottom - low 0 day ago}
set{top_shadow, high 0 day ago - body_top}
set{body_size, body_top - body_bottom}
set{body_size2, body_size * 2}
set{body_bottom1,min(open 1 day ago,close 1 day ago)}
set{low_shadow1, body_bottom1 - low 1 day ago}
set{body_bottom2,min(open 2 day ago,close 2 day ago)}
set{low_shadow2, body_bottom2 - low 2 days ago}
set{body_bottom3,min(open 3 day ago,close 3 day ago)}
set{low_shadow3, body_bottom3 - low 3 day ago}
show stocks where low_shadow > body_size2
and body_size > top_shadow
and close 0 days ago > open 0 days ago
and open 0 days ago < open 1 days ago
and low 0 days ago < low 1 days ago
and low 0 days ago < low 2 days ago
and low 0 days ago < low 3 days ago
and low_shadow > low_shadow1
and low_shadow > low_shadow2
and low_shadow > low_shadow3
and volume > 100000]
traderblues
195 posts
msg #45379
- Ignore traderblues
modified		 6/29/2006 9:03:44 PM

deleted
shelupinin
120 posts
msg #45384
- Ignore shelupinin		 6/30/2006 3:37:24 AM

a little modification of your filter
Fetcher[set{body_bottom,min(open 0 day ago,close 0 day ago)}
set{body_top,max(open 0 day ago,close 0 day ago)}
set{low_shadow, body_bottom - low 0 day ago}
set{top_shadow, high 0 day ago - body_top}
set{body_size, body_top - body_bottom}
set{body_size2, body_size * 2}
set{body_bottom1,min(open 1 day ago,close 1 day ago)}
set{low_shadow1, body_bottom1 - low 1 day ago}
set{body_bottom2,min(open 2 day ago,close 2 day ago)}
set{low_shadow2, body_bottom2 - low 2 days ago}
set{body_bottom3,min(open 3 day ago,close 3 day ago)}
set{low_shadow3, body_bottom3 - low 3 day ago}
show stocks where low_shadow > body_size2
and body_size > top_shadow
and close 0 days ago > open 0 days ago
and open 0 days ago < open 1 days ago
and low 0 days ago < low 1 days ago
and low 0 days ago < low 2 days ago
and low 0 days ago < low 3 days ago
and low_shadow > low_shadow1
and low_shadow > low_shadow2
and low_shadow > low_shadow3
and volume > 100000
and 2 days slope of the close is above -0.5]


I've added "and 2 days slope of the close is above -0.5" to prevent stocks which dropped too much to rebounce
ashraf999
33 posts
msg #45961
- Ignore ashraf999		 7/19/2006 7:42:11 AM

Here is a slight change to the filter:

Fetcher[set{body_bottom,min(open 0 day ago,close 0 day ago)}
set{body_top,max(open 0 day ago,close 0 day ago)}
set{low_shadow, body_bottom - low 0 day ago}
set{top_shadow, high 0 day ago - body_top}
set{body_size, body_top - body_bottom}
set{body_size2, body_size * 2}
set{body_bottom1,min(open 1 day ago,close 1 day ago)}
set{low_shadow1, body_bottom1 - low 1 day ago}
set{body_bottom2,min(open 2 day ago,close 2 day ago)}
set{low_shadow2, body_bottom2 - low 2 days ago}
set{body_bottom3,min(open 3 day ago,close 3 day ago)}
set{low_shadow3, body_bottom3 - low 3 day ago}
show stocks where low_shadow > body_size2
and body_size > top_shadow
and close 0 days ago > open 0 days ago
and open 0 days ago < open 1 days ago
and low 0 days ago < low 1 days ago
and low 0 days ago < low 2 days ago
and low 0 days ago < low 3 days ago
and low_shadow > low_shadow1
and low_shadow > low_shadow2
and low_shadow > low_shadow3
and close > 2
and price 1 days ago had been decreasing for the last 3 days
and close 0 days ago > open 1 days ago
and average volume(90) > 100000
offset 0]
StockFetcher Forums · Filter Exchange · Bullish Hammers after a downtrend<< >>Post Follow-up

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